1 week Ago By ABMN Staff
Vanguard Group Inc. reduced its stake in Diebold Nixdorf, Incorporated ( NYSE:DBD – Free Report ) by 1.6% during the fourth quarter, HoldingsChannel reports.
The firm owned 1,857,628 shares of the technology company’s stock after selling 29,370 shares during the period. Vanguard Group Inc.’s holdings in Diebold Nixdorf were worth $79,952,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of the stock. William Blair Investment Management LLC raised its position in shares of Diebold Nixdorf by 38.1% during the 4th quarter.
William Blair Investment Management LLC now owns 1,272,763 shares of the technology company’s stock valued at $54,780,000 after buying an additional 350,808 shares in the last quarter. Skylands Capital LLC raised its position in Diebold Nixdorf by 57.5% during the fourth quarter.
Skylands Capital LLC now owns 446,625 shares of the technology company’s stock valued at $19,223,000 after purchasing an additional 162,975 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its stake in Diebold Nixdorf by 460.1% during the fourth quarter.
Thompson Siegel & Walmsley LLC now owns 120,787 shares of the technology company’s stock worth $5,199,000 after purchasing an additional 99,220 shares during the last quarter. State Street Corp boosted its holdings in shares of Diebold Nixdorf by 21.6% in the 3rd quarter.
State Street Corp now owns 505,002 shares of the technology company’s stock worth $22,553,000 after purchasing an additional 89,840 shares in the last quarter. Finally, Royce & Associates LP boosted its stake in Diebold Nixdorf by 39.2% in the fourth quarter.
Royce & Associates LP now owns 246,268 shares of the technology company’s stock worth $10,599,000 after buying an additional 69,360 shares in the last quarter. 97.04% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets A number of research analysts have recently issued reports on DBD shares. DA Davidson raised their price objective on Diebold Nixdorf from $65.00 to $80.
00 and gave the company a “buy” rating in a research note on Thursday, February 27th. CJS Securities raised Diebold Nixdorf to a “strong-buy” rating in a research note on Tuesday, April 1st. Wedbush restated an “outperform” rating and issued a $60.
00 price objective on shares of Diebold Nixdorf in a report on Thursday, February 13th. Finally, StockNews.com lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th.
Diebold Nixdorf Price Performance DBD opened at $40.50 on Friday. Diebold Nixdorf, Incorporated has a 12-month low of $30.
37 and a 12-month high of $51.81. The company has a market cap of $1.
52 billion, a price-to-earnings ratio of -92.04 and a beta of 1.73.
The stock has a fifty day simple moving average of $43.18 and a two-hundred day simple moving average of $44.03.
The company has a current ratio of 1.32, a quick ratio of 0.90 and a debt-to-equity ratio of 0.
99. Diebold Nixdorf ( NYSE:DBD – Get Free Report ) last announced its earnings results on Wednesday, February 12th. The technology company reported $0.
97 earnings per share for the quarter, missing analysts’ consensus estimates 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%.
Research analysts predict 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 buyback program on Wednesday, February 12th that allows the company to repurchase $100.
00 million in shares. This repurchase authorization allows the technology company to buy up to 5.7% of its stock through open market purchases.
Stock repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued. Insider Activity In related news, Director Emanuel R. Pearlman sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, February 28th.
The shares were sold at an average price of $43.68, for a total transaction of $87,360.00.
Following the completion of the sale, the director now owns 40,000 shares of the company’s stock, valued at $1,747,200. This trade represents a 4.76 % decrease in their ownership of the stock.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Corporate insiders own 0.26% of the company’s stock.
Diebold Nixdorf 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.
Featured Articles 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.
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