Poehling Capital Management INC. Buys Shares of 266,206 CNH GLOBAL N V Foreign (NYSE:CNH)

Poehling Capital Management INC. purchased a new stake in CNH GLOBAL N V Foreign (NYSE:CNH - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 266,206 shares of the company's stock, valued at approximately $3,016,000.

Other hedge funds also recently added to or reduced their stakes in the company. Artisan Partners Limited Partnership purchased a new position in shares of CNH GLOBAL N V Foreign during the fourth quarter worth approximately $361,990,000. Vanguard Group Inc. purchased a new position in shares of CNH GLOBAL N V Foreign during the fourth quarter worth approximately $359,303,000. Charles Schwab Investment Management Inc. purchased a new position in shares of CNH GLOBAL N V Foreign during the fourth quarter worth approximately $233,474,000. Dimensional Fund Advisors LP acquired a new stake in shares of CNH GLOBAL N V Foreign during the fourth quarter worth $162,095,000. Finally, Marathon Asset Management Ltd acquired a new stake in shares of CNH GLOBAL N V Foreign during the fourth quarter worth $161,043,000. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CNH shares. UBS Group increased their price target on CNH GLOBAL N V Foreign from $13.00 to $16.00 and gave the stock a "buy" rating in a report on Friday, May 9th. Citigroup increased their price target on CNH GLOBAL N V Foreign from $12.00 to $14.00 and gave the stock a "buy" rating in a report on Monday, May 5th. Evercore ISI increased their price target on CNH GLOBAL N V Foreign from $13.00 to $15.00 and gave the stock an "in-line" rating in a report on Monday, May 19th. Wall Street Zen started coverage on CNH GLOBAL N V Foreign in a report on Wednesday, April 30th. They set a "sell" rating for the company. Finally, Robert W. Baird reaffirmed a "neutral" rating and set a $15.00 price target (down from $16.00) on shares of CNH GLOBAL N V Foreign in a report on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $14.92.

CNH GLOBAL N V Foreign Price Performance

Shares of CNH stock traded up $0.30 during mid-day trading on Tuesday, reaching $13.06. The stock had a trading volume of 9,689,179 shares, compared to its average volume of 13,143,529. The company has a market cap of $16.31 billion, a P/E ratio of 12.68 and a beta of 1.50. The business has a 50-day simple moving average of $12.12 and a 200 day simple moving average of $12.11. CNH GLOBAL N V Foreign has a 12-month low of $9.28 and a 12-month high of $13.87. The company has a current ratio of 13.21, a quick ratio of 10.83 and a debt-to-equity ratio of 3.54.

CNH GLOBAL N V Foreign (NYSE:CNH - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The firm had revenue of $3.83 billion during the quarter, compared to analysts' expectations of $4.47 billion. CNH GLOBAL N V Foreign had a return on equity of 18.00% and a net margin of 6.62%. The company's quarterly revenue was down 20.5% on a year-over-year basis. On average, sell-side analysts anticipate that CNH GLOBAL N V Foreign will post 0.7 earnings per share for the current year.

CNH GLOBAL N V Foreign Cuts Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, May 30th. Shareholders of record on Wednesday, May 21st will be issued a $0.25 dividend. This represents a yield of 3.8%. The ex-dividend date is Wednesday, May 21st. CNH GLOBAL N V Foreign's dividend payout ratio (DPR) is 57.32%.

Insider Activity

In other news, insider Stefano Pampalone sold 12,935 shares of CNH GLOBAL N V Foreign stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $11.64, for a total value of $150,563.40. Following the transaction, the insider now directly owns 417,384 shares of the company's stock, valued at $4,858,349.76. The trade was a 3.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CTO Jay Schroeder sold 2,154 shares of the business's stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $12.70, for a total value of $27,355.80. Following the transaction, the chief technology officer now directly owns 32,762 shares in the company, valued at $416,077.40. This trade represents a 6.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 432,866 shares of company stock valued at $5,081,828 in the last three months. Corporate insiders own 1.00% of the company's stock.

CNH GLOBAL N V Foreign Company Profile

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.