Shufro Rose & Co. LLC Makes New $286,000 Investment in CNH GLOBAL N V Foreign (NYSE:CNH)

Shufro Rose & Co. LLC bought a new position in shares of CNH GLOBAL N V Foreign (NYSE:CNH - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 25,000 shares of the company's stock, valued at approximately $286,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Colonial Trust Co SC acquired a new stake in CNH GLOBAL N V Foreign in the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC bought a new position in shares of CNH GLOBAL N V Foreign in the 4th quarter valued at about $25,000. Quent Capital LLC acquired a new stake in shares of CNH GLOBAL N V Foreign during the 4th quarter worth approximately $26,000. Anchor Investment Management LLC acquired a new stake in shares of CNH GLOBAL N V Foreign during the 4th quarter worth approximately $26,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of CNH GLOBAL N V Foreign during the fourth quarter worth approximately $27,000. Institutional investors own 59.88% of the company's stock.

Insider Transactions at CNH GLOBAL N V Foreign

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

CNH GLOBAL N V Foreign Stock Down 1.3%

CNH stock traded down $0.17 during mid-day trading on Friday, hitting $12.48. 31,290,909 shares of the company were exchanged, compared to its average volume of 13,359,321. The company has a debt-to-equity ratio of 3.54, a quick ratio of 10.83 and a current ratio of 13.21. CNH GLOBAL N V Foreign has a 1-year low of $9.28 and a 1-year high of $13.87. The firm's 50 day simple moving average is $12.13 and its 200 day simple moving average is $12.15. The firm has a market cap of $15.59 billion, a P/E ratio of 12.12 and a beta of 1.50.

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, beating the consensus estimate of $0.09 by $0.01. The business had revenue of $3.83 billion for the quarter, compared to analysts' expectations of $4.47 billion. CNH GLOBAL N V Foreign had a net margin of 6.62% and a return on equity of 18.00%. The firm's quarterly revenue was down 20.5% compared to the same quarter last year. On average, sell-side analysts predict that CNH GLOBAL N V Foreign will post 0.7 EPS for the current fiscal year.

CNH GLOBAL N V Foreign Cuts Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a dividend yield of 3.8%. CNH GLOBAL N V Foreign's dividend payout ratio is currently 57.32%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CNH. Morgan Stanley reduced their price objective on shares of CNH GLOBAL N V Foreign from $16.50 to $15.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Oppenheimer reduced their price target on CNH GLOBAL N V Foreign from $16.00 to $15.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 22nd. Robert W. Baird reaffirmed a "neutral" rating and set a $15.00 price objective (down from $16.00) on shares of CNH GLOBAL N V Foreign in a research note on Monday, March 3rd. Northland Capmk raised CNH GLOBAL N V Foreign from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 11th. Finally, Evercore ISI raised their target price 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. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $15.08.

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.