Tudor Investment Corp ET AL Purchases Shares of 62,798 CNH GLOBAL N V Foreign (NYSE:CNH)

Tudor Investment Corp ET AL acquired a new stake in CNH GLOBAL N V Foreign (NYSE:CNH - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 62,798 shares of the company's stock, valued at approximately $712,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CNH. EverSource Wealth Advisors LLC purchased a new stake in CNH GLOBAL N V Foreign in the 4th quarter worth $25,000. Quent Capital LLC acquired a new stake in shares of CNH GLOBAL N V Foreign in the fourth quarter valued at about $26,000. Anchor Investment Management LLC purchased a new stake in shares of CNH GLOBAL N V Foreign during the fourth quarter worth about $26,000. Principal Securities Inc. acquired a new position in shares of CNH GLOBAL N V Foreign during the 4th quarter worth about $27,000. Finally, Farther Finance Advisors LLC purchased a new position in CNH GLOBAL N V Foreign in the 4th quarter valued at about $27,000. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Gerrit A. Marx sold 320,472 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 value of $3,730,294.08. Following the completion of the transaction, the chief executive officer now directly owns 375,136 shares in the company, valued at approximately $4,366,583.04. This trade represents a 46.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Stefano Pampalone sold 12,935 shares of the company's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $11.64, for a total value of $150,563.40. Following the sale, the insider now owns 417,384 shares in the company, valued at approximately $4,858,349.76. This trade represents a 3.01 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 392,620 shares of company stock valued at $4,570,097 in the last ninety days. Company insiders own 1.00% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on CNH shares. Morgan Stanley reduced their target price on CNH GLOBAL N V Foreign from $16.50 to $15.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. JPMorgan Chase & Co. increased their price objective on CNH GLOBAL N V Foreign from $12.00 to $13.00 and gave the company a "neutral" rating in a research note on Wednesday, January 15th. Evercore ISI lifted their target price on shares of CNH GLOBAL N V Foreign from $11.00 to $13.00 and gave the stock an "in-line" rating in a research note on Wednesday, February 19th. UBS Group increased their target price on shares of CNH GLOBAL N V Foreign from $13.00 to $16.00 and gave the company a "buy" rating in a research report on Friday. Finally, Northland Securities upgraded shares of CNH GLOBAL N V Foreign from a "market perform" rating to an "outperform" rating and set a $18.00 price target on the stock in a research report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $14.75.

CNH GLOBAL N V Foreign Trading Up 1.3 %

Shares of NYSE CNH traded up $0.16 during mid-day trading on Friday, reaching $12.77. 12,000,123 shares of the company's stock were exchanged, compared to its average volume of 12,890,643. 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 firm has a market capitalization of $15.96 billion, a price-to-earnings ratio of 12.40 and a beta of 1.50. The company's 50-day moving average is $12.05 and its 200-day moving average is $11.96. CNH GLOBAL N V Foreign has a 52-week low of $9.28 and a 52-week high of $13.87.

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 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The company had revenue of $3.83 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. Analysts expect that CNH GLOBAL N V Foreign will post 0.7 EPS for the current fiscal year.

CNH GLOBAL N V Foreign Cuts Dividend

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

CNH GLOBAL N V Foreign Company 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.