Commonwealth Bank of Australia lowered its stake in shares of CNH Industrial N.V. (NYSE:CNHI) by 46.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,601 shares of the company’s stock after selling 95,915 shares during the quarter. Commonwealth Bank of Australia’s holdings in CNH Industrial were worth $1,335,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in CNHI. KCG Holdings Inc. bought a new stake in CNH Industrial during the first quarter worth approximately $162,000. US Bancorp DE boosted its position in shares of CNH Industrial by 9.6% in the second quarter. US Bancorp DE now owns 15,949 shares of the company’s stock valued at $182,000 after acquiring an additional 1,395 shares during the period. Cigna Investments Inc. New bought a new stake in shares of CNH Industrial in the second quarter valued at approximately $167,000. Trexquant Investment LP boosted its position in shares of CNH Industrial by 44.6% in the second quarter. Trexquant Investment LP now owns 41,700 shares of the company’s stock valued at $475,000 after acquiring an additional 12,866 shares during the period. Finally, Canada Pension Plan Investment Board bought a new stake in shares of CNH Industrial in the second quarter valued at approximately $1,116,000. 18.18% of the stock is owned by hedge funds and other institutional investors.

CNH Industrial N.V. (NYSE CNHI) opened at $13.05 on Wednesday. The company has a debt-to-equity ratio of 5.73, a current ratio of 5.42 and a quick ratio of 4.18. The company has a market capitalization of $17,564.16, a price-to-earnings ratio of 26.83 and a beta of 0.86. CNH Industrial N.V. has a 12 month low of $8.40 and a 12 month high of $13.37.

CNH Industrial (NYSE:CNHI) last issued its earnings results on Tuesday, October 31st. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.03. The business had revenue of $6.63 billion during the quarter, compared to analyst estimates of $5.03 billion. CNH Industrial had a return on equity of 14.63% and a net margin of 1.66%. CNH Industrial’s revenue was up 15.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.05 earnings per share. research analysts predict that CNH Industrial N.V. will post 0.47 EPS for the current fiscal year.

Several equities research analysts have recently weighed in on the company. ValuEngine cut CNH Industrial from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research cut CNH Industrial from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th. Citigroup raised CNH Industrial from a “neutral” rating to a “buy” rating and increased their price objective for the company from $13.75 to $15.00 in a research report on Wednesday, November 29th. BidaskClub raised CNH Industrial from a “hold” rating to a “buy” rating in a research report on Wednesday, September 20th. Finally, Evercore ISI raised CNH Industrial from an “in-line” rating to an “outperform” rating in a research report on Monday, November 6th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $12.51.

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CNH Industrial Company Profile

CNH Industrial N.V. is a capital goods company. The Company is engaged in the design, production, marketing, sale and financing of agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense and other uses, as well as engines, transmissions and axles for vehicles and engines under marine and power generation applications.

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Institutional Ownership by Quarter for CNH Industrial (NYSE:CNHI)

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