2 days Ago By ABMN Staff
Geode Capital Management LLC cut its holdings in Diebold Nixdorf, Incorporated ( NYSE:DBD – Free Report ) by 0.4% during the fourth quarter, HoldingsChannel reports. The firm owned 715,290 shares of the technology company’s stock after selling 2,999 shares during the period.
Geode Capital Management LLC’s holdings in Diebold Nixdorf were worth $30,795,000 as of its most recent filing with the SEC. Several other hedge funds have also recently added to or reduced their stakes in the business. William Blair Investment Management LLC grew its position in Diebold Nixdorf by 38.
1% during the fourth quarter. William Blair Investment Management LLC now owns 1,272,763 shares of the technology company’s stock worth $54,780,000 after buying an additional 350,808 shares in the last quarter. State Street Corp raised its stake in shares of Diebold Nixdorf by 21.
6% in the third quarter. State Street Corp now owns 505,002 shares of the technology company’s stock valued at $22,553,000 after purchasing an additional 89,840 shares in the last quarter. Skylands Capital LLC boosted its stake in Diebold Nixdorf by 57.
5% during the fourth quarter. Skylands Capital LLC now owns 446,625 shares of the technology company’s stock worth $19,223,000 after buying an additional 162,975 shares in the last quarter. Charles Schwab Investment Management Inc.
increased its holdings in Diebold Nixdorf by 0.9% in the 4th quarter. Charles Schwab Investment Management Inc.
now owns 281,658 shares of the technology company’s stock valued at $12,123,000 after buying an additional 2,565 shares during the period. Finally, Royce & Associates LP raised its stake in shares of Diebold Nixdorf by 39.2% in the 4th quarter.
Royce & Associates LP now owns 246,268 shares of the technology company’s stock valued at $10,599,000 after buying an additional 69,360 shares in the last quarter. Institutional investors own 97.04% of the company’s stock.
Insider Buying and Selling In other Diebold Nixdorf news, Director Emanuel R. Pearlman sold 2,000 shares of the business’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $43.
68, for a total value of $87,360.00. Following the completion of the transaction, the director now directly owns 40,000 shares of the company’s stock, valued at approximately $1,747,200.
The trade was a 4.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink .
0.26% of the stock is owned by corporate insiders. Diebold Nixdorf Stock Performance Diebold Nixdorf ( NYSE:DBD – Get Free Report ) last issued its quarterly earnings data on Wednesday, February 12th.
The technology company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.
25). Diebold Nixdorf had a negative net margin of 0.44% and a positive return on equity of 14.
28%. On average, equities analysts forecast that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current fiscal year.
Diebold Nixdorf declared that its board has authorized a stock repurchase program on Wednesday, February 12th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the technology company to buy up to 5.
7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued. Analyst Upgrades and Downgrades A number of research analysts have commented on DBD shares.
StockNews.com cut shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th. CJS Securities raised Diebold Nixdorf to a “strong-buy” rating in a research note on Tuesday, April 1st.
Wedbush reiterated an “outperform” rating and issued a $60.00 price target on shares of Diebold Nixdorf in a research report on Thursday, February 13th. Finally, DA Davidson lifted their price objective on Diebold Nixdorf from $65.
00 to $80.00 and gave the company a “buy” rating in a report on Thursday, February 27th. Read Our Latest Stock Analysis on DBD Diebold Nixdorf Company Profile ( Free Report ) Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide.
It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics. Recommended Stories Want to see what other hedge funds are holding DBD? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Diebold Nixdorf, Incorporated ( NYSE:DBD – Free Report ). Receive News & Ratings for Diebold Nixdorf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diebold Nixdorf and related companies with MarketBeat.com's FREE daily email newsletter .
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