Cambiar Investors LLC Makes New Investment in CNH Industrial (NYSE:CNHI)

Cambiar Investors LLC acquired a new stake in CNH Industrial (NYSE:CNHI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,208,675 shares of the company's stock, valued at approximately $14,722,000. Cambiar Investors LLC owned approximately 0.09% of CNH Industrial at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Point72 Middle East FZE raised its holdings in shares of CNH Industrial by 1.5% in the second quarter. Point72 Middle East FZE now owns 75,291 shares of the company's stock valued at $1,084,000 after acquiring an additional 1,148 shares in the last quarter. CWM LLC raised its holdings in CNH Industrial by 29.3% in the third quarter. CWM LLC now owns 5,383 shares of the company's stock worth $65,000 after purchasing an additional 1,220 shares in the last quarter. Public Sector Pension Investment Board raised its holdings in CNH Industrial by 0.3% in the third quarter. Public Sector Pension Investment Board now owns 364,900 shares of the company's stock worth $4,458,000 after purchasing an additional 1,223 shares in the last quarter. Glenmede Trust Co. NA raised its holdings in CNH Industrial by 12.8% in the third quarter. Glenmede Trust Co. NA now owns 11,282 shares of the company's stock worth $137,000 after purchasing an additional 1,280 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in CNH Industrial by 4.8% in the second quarter. Cerity Partners LLC now owns 30,197 shares of the company's stock worth $435,000 after purchasing an additional 1,373 shares in the last quarter. 59.88% of the stock is currently owned by institutional investors.

CNH Industrial Stock Performance

NYSE CNHI remained flat at $12.82 during trading hours on Friday. The company had a trading volume of 6,028,336 shares, compared to its average volume of 8,632,847. The company's 50-day moving average is $12.29 and its two-hundred day moving average is $11.70. The stock has a market cap of $16.11 billion, a PE ratio of 7.33 and a beta of 1.65. CNH Industrial has a 52-week low of $9.77 and a 52-week high of $15.74. The company has a current ratio of 9.32, a quick ratio of 7.86 and a debt-to-equity ratio of 3.34.

CNH Industrial (NYSE:CNHI - Get Free Report) last released its quarterly earnings data on Wednesday, February 14th. The company reported $0.42 EPS for the quarter, hitting the consensus estimate of $0.42. CNH Industrial had a return on equity of 29.59% and a net margin of 9.60%. The business had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.50 billion. During the same quarter in the prior year, the firm posted $0.36 EPS. The business's quarterly revenue was down 2.6% compared to the same quarter last year. On average, equities research analysts forecast that CNH Industrial will post 1.56 EPS for the current year.

CNH Industrial Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be given a $0.47 dividend. This represents a yield of 3.71%. The ex-dividend date is Friday, May 10th. This is a positive change from CNH Industrial's previous annual dividend of $0.39.

Analysts Set New Price Targets

CNHI has been the subject of a number of recent research reports. DA Davidson initiated coverage on shares of CNH Industrial in a report on Tuesday, January 23rd. They issued a "neutral" rating and a $13.00 target price for the company. Truist Financial assumed coverage on shares of CNH Industrial in a report on Thursday, March 14th. They issued a "buy" rating and a $18.00 target price for the company. Wells Fargo & Company assumed coverage on CNH Industrial in a research note on Friday, December 15th. They set an "equal weight" rating and a $13.00 price target on the stock. The Goldman Sachs Group upgraded CNH Industrial from a "neutral" rating to a "buy" rating and set a $19.00 price target on the stock in a research note on Wednesday, January 17th. Finally, StockNews.com upgraded CNH Industrial from a "sell" rating to a "hold" rating in a research note on Wednesday. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $15.20.

CNH Industrial Profile

CNH Industrial N.V., an equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services.