World Asset Management Inc lessened its stake in CNH Industrial NV (NYSE:CNHI) by 40.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,884 shares of the company’s stock after selling 13,621 shares during the quarter. World Asset Management Inc’s holdings in CNH Industrial were worth $183,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Greenleaf Trust raised its stake in CNH Industrial by 34.6% in the 3rd quarter. Greenleaf Trust now owns 19,290 shares of the company’s stock valued at $232,000 after acquiring an additional 4,962 shares during the period. Quadrant Capital Group LLC bought a new stake in CNH Industrial in the 4th quarter valued at $73,000. Advisors Asset Management Inc. raised its stake in CNH Industrial by 18.0% in the 2nd quarter. Advisors Asset Management Inc. now owns 64,455 shares of the company’s stock valued at $679,000 after acquiring an additional 9,832 shares during the period. LPL Financial LLC raised its stake in CNH Industrial by 43.4% in the 3rd quarter. LPL Financial LLC now owns 33,437 shares of the company’s stock valued at $402,000 after acquiring an additional 10,118 shares during the period. Finally, Oppenheimer Asset Management Inc. bought a new stake in CNH Industrial in the 3rd quarter valued at $123,000. 18.80% of the stock is owned by institutional investors.

CNHI stock opened at $10.32 on Friday. The company has a current ratio of 5.51, a quick ratio of 4.21 and a debt-to-equity ratio of 5.06. The firm has a market cap of $14.04 billion, a price-to-earnings ratio of 13.04 and a beta of 1.09. CNH Industrial NV has a fifty-two week low of $8.41 and a fifty-two week high of $14.50.

CNH Industrial (NYSE:CNHI) last posted its quarterly earnings data on Thursday, February 7th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.06. The firm had revenue of $8.20 billion for the quarter, compared to analysts’ expectations of $8.31 billion. CNH Industrial had a return on equity of 24.48% and a net margin of 3.60%. The company’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter last year, the business earned $0.14 EPS. As a group, equities analysts expect that CNH Industrial NV will post 0.86 EPS for the current fiscal year.

CNHI has been the topic of a number of research analyst reports. ValuEngine cut CNH Industrial from a “hold” rating to a “sell” rating in a research note on Thursday, October 18th. OTR Global upgraded CNH Industrial to a “positive” rating in a research note on Friday, January 18th. Deutsche Bank cut CNH Industrial from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $12.00 to $8.00 in a research report on Wednesday, January 9th. Bank of America cut CNH Industrial from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $14.00 to $12.50 in a research report on Wednesday, October 17th. Finally, Zacks Investment Research cut CNH Industrial from a “hold” rating to a “sell” rating in a research report on Monday, January 14th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. CNH Industrial presently has an average rating of “Hold” and a consensus target price of $13.36.

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About CNH Industrial

CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, and buses worldwide. The company operates in five segments: Agricultural Equipment, Construction Equipment, Commercial Vehicles, Powertrain, and Financial Services.

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

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