Voya Investment Management LLC lowered its stake in shares of CNH Industrial NV (NYSE:CNHI) by 6.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 426,068 shares of the company’s stock after selling 27,545 shares during the quarter. Voya Investment Management LLC’s holdings in CNH Industrial were worth $4,525,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Amundi Pioneer Asset Management Inc. boosted its stake in shares of CNH Industrial by 68.1% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 16,985,512 shares of the company’s stock valued at $210,620,000 after purchasing an additional 6,878,364 shares during the last quarter. Gamco Investors INC. ET AL boosted its stake in shares of CNH Industrial by 5.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 11,522,773 shares of the company’s stock valued at $121,335,000 after purchasing an additional 583,833 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of CNH Industrial by 308.6% in the 1st quarter. JPMorgan Chase & Co. now owns 6,749,007 shares of the company’s stock valued at $83,688,000 after purchasing an additional 5,097,463 shares during the last quarter. Gabelli Funds LLC boosted its stake in shares of CNH Industrial by 3.5% in the 2nd quarter. Gabelli Funds LLC now owns 5,709,454 shares of the company’s stock valued at $60,121,000 after purchasing an additional 192,700 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of CNH Industrial by 175.3% in the 1st quarter. Barclays PLC now owns 5,157,473 shares of the company’s stock valued at $63,953,000 after purchasing an additional 3,284,120 shares during the last quarter. 18.89% of the stock is currently owned by hedge funds and other institutional investors.

CNHI has been the topic of several recent research reports. ValuEngine raised shares of CNH Industrial from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 25th. Deutsche Bank initiated coverage on shares of CNH Industrial in a research note on Wednesday, September 5th. They issued a “hold” rating and a $158.00 target price on the stock. Zacks Investment Research lowered shares of CNH Industrial from a “hold” rating to a “strong sell” rating in a research note on Monday, July 16th. Bank of America reduced their target price on shares of CNH Industrial from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Monday, July 30th. Finally, Seaport Global Securities reaffirmed a “buy” rating and issued a $15.00 target price on shares of CNH Industrial in a research note on Monday, July 23rd. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $28.85.

CNH Industrial stock opened at $12.38 on Thursday. CNH Industrial NV has a fifty-two week low of $10.09 and a fifty-two week high of $15.65. The company has a market cap of $16.95 billion, a P/E ratio of 18.57 and a beta of 1.06. The company has a debt-to-equity ratio of 5.32, a quick ratio of 3.92 and a current ratio of 5.06.

CNH Industrial (NYSE:CNHI) last released its quarterly earnings data on Thursday, July 26th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.07. CNH Industrial had a net margin of 2.03% and a return on equity of 20.95%. The business had revenue of $8.05 billion for the quarter, compared to analyst estimates of $7.50 billion. During the same quarter last year, the firm earned $0.19 EPS. CNH Industrial’s quarterly revenue was up 14.9% compared to the same quarter last year. analysts expect that CNH Industrial NV will post 0.73 EPS for the current fiscal year.

CNH Industrial Company Profile

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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