CNH GLOBAL N V Foreign (NYSE:CNH) Shares Acquired by Tidal Investments LLC

Tidal Investments LLC lifted its holdings in shares of CNH GLOBAL N V Foreign (NYSE:CNH - Free Report) by 37.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 171,947 shares of the company's stock after buying an additional 46,938 shares during the quarter. Tidal Investments LLC's holdings in CNH GLOBAL N V Foreign were worth $1,948,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Colonial Trust Co SC acquired a new position in CNH GLOBAL N V Foreign in the 4th quarter valued at $25,000. EverSource Wealth Advisors LLC acquired a new position in CNH GLOBAL N V Foreign during the fourth quarter worth about $25,000. Quent Capital LLC acquired a new stake in CNH GLOBAL N V Foreign in the 4th quarter valued at about $26,000. Anchor Investment Management LLC acquired a new stake in CNH GLOBAL N V Foreign in the 4th quarter valued at about $26,000. Finally, Farther Finance Advisors LLC purchased a new position in CNH GLOBAL N V Foreign in the 4th quarter worth approximately $27,000. Hedge funds and other 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 dated Tuesday, March 4th. The shares were sold at an average price of $11.64, for a total transaction of $150,563.40. Following the sale, the insider now directly owns 417,384 shares in the company, valued at $4,858,349.76. This represents a 3.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kelly Manley sold 3,575 shares of the stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $12.70, for a total transaction of $45,402.50. Following the sale, the insider now directly owns 161,473 shares in the company, valued at $2,050,707.10. This represents a 2.17% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 432,866 shares of company stock worth $5,081,828 over the last ninety days. Company insiders own 1.00% of the company's stock.

Wall Street Analysts Forecast Growth

CNH has been the subject of a number of analyst reports. UBS Group upped their price target on CNH GLOBAL N V Foreign from $13.00 to $16.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Citigroup upped their target price on CNH GLOBAL N V Foreign from $12.00 to $14.00 and gave the company a "buy" rating in a report on Monday, May 5th. Baird R W downgraded CNH GLOBAL N V Foreign from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 3rd. Evercore ISI boosted their price target on shares of CNH GLOBAL N V Foreign from $13.00 to $15.00 and gave the company an "in-line" rating in a research report on Monday, May 19th. Finally, Oppenheimer dropped their price objective on shares of CNH GLOBAL N V Foreign from $16.00 to $15.00 and set an "outperform" rating for the company in a report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, CNH GLOBAL N V Foreign presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.92.

CNH GLOBAL N V Foreign Trading Down 0.7%

NYSE CNH traded down $0.09 during trading hours on Wednesday, reaching $12.86. The company had a trading volume of 15,407,647 shares, compared to its average volume of 13,212,886. The company has a current ratio of 13.21, a quick ratio of 10.83 and a debt-to-equity ratio of 3.54. The stock has a market capitalization of $16.07 billion, a P/E ratio of 12.49 and a beta of 1.50. The stock has a 50-day moving average of $12.12 and a 200 day moving average of $12.12. CNH GLOBAL N V Foreign has a 1-year low of $9.28 and a 1-year high of $13.87.

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

CNH GLOBAL N V Foreign Cuts Dividend

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

CNH GLOBAL N V Foreign 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.