Barings LLC Has $3.99 Million Holdings in CNH Industrial (NYSE:CNHI)

Barings LLC lifted its holdings in shares of CNH Industrial (NYSE:CNHI - Free Report) by 29.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 327,440 shares of the company's stock after buying an additional 74,538 shares during the quarter. Barings LLC's holdings in CNH Industrial were worth $3,988,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CNHI. SRS Capital Advisors Inc. acquired a new stake in shares of CNH Industrial during the 4th quarter worth approximately $25,000. Alta Advisers Ltd acquired a new position in CNH Industrial during the third quarter valued at approximately $40,000. NBC Securities Inc. acquired a new position in CNH Industrial during the fourth quarter valued at approximately $46,000. BKM Wealth Management LLC acquired a new position in shares of CNH Industrial in the 4th quarter valued at $49,000. Finally, Advantage Trust Co bought a new stake in shares of CNH Industrial in the 4th quarter valued at $51,000. Institutional investors and hedge funds own 59.88% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on CNHI. JPMorgan Chase & Co. reduced their target price on CNH Industrial from $14.50 to $14.00 and set a "neutral" rating on the stock in a report on Friday, May 3rd. Bank of America reissued a "neutral" rating on shares of CNH Industrial in a research note on Monday, April 22nd. Oppenheimer reaffirmed a "market perform" rating on shares of CNH Industrial in a research note on Tuesday, April 16th. 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 price target for the company. Finally, The Goldman Sachs Group upgraded shares of CNH Industrial from a "neutral" rating to a "buy" rating and set a $19.00 price objective on the stock in a report on Wednesday, January 17th. 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $15.20.

CNH Industrial Stock Performance

Shares of CNHI stock traded up $0.31 on Tuesday, hitting $11.77. The company's stock had a trading volume of 7,485,480 shares, compared to its average volume of 11,744,510. CNH Industrial has a fifty-two week low of $9.77 and a fifty-two week high of $15.74. The company has a market capitalization of $14.80 billion, a PE ratio of 6.88 and a beta of 1.66. The stock's 50 day moving average is $12.22 and its 200-day moving average is $11.75. The company has a debt-to-equity ratio of 3.49, a quick ratio of 8.11 and a current ratio of 9.88.

CNH Industrial (NYSE:CNHI - Get Free Report) last announced its earnings results on Thursday, May 2nd. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.07. The firm had revenue of $4.82 billion for the quarter, compared to analyst estimates of $4.46 billion. CNH Industrial had a net margin of 9.48% and a return on equity of 28.38%. The business's revenue was down 9.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.35 EPS. Equities research analysts expect that CNH Industrial will post 1.51 earnings per share for the current fiscal year.

CNH Industrial Increases Dividend

The business also recently declared an annual dividend, which will be paid on Wednesday, May 29th. Investors of record on Monday, May 13th will be paid a $0.47 dividend. This is a boost from CNH Industrial's previous annual dividend of $0.39. This represents a dividend yield of 3.71%. The ex-dividend date is Friday, May 10th. CNH Industrial's payout ratio is 27.49%.

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.

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