Fiera Capital Corp Has $1.22 Million Stock Holdings in CNH Industrial (NYSE:CNHI)

Fiera Capital Corp reduced its holdings in shares of CNH Industrial (NYSE:CNHI - Free Report) by 78.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 100,399 shares of the company's stock after selling 373,119 shares during the period. Fiera Capital Corp's holdings in CNH Industrial were worth $1,223,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. Harris Associates L P raised its holdings in CNH Industrial by 9.2% during the third quarter. Harris Associates L P now owns 123,079,130 shares of the company's stock valued at $1,501,638,000 after acquiring an additional 10,322,578 shares during the period. Vanguard Group Inc. grew its stake in CNH Industrial by 38.9% in the third quarter. Vanguard Group Inc. now owns 51,276,895 shares of the company's stock worth $620,450,000 after purchasing an additional 14,348,475 shares in the last quarter. LSV Asset Management boosted its stake in shares of CNH Industrial by 23.0% during the fourth quarter. LSV Asset Management now owns 12,409,740 shares of the company's stock valued at $151,151,000 after purchasing an additional 2,319,600 shares in the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in CNH Industrial in the third quarter valued at about $45,390,000. Finally, Northern Trust Corp boosted its position in shares of CNH Industrial by 87.2% in the 3rd quarter. Northern Trust Corp now owns 3,743,672 shares of the company's stock worth $45,298,000 after purchasing an additional 1,744,035 shares in the last quarter. 59.88% of the stock is owned by institutional investors.

CNH Industrial Stock Down 0.6 %

CNH Industrial stock traded down $0.07 during mid-day trading on Friday, reaching $11.45. The company's stock had a trading volume of 6,638,056 shares, compared to its average volume of 11,526,791. The company has a market capitalization of $14.40 billion, a price-to-earnings ratio of 6.70 and a beta of 1.66. 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 has a 12 month low of $9.77 and a 12 month high of $15.74. The business's 50 day simple moving average is $12.21 and its 200 day simple moving average is $11.75.

CNH Industrial (NYSE:CNHI - Get Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.07. The firm had revenue of $4.82 billion during the quarter, compared to analysts' expectations of $4.46 billion. CNH Industrial had a return on equity of 28.38% and a net margin of 9.48%. The company's quarterly revenue was down 9.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.35 EPS. As a group, research analysts anticipate that CNH Industrial will post 1.51 earnings per share for the current year.

CNH Industrial Increases Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Truist Financial cut their price objective on shares of CNH Industrial from $18.00 to $17.00 and set a "buy" rating on the stock in a research note on Monday, May 6th. DA Davidson assumed coverage on CNH Industrial in a research note on Tuesday, January 23rd. They issued a "neutral" rating and a $13.00 price target on the stock. Bank of America reaffirmed a "neutral" rating on shares of CNH Industrial in a research note on Monday, April 22nd. Robert W. Baird increased their price objective on CNH Industrial from $15.00 to $16.00 and gave the company an "outperform" rating in a research note on Thursday, February 15th. Finally, Oppenheimer reissued a "market perform" rating on shares of CNH Industrial in a research report on Tuesday, April 16th. One equities research 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.com, CNH Industrial has an average rating of "Hold" and a consensus 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.