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

Tidal Investments LLC boosted its stake in CNH GLOBAL N V Foreign (NYSE:CNH - Free Report) by 37.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 171,947 shares of the company's stock after acquiring an additional 46,938 shares during the quarter. Tidal Investments LLC's holdings in CNH GLOBAL N V Foreign were worth $1,948,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Moore Capital Management LP acquired a new position in CNH GLOBAL N V Foreign in the fourth quarter worth $10,166,000. Integrated Wealth Concepts LLC acquired a new position in shares of CNH GLOBAL N V Foreign during the fourth quarter valued at $163,000. Eisler Capital Management Ltd. acquired a new position in CNH GLOBAL N V Foreign during the fourth quarter worth about $2,985,000. Deprince Race & Zollo Inc. acquired a new position in CNH GLOBAL N V Foreign during the fourth quarter worth about $9,345,000. Finally, Captrust Financial Advisors acquired a new position in CNH GLOBAL N V Foreign during the fourth quarter worth about $2,287,000. Hedge funds and other institutional investors own 59.88% of the company's stock.

Insider Buying and Selling at CNH GLOBAL N V Foreign

In other news, insider Stefano Pampalone sold 12,935 shares of CNH GLOBAL N V Foreign 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 completion of the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kelly Manley sold 3,575 shares of the business's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $12.70, for a total value of $45,402.50. Following the transaction, the insider now owns 161,473 shares of the company's stock, valued at approximately $2,050,707.10. The trade was a 2.17% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 432,866 shares of company stock valued at $5,081,828. 1.00% of the stock is owned by company insiders.

CNH GLOBAL N V Foreign Price Performance

CNH stock traded down $0.13 during mid-day trading on Thursday, reaching $12.73. 5,120,629 shares of the company traded hands, compared to its average volume of 13,201,420. CNH GLOBAL N V Foreign has a 52-week low of $9.28 and a 52-week high of $13.87. The company has a debt-to-equity ratio of 3.54, a current ratio of 13.21 and a quick ratio of 10.83. The company has a market capitalization of $15.90 billion, a P/E ratio of 12.34 and a beta of 1.50. The company has a fifty day moving average price of $12.13 and a 200-day moving average price of $12.14.

CNH GLOBAL N V Foreign (NYSE:CNH - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.01. The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate 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 business's revenue was down 20.5% compared to the same quarter last year. As a group, 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 disclosed an annual dividend, which will be paid on Friday, May 30th. Investors 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 (DPR) is presently 57.32%.

Wall Street Analysts Forecast Growth

CNH has been the topic of several recent analyst reports. Baird R W downgraded CNH GLOBAL N V Foreign from a "strong-buy" rating to a "hold" rating in a report on Monday, March 3rd. Truist Financial lowered their target price on CNH GLOBAL N V Foreign from $17.00 to $16.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Oppenheimer decreased their target price on shares of CNH GLOBAL N V Foreign from $16.00 to $15.00 and set an "outperform" rating for the company in a research report on Tuesday, April 22nd. Citigroup boosted their target price on shares of CNH GLOBAL N V Foreign from $12.00 to $14.00 and gave the stock a "buy" rating in a research report on Monday, May 5th. Finally, Evercore ISI upped their price objective on shares of 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 analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $14.92.

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.