CNH Industrial NV (NYSE:CNHI) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lowered its position in CNH Industrial NV (NYSE:CNHI) by 11.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,703 shares of the company’s stock after selling 9,667 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in CNH Industrial were worth $748,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Barings LLC boosted its holdings in CNH Industrial by 9.8% in the second quarter. Barings LLC now owns 173,420 shares of the company’s stock valued at $1,783,000 after acquiring an additional 15,520 shares during the last quarter. Prudential PLC boosted its holdings in CNH Industrial by 15.1% in the second quarter. Prudential PLC now owns 413,535 shares of the company’s stock valued at $4,235,000 after acquiring an additional 54,292 shares during the last quarter. Amundi Pioneer Asset Management Inc. boosted its holdings in CNH Industrial by 12.9% in the second quarter. Amundi Pioneer Asset Management Inc. now owns 18,958,280 shares of the company’s stock valued at $194,891,000 after acquiring an additional 2,171,494 shares during the last quarter. Jane Street Group LLC boosted its holdings in CNH Industrial by 14.8% in the second quarter. Jane Street Group LLC now owns 238,457 shares of the company’s stock valued at $2,451,000 after acquiring an additional 30,780 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. boosted its holdings in CNH Industrial by 44.3% in the second quarter. D. E. Shaw & Co. Inc. now owns 690,072 shares of the company’s stock valued at $7,094,000 after acquiring an additional 211,710 shares during the last quarter. Hedge funds and other institutional investors own 20.02% of the company’s stock.

CNHI has been the topic of a number of recent research reports. ValuEngine cut CNH Industrial from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. 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 boosted 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, September 11th. Deutsche Bank upgraded 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. Finally, Morgan Stanley upgraded CNH Industrial from an “equal weight” rating to an “overweight” rating in a research note on Monday, August 19th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. CNH Industrial presently has an average rating of “Hold” and an average target price of $11.70.

Shares of CNHI opened at $10.80 on Wednesday. The stock’s 50-day moving average is $10.37 and its two-hundred day moving average is $10.06. The stock has a market cap of $14.53 billion, a PE ratio of 12.48 and a beta of 1.35. CNH Industrial NV has a 12 month low of $8.41 and a 12 month high of $11.99. The company has a debt-to-equity ratio of 4.44, a current ratio of 5.34 and a quick ratio of 4.01.

CNH Industrial (NYSE:CNHI) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.31 EPS for the quarter, topping the Zacks’ 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 company had revenue of $7.57 billion for the quarter, compared to analysts’ expectations of $7.80 billion. During the same quarter in the previous year, the firm posted $0.28 earnings per share. The firm’s quarterly revenue was down 5.9% on a year-over-year basis. On average, research analysts anticipate that CNH Industrial NV will post 0.85 earnings per share for the current year.

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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