Timber Creek Capital Management LLC Sells 114,367 Shares of CNH Industrial N.V. (NYSE:CNH)

Timber Creek Capital Management LLC reduced its holdings in shares of CNH Industrial N.V. (NYSE:CNH - Free Report) by 17.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 528,802 shares of the company's stock after selling 114,367 shares during the quarter. CNH Industrial accounts for about 1.7% of Timber Creek Capital Management LLC's investment portfolio, making the stock its 18th largest holding. Timber Creek Capital Management LLC's holdings in CNH Industrial were worth $6,494,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in CNH. OneDigital Investment Advisors LLC lifted its holdings in shares of CNH Industrial by 5.9% during the 1st quarter. OneDigital Investment Advisors LLC now owns 61,954 shares of the company's stock valued at $761,000 after buying an additional 3,461 shares during the last quarter. 44 Wealth Management LLC boosted its stake in CNH Industrial by 116.8% in the first quarter. 44 Wealth Management LLC now owns 64,219 shares of the company's stock worth $789,000 after purchasing an additional 34,593 shares in the last quarter. D.A. Davidson & CO. increased its holdings in CNH Industrial by 0.8% in the first quarter. D.A. Davidson & CO. now owns 331,696 shares of the company's stock valued at $4,073,000 after purchasing an additional 2,794 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of CNH Industrial by 0.4% in the first quarter. Principal Financial Group Inc. now owns 2,011,372 shares of the company's stock worth $24,700,000 after acquiring an additional 7,061 shares in the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in shares of CNH Industrial during the first quarter worth about $1,570,000. 59.88% of the stock is owned by institutional investors and hedge funds.

CNH Industrial Price Performance

CNH traded down $0.23 during midday trading on Monday, reaching $13.47. 7,537,174 shares of the company's stock were exchanged, compared to its average volume of 14,523,959. The company has a debt-to-equity ratio of 3.29, a current ratio of 13.41 and a quick ratio of 11.18. The stock has a market capitalization of $16.82 billion, a PE ratio of 16.46 and a beta of 1.50. The business's 50-day moving average price is $12.81 and its 200 day moving average price is $12.35. CNH Industrial N.V. has a 1-year low of $9.28 and a 1-year high of $13.87.

CNH Industrial (NYSE:CNH - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. The company had revenue of $3.83 billion during the quarter, compared to analyst estimates of $4.47 billion. CNH Industrial had a net margin of 5.53% and a return on equity of 14.32%. The business's revenue was down 20.5% compared to the same quarter last year. As a group, equities analysts anticipate that CNH Industrial N.V. will post 0.7 EPS for the current fiscal year.

Insider Activity at CNH Industrial

In other news, CTO Jay Schroeder sold 2,154 shares of CNH Industrial stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $12.70, for a total value of $27,355.80. Following the transaction, the chief technology officer owned 32,762 shares of the company's stock, valued at $416,077.40. The trade was a 6.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Oddone Incisa sold 22,515 shares of the firm's stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $12.70, for a total transaction of $285,940.50. Following the completion of the transaction, the chief financial officer owned 856,574 shares of the company's stock, valued at approximately $10,878,489.80. The trade was a 2.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 40,246 shares of company stock valued at $511,732. 0.23% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Northland Capmk raised CNH Industrial from a "hold" rating to a "strong-buy" rating in a report on Friday, April 11th. Truist Financial lowered their target price on CNH Industrial from $17.00 to $16.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Evercore ISI upped their price target on CNH Industrial from $13.00 to $15.00 and gave the stock an "in-line" rating in a research note on Monday, May 19th. Citigroup increased their price target on CNH Industrial from $14.00 to $16.00 and gave the stock a "buy" rating in a research note on Friday, May 30th. Finally, Oppenheimer decreased their price objective on shares of CNH Industrial from $16.00 to $15.00 and set an "outperform" rating for the company in a research note on Tuesday, April 22nd. 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 assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.08.

About CNH Industrial

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.