Vontobel Holding Ltd. Has $670,000 Holdings in CNH Industrial (NYSE:CNHI)

Vontobel Holding Ltd. cut its position in CNH Industrial (NYSE:CNHI - Free Report) by 60.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 54,804 shares of the company's stock after selling 85,127 shares during the quarter. Vontobel Holding Ltd.'s holdings in CNH Industrial were worth $670,000 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 the company. CWM LLC boosted its stake in shares of CNH Industrial by 29.3% in the third quarter. CWM LLC now owns 5,383 shares of the company's stock valued at $65,000 after purchasing an additional 1,220 shares during the period. 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 valued at $4,458,000 after acquiring an additional 1,223 shares in the last quarter. Signaturefd LLC raised its holdings in CNH Industrial by 8.7% in the third quarter. Signaturefd LLC now owns 17,338 shares of the company's stock valued at $210,000 after acquiring an additional 1,382 shares in the last quarter. State Board of Administration of Florida Retirement System raised its holdings in CNH Industrial by 0.4% in the third quarter. State Board of Administration of Florida Retirement System now owns 386,920 shares of the company's stock valued at $4,682,000 after acquiring an additional 1,470 shares in the last quarter. Finally, Banque Cantonale Vaudoise raised its holdings in CNH Industrial by 4.7% in the third quarter. Banque Cantonale Vaudoise now owns 35,880 shares of the company's stock valued at $438,000 after acquiring an additional 1,624 shares in the last quarter. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CNHI has been the topic of several recent analyst reports. Evercore ISI upped their price target on shares of CNH Industrial from $11.50 to $13.00 and gave the company an "in-line" rating in a report on Tuesday, February 20th. Bank of America reaffirmed a "neutral" rating on shares of CNH Industrial in a report on Monday. Truist Financial began coverage on shares of CNH Industrial in a report on Thursday, March 14th. They issued a "buy" rating and a $18.00 price target on the stock. DA Davidson began coverage on shares of CNH Industrial in a report on Tuesday, January 23rd. They set a "neutral" rating and a $13.00 target price on the stock. Finally, Robert W. Baird increased their target price on shares of CNH Industrial from $15.00 to $16.00 and gave the stock an "outperform" rating in a report on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, CNH Industrial currently has an average rating of "Hold" and an average target price of $15.20.

CNH Industrial Stock Performance

Shares of CNHI stock traded up $0.09 during trading hours on Tuesday, reaching $11.59. The stock had a trading volume of 16,340,839 shares, compared to its average volume of 11,941,028. The company has a debt-to-equity ratio of 3.34, a current ratio of 9.32 and a quick ratio of 7.86. CNH Industrial has a twelve month low of $9.77 and a twelve month high of $15.74. The firm has a 50-day simple moving average of $12.37 and a 200-day simple moving average of $11.74. The firm has a market capitalization of $14.55 billion, a PE ratio of 6.64 and a beta of 1.65.

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

CNH Industrial Increases Dividend

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

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.