CNH GLOBAL N V Foreign (NYSE:CNH) Shares Acquired by UMB Bank n.a.

UMB Bank n.a. lifted its holdings in shares of CNH GLOBAL N V Foreign (NYSE:CNH) by 92.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,033 shares of the company’s stock after acquiring an additional 4,827 shares during the quarter. UMB Bank n.a.’s holdings in CNH GLOBAL N V Foreign were worth $123,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in CNH. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of CNH GLOBAL N V Foreign during the 4th quarter valued at $177,000. State of Alaska Department of Revenue purchased a new stake in CNH GLOBAL N V Foreign during the 4th quarter worth $1,129,000. Empowered Funds LLC purchased a new stake in CNH GLOBAL N V Foreign during the 4th quarter worth $418,000. Savant Capital LLC purchased a new stake in CNH GLOBAL N V Foreign during the 4th quarter worth $936,000. Finally, Essex Financial Services Inc. purchased a new stake in CNH GLOBAL N V Foreign during the 4th quarter worth $157,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

CNH GLOBAL N V Foreign Trading Down 1.3%

NYSE CNH opened at $12.77 on Friday. CNH GLOBAL N V Foreign has a one year low of $9.28 and a one year high of $13.87. The company has a 50-day simple moving average of $12.26 and a 200-day simple moving average of $12.25. 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 PE ratio of 12.40 and a beta of 1.52.

CNH GLOBAL N V Foreign (NYSE:CNH) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.09 by $0.01. CNH GLOBAL N V Foreign had a net margin of 6.62% and a return on equity of 18.00%. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $4.47 billion. CNH GLOBAL N V Foreign’s revenue for the quarter was down 20.5% compared to the same quarter last year. On average, equities analysts forecast that CNH GLOBAL N V Foreign will post 0.7 earnings per share for the current year.

CNH GLOBAL N V Foreign Cuts Dividend

The firm also recently declared an annual dividend, which was paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st were issued a $0.25 dividend. This represents a dividend yield of 3.8%. The ex-dividend date was Wednesday, May 21st. CNH GLOBAL N V Foreign’s dividend payout ratio (DPR) is presently 57.32%.

Analyst Upgrades and Downgrades

CNH has been the topic of several analyst reports. Northland Securities raised 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 note on Friday, April 11th. Northland Capmk raised shares of CNH GLOBAL N V Foreign from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 11th. Wall Street Zen initiated coverage on shares of CNH GLOBAL N V Foreign in a research note on Wednesday, April 30th. They set a “sell” rating on the stock. Robert W. Baird reaffirmed a “neutral” rating and set a $15.00 price target (down previously from $16.00) on shares of CNH GLOBAL N V Foreign in a research note on Monday, March 3rd. Finally, Baird R W downgraded shares of CNH GLOBAL N V Foreign from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $15.08.

Insider Activity

In other CNH GLOBAL N V Foreign news, insider Kelly Manley sold 3,575 shares of the business’s stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $12.70, for a total transaction of $45,402.50. Following the completion of the transaction, the insider now directly owns 161,473 shares of the company’s stock, valued at $2,050,707.10. The trade was a 2.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Suzanne Heywood sold 11,053 shares of the business’s stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $12.70, for a total transaction of $140,373.10. Following the transaction, the director now directly owns 566,905 shares of the company’s stock, valued at $7,199,693.50. The trade was a 1.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 40,246 shares of company stock valued at $511,732. Company insiders own 0.23% of the company’s stock.

CNH GLOBAL N V Foreign 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.