Regents Gate Capital LLP Has $12.12 Million Stock Holdings in CNH Industrial N.V. $CNH

Regents Gate Capital LLP lifted its position in shares of CNH Industrial N.V. (NYSE:CNH) by 23,534.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 935,204 shares of the company’s stock after acquiring an additional 931,247 shares during the period. CNH Industrial accounts for 4.3% of Regents Gate Capital LLP’s portfolio, making the stock its 8th biggest holding. Regents Gate Capital LLP owned about 0.07% of CNH Industrial worth $12,120,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in shares of CNH Industrial by 186.0% during the first quarter. Vanguard Group Inc. now owns 90,704,159 shares of the company’s stock worth $1,113,847,000 after acquiring an additional 58,991,632 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of CNH Industrial by 1.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 21,001,755 shares of the company’s stock worth $257,719,000 after acquiring an additional 395,005 shares during the last quarter. Alliancebernstein L.P. grew its position in shares of CNH Industrial by 125.8% during the first quarter. Alliancebernstein L.P. now owns 18,220,662 shares of the company’s stock worth $223,750,000 after acquiring an additional 10,149,760 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of CNH Industrial by 3.3% during the first quarter. Dimensional Fund Advisors LP now owns 14,779,377 shares of the company’s stock worth $181,481,000 after acquiring an additional 471,610 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of CNH Industrial by 0.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,605,783 shares of the company’s stock worth $105,679,000 after acquiring an additional 36,343 shares during the last quarter. Institutional investors own 59.88% of the company’s stock.

Insider Buying and Selling at CNH Industrial

In other news, insider Francesco Vincenzo Mari Tutino sold 12,271 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $12.53, for a total transaction of $153,755.63. Following the completion of the transaction, the insider owned 14,940 shares in the company, valued at approximately $187,198.20. This trade represents a 45.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.00% of the company’s stock.

CNH Industrial Stock Performance

NYSE:CNH opened at $10.50 on Friday. CNH Industrial N.V. has a twelve month low of $9.87 and a twelve month high of $14.27. The company has a current ratio of 12.33, a quick ratio of 10.34 and a debt-to-equity ratio of 3.52. The company has a 50-day moving average of $10.94 and a 200-day moving average of $12.07. The firm has a market cap of $13.13 billion, a price-to-earnings ratio of 16.15 and a beta of 1.51.

CNH Industrial (NYSE:CNH) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The company had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.47 billion. During the same quarter last year, the firm posted $0.38 EPS. The business’s revenue for the quarter was down 14.2% on a year-over-year basis. Analysts forecast that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on CNH shares. JPMorgan Chase & Co. lowered their price target on shares of CNH Industrial from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Tuesday, September 2nd. Raymond James Financial decreased their target price on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a research report on Wednesday, October 22nd. Truist Financial decreased their target price on shares of CNH Industrial from $17.00 to $14.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Oppenheimer decreased their target price on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating for the company in a research report on Thursday, September 18th. Finally, Barclays decreased their target price on shares of CNH Industrial from $16.00 to $14.00 and set an “overweight” rating for the company in a research report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $14.65.

About CNH Industrial

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.