Nuance Investments LLC Has $6.87 Million Stock Position in CNH Industrial N.V. $CNH

Nuance Investments LLC increased its position in shares of CNH Industrial N.V. (NYSE:CNH) by 11.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 633,272 shares of the company’s stock after acquiring an additional 62,507 shares during the quarter. Nuance Investments LLC owned 0.05% of CNH Industrial worth $6,871,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CNH. Quent Capital LLC acquired a new stake in CNH Industrial during the 3rd quarter valued at $27,000. Smartleaf Asset Management LLC boosted its position in shares of CNH Industrial by 77.6% in the third quarter. Smartleaf Asset Management LLC now owns 4,036 shares of the company’s stock worth $44,000 after buying an additional 1,763 shares during the period. Transamerica Financial Advisors LLC grew its holdings in shares of CNH Industrial by 923.2% during the second quarter. Transamerica Financial Advisors LLC now owns 3,653 shares of the company’s stock valued at $47,000 after buying an additional 3,296 shares in the last quarter. Advantage Trust Co acquired a new position in CNH Industrial during the second quarter valued at $54,000. Finally, Headlands Technologies LLC purchased a new stake in CNH Industrial in the 2nd quarter worth about $61,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

CNH Industrial Price Performance

NYSE CNH opened at $12.40 on Monday. The company has a quick ratio of 10.82, a current ratio of 13.01 and a debt-to-equity ratio of 3.49. The stock has a market capitalization of $15.46 billion, a PE ratio of 26.38 and a beta of 1.29. CNH Industrial N.V. has a 12-month low of $9.00 and a 12-month high of $14.27. The company has a 50 day moving average price of $10.15 and a two-hundred day moving average price of $10.75.

CNH Industrial (NYSE:CNH) last released its quarterly earnings results on Friday, November 7th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05). CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. The business had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same quarter in the prior year, the business posted $0.24 EPS. The firm’s revenue for the quarter was down 5.5% compared to the same quarter last year. As a group, equities analysts predict that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

Insider Buying and Selling at CNH Industrial

In related news, Director Howard W. Buffett acquired 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The shares were acquired at an average cost of $9.68 per share, with a total value of $58,080.00. Following the purchase, the director owned 29,303 shares of the company’s stock, valued at approximately $283,653.04. The trade was a 25.75% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Suzanne Heywood bought 52,522 shares of CNH Industrial stock in a transaction that occurred on Tuesday, November 18th. The stock was bought at an average price of $9.52 per share, with a total value of $500,009.44. Following the completion of the acquisition, the director owned 619,427 shares in the company, valued at approximately $5,896,945.04. The trade was a 9.26% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 73,007 shares of company stock worth $700,182 over the last three months. Corporate insiders own 0.23% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Cfra reaffirmed a “hold” rating and set a $11.00 target price on shares of CNH Industrial in a research note on Monday, November 10th. Truist Financial set a $12.00 price objective on shares of CNH Industrial in a research report on Wednesday, January 14th. Wall Street Zen lowered shares of CNH Industrial from a “hold” rating to a “sell” rating in a research note on Sunday. iA Financial set a $13.00 target price on shares of CNH Industrial in a research note on Wednesday, January 14th. Finally, Citigroup boosted their price target on shares of CNH Industrial from $11.00 to $12.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Eight analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $12.97.

CNH Industrial Profile

CNH Industrial N.V. is a global capital goods company specializing in the design, production and sale of agricultural and construction equipment, commercial vehicles and powertrain solutions. The firm operates through five core brands—Case IH and New Holland for agricultural machinery, Case and New Holland for construction equipment, Iveco for light, medium and heavy commercial vehicles, and FPT Industrial for engines and drivetrain components. Established in 2013 through the combination of Fiat Industrial and CNH Global, the company draws on a rich heritage of innovation dating back to pioneering landmarks in farm and construction machinery from the 19th century.

The company’s product portfolio encompasses tractors, combines, balers, excavators, backhoe loaders, trucks, vans and bespoke engines for marine, automotive and industrial markets.