Paradoxiom Capital L.P. Takes $5.76 Million Position in CNH GLOBAL N V Foreign (NYSE:CNH)

Paradoxiom Capital L.P. bought a new position in CNH GLOBAL N V Foreign (NYSE:CNH - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 508,604 shares of the company's stock, valued at approximately $5,762,000. CNH GLOBAL N V Foreign makes up approximately 2.4% of Paradoxiom Capital L.P.'s portfolio, making the stock its 22nd largest holding.

Several other institutional investors have also recently made changes to their positions in CNH. GAMMA Investing LLC bought a new position in shares of CNH GLOBAL N V Foreign in the 4th quarter worth approximately $30,000. International Assets Investment Management LLC bought a new position in CNH GLOBAL N V Foreign during the 4th quarter valued at approximately $160,000. Wealth Enhancement Advisory Services LLC bought a new position in CNH GLOBAL N V Foreign during the 4th quarter valued at approximately $1,143,000. CHICAGO TRUST Co NA bought a new position in CNH GLOBAL N V Foreign during the 4th quarter valued at approximately $375,000. Finally, Pallas Capital Advisors LLC bought a new position in CNH GLOBAL N V Foreign during the 4th quarter valued at approximately $380,000. Institutional investors own 59.88% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CNH. Truist Financial reduced their price objective on CNH GLOBAL N V Foreign from $17.00 to $16.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. UBS Group raised their price objective on CNH GLOBAL N V Foreign from $13.00 to $16.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Oppenheimer reduced their price objective on CNH GLOBAL N V Foreign from $16.00 to $15.00 and set an "outperform" rating for the company in a research report on Tuesday, April 22nd. Northland Capmk raised CNH GLOBAL N V Foreign from a "hold" rating to a "strong-buy" rating in a report on Friday, April 11th. Finally, Baird R W lowered CNH GLOBAL N V Foreign from a "strong-buy" rating to a "hold" rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $14.75.

CNH GLOBAL N V Foreign Stock Performance

Shares of CNH stock traded up $0.30 on Friday, reaching $13.70. The stock had a trading volume of 23,135,412 shares, compared to its average volume of 13,040,953. The stock has a market cap of $17.11 billion, a P/E ratio of 13.30 and a beta of 1.50. CNH GLOBAL N V Foreign has a 1 year low of $9.28 and a 1 year high of $13.87. The company has a debt-to-equity ratio of 3.54, a quick ratio of 10.83 and a current ratio of 13.21. The company has a 50 day simple moving average of $12.10 and a 200 day simple moving average of $12.03.

CNH GLOBAL N V Foreign (NYSE:CNH - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $4.47 billion. CNH GLOBAL N V Foreign had a return on equity of 18.00% and a net margin of 6.62%. The firm's revenue for the quarter was down 20.5% on a year-over-year basis. Equities research analysts expect that CNH GLOBAL N V Foreign will post 0.7 EPS for the current year.

CNH GLOBAL N V Foreign Cuts Dividend

The company also recently declared an annual dividend, which will be paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st will be paid a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a dividend yield of 3.8%. CNH GLOBAL N V Foreign's dividend payout ratio (DPR) is currently 57.32%.

Insider Transactions at CNH GLOBAL N V Foreign

In related news, Director Suzanne Heywood sold 24,213 shares of CNH GLOBAL N V Foreign stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $11.64, for a total transaction of $281,839.32. Following the transaction, the director now directly owns 551,858 shares in the company, valued at approximately $6,423,627.12. The trade was a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kelly Manley sold 3,575 shares of CNH GLOBAL N V Foreign stock in a transaction on Friday, May 9th. The shares were sold at an average price of $12.70, for a total value of $45,402.50. Following the transaction, the insider now owns 161,473 shares in the company, valued at $2,050,707.10. This trade represents a 2.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 432,866 shares of company stock worth $5,081,828 in the last ninety days. Insiders own 1.00% of the company's stock.

CNH GLOBAL N V Foreign Profile

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.