Cnh Industrial N.V. (NYSE:CNHI).
Raymond James & Associates says it bought 39,051 shares in quarter ending 09/30/2017 increasing its stake in Cnh Industrial N.V. (CNHI) by 68.2%. Its stake was worth $1,156,000 an increase of $507,000 as of the end of the quarter.
Several firms have updated their holdings. Caisse DE Depot ET Placement DU Quebec expanded its stake by buying 20,259 shares an increase of 2.0%. Caisse DE Depot ET Placement DU Quebec now holds 1,026,276 shares with a value of $12,379,000. The total value of its holdings increased 9.1%. As of the end of the quarter AXA had acquired 83,060 shares growing its stake by 0.5%. The value of the company’s investment in Cnh Industrial N.V. increased from $178,877,000 to $189,777,000 increasing 6.1% quarter over quarter.
Edmond De Rothschild Holding S.a. trimmed its ownership by selling 2,466 shares a decrease of 7.1% in the quarter. Edmond De Rothschild Holding S.a. claims 32,264 shares worth $387,000. The value of the position overall is down by 1.5%.
October 9 investment analysts at Deutsche Bank AG made no change to the stock rating of “Buy” projecting a price of $13.20.
On July 28 Stifel Nicolaus held the stock rating at “Hold” targeting a price of $12.00. July 27 investment analysts at Deutsche Bank AG made no change to the company rating of “Hold” with a current price target of $12.81.
The company is down since yesterday’s close of 12.91. The company currently has a P/E ratio of 39.00 and the market cap is 16.95B. In the latest earnings report the EPS was $0.32 with 1.36B shares presently outstanding.
Traders are more bullish on Cnh Industrial N.V. lately looking at the motion in short interest. The firm had a fall in short interest of -8.58% as of the latest report on October 31, 2017. Short shares decreased from 9,041,211 to 8,265,458 over that timeframe. Days to cover decreased from 8.0 to 5.0 and the short interest percentage is 0.01% as of October 31.