Neuburgh Advisers LLC boosted its position in CNH Industrial NV (NYSE:CNHI) by 17.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 9,216 shares of the company’s stock after purchasing an additional 1,392 shares during the period. Neuburgh Advisers LLC’s holdings in CNH Industrial were worth $95,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in CNHI. Riverhead Capital Management LLC boosted its position in CNH Industrial by 18.6% in the second quarter. Riverhead Capital Management LLC now owns 10,200 shares of the company’s stock worth $105,000 after purchasing an additional 1,600 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in CNH Industrial in the second quarter worth about $125,000. Campbell & CO Investment Adviser LLC purchased a new position in CNH Industrial in the second quarter worth about $126,000. BNP Paribas Arbitrage SA purchased a new position in CNH Industrial in the first quarter worth about $146,000. Finally, Greenleaf Trust boosted its position in CNH Industrial by 13.0% in the second quarter. Greenleaf Trust now owns 14,571 shares of the company’s stock worth $150,000 after purchasing an additional 1,680 shares during the last quarter. 18.86% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have issued reports on the company. Morgan Stanley raised CNH Industrial from an “equal weight” rating to an “overweight” rating in a research report on Monday, August 19th. Deutsche Bank raised CNH Industrial from a “sell” rating to a “hold” rating and set a $10.00 price objective on the stock in a research note on Tuesday, June 18th. Stephens set a $10.00 price objective on CNH Industrial and gave the stock a “hold” rating in a research note on Thursday, August 29th. UBS Group raised their price objective on CNH Industrial from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, ValuEngine downgraded CNH Industrial from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $11.70.

Shares of NYSE CNHI traded up $0.17 during trading on Friday, hitting $11.21. The company had a trading volume of 98,831 shares, compared to its average volume of 2,057,522. The stock has a 50 day simple moving average of $9.74 and a 200 day simple moving average of $10.09. The company has a debt-to-equity ratio of 4.44, a quick ratio of 4.01 and a current ratio of 5.34. CNH Industrial NV has a 12 month low of $8.41 and a 12 month high of $12.68. The firm has a market capitalization of $14.61 billion, a P/E ratio of 14.03 and a beta of 1.38.

CNH Industrial (NYSE:CNHI) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.29 by $0.02. CNH Industrial had a return on equity of 22.56% and a net margin of 3.97%. The firm had revenue of $7.57 billion for the quarter, compared to the consensus estimate of $7.80 billion. During the same quarter last year, the company earned $0.28 earnings per share. The business’s revenue for the quarter was down 5.9% compared to the same quarter last year. As a group, analysts predict that CNH Industrial NV will post 0.85 EPS for the current year.

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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