Neuburgh Advisers LLC lifted its holdings in shares of CNH Industrial NV (NYSE:CNHI) by 17.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,216 shares of the company’s stock after purchasing an additional 1,392 shares during the quarter. Neuburgh Advisers LLC’s holdings in CNH Industrial were worth $95,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Riverhead Capital Management LLC grew its holdings in shares of CNH Industrial by 18.6% during 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 in the last quarter. Janney Montgomery Scott LLC bought a new stake in CNH Industrial in the second quarter valued at approximately $125,000. Campbell & CO Investment Adviser LLC bought a new stake in CNH Industrial in the second quarter valued at approximately $126,000. BNP Paribas Arbitrage SA bought a new stake in CNH Industrial in the first quarter valued at approximately $146,000. Finally, Greenleaf Trust lifted its position in CNH Industrial by 13.0% in the second quarter. Greenleaf Trust now owns 14,571 shares of the company’s stock valued at $150,000 after purchasing an additional 1,680 shares during the last quarter. 18.86% of the stock is owned by institutional investors.

Shares of CNH Industrial stock traded up $0.17 during midday trading on Friday, reaching $11.21. 98,831 shares of the company’s stock traded hands, compared to its average volume of 2,057,522. The company has a debt-to-equity ratio of 4.44, a quick ratio of 4.01 and a current ratio of 5.34. The company has a market cap of $14.61 billion, a PE ratio of 14.03 and a beta of 1.38. The stock has a 50 day moving average of $9.74 and a 200-day moving average of $10.09. CNH Industrial NV has a 12 month low of $8.41 and a 12 month high of $12.68.

CNH Industrial (NYSE:CNHI) last announced its earnings results on Thursday, August 1st. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. The company had revenue of $7.57 billion during the quarter, compared to the consensus estimate of $7.80 billion. CNH Industrial had a return on equity of 22.56% and a net margin of 3.97%. The firm’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.28 earnings per share. On average, equities analysts anticipate that CNH Industrial NV will post 0.85 earnings per share for the current fiscal year.

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

CNH Industrial 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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