CNH Industrial NV (NYSE:CNHI) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 7,810,400 shares, an increase of 10.1% from the June 30th total of 7,092,300 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average trading volume of 1,710,000 shares, the short-interest ratio is presently 4.6 days.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAM Holding AG purchased a new position in shares of CNH Industrial during the 1st quarter valued at $4,695,000. Acadian Asset Management LLC purchased a new stake in CNH Industrial in the 1st quarter worth $1,258,000. Wetherby Asset Management Inc. lifted its stake in CNH Industrial by 7.5% in the 1st quarter. Wetherby Asset Management Inc. now owns 29,837 shares of the company’s stock worth $304,000 after purchasing an additional 2,071 shares in the last quarter. Swiss National Bank lifted its stake in CNH Industrial by 3.8% in the 1st quarter. Swiss National Bank now owns 4,776,669 shares of the company’s stock worth $48,606,000 after purchasing an additional 174,928 shares in the last quarter. Finally, Zeke Capital Advisors LLC purchased a new stake in CNH Industrial in the 1st quarter worth $1,285,000. Institutional investors own 20.86% of the company’s stock.

CNHI has been the subject of a number of recent research reports. ValuEngine downgraded shares of CNH Industrial from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. TheStreet upgraded shares of CNH Industrial from a “c” rating to a “b” rating in a research note on Wednesday, May 15th. Deutsche Bank upgraded shares of CNH Industrial from a “sell” rating to a “hold” rating and set a $10.00 target price on the stock in a research note on Tuesday, June 18th. Finally, Zacks Investment Research cut shares of CNH Industrial from a “buy” rating to a “hold” rating in a research note on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. CNH Industrial presently has a consensus rating of “Hold” and an average target price of $11.50.

Shares of CNHI traded down $0.39 during trading hours on Wednesday, reaching $8.64. 47,110 shares of the stock traded hands, compared to its average volume of 1,636,757. The company has a debt-to-equity ratio of 4.44, a quick ratio of 4.01 and a current ratio of 5.34. CNH Industrial has a 52-week low of $8.41 and a 52-week high of $12.68. The company’s 50-day simple moving average is $10.11. The company has a market capitalization of $12.37 billion, a P/E ratio of 10.88 and a beta of 1.35.

CNH Industrial (NYSE:CNHI) last released its earnings results on Thursday, August 1st. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. CNH Industrial had a net margin of 3.97% and a return on equity of 22.56%. 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 company earned $0.28 EPS. CNH Industrial’s revenue for the quarter was down 5.9% on a year-over-year basis. Equities research analysts expect that CNH Industrial will post 0.85 earnings per share for the current fiscal year.

CNH Industrial Company 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.

See Also: What is meant by a buy rating?

Receive News & Ratings for CNH Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNH Industrial and related companies with MarketBeat.com's FREE daily email newsletter.