Rhumbline Advisers increased its holdings in shares of Diebold Nixdorf Inc (NYSE:DBD) by 1.3% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 224,263 shares of the technology company’s stock after purchasing an additional 2,845 shares during the quarter. Rhumbline Advisers owned 0.29% of Diebold Nixdorf worth $2,483,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of DBD. BlackRock Inc. boosted its position in Diebold Nixdorf by 3.1% during the 4th quarter. BlackRock Inc. now owns 11,339,245 shares of the technology company’s stock worth $28,234,000 after acquiring an additional 345,399 shares during the last quarter. Prescott Group Capital Management L.L.C. boosted its position in Diebold Nixdorf by 67.2% during the 4th quarter. Prescott Group Capital Management L.L.C. now owns 5,707,679 shares of the technology company’s stock worth $14,212,000 after acquiring an additional 2,293,288 shares during the last quarter. Sapience Investments LLC boosted its position in Diebold Nixdorf by 29.9% during the 4th quarter. Sapience Investments LLC now owns 5,685,835 shares of the technology company’s stock worth $14,158,000 after acquiring an additional 1,308,540 shares during the last quarter. Smith Graham & Co. Investment Advisors LP boosted its position in Diebold Nixdorf by 20.8% during the 4th quarter. Smith Graham & Co. Investment Advisors LP now owns 1,928,339 shares of the technology company’s stock worth $4,802,000 after acquiring an additional 331,890 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Diebold Nixdorf by 7.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 995,862 shares of the technology company’s stock worth $4,483,000 after acquiring an additional 71,625 shares during the last quarter. 88.02% of the stock is owned by institutional investors and hedge funds.
Several research firms have recently commented on DBD. ValuEngine downgraded Diebold Nixdorf from a “hold” rating to a “sell” rating in a report on Wednesday, May 1st. Zacks Investment Research cut Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $6.56.
Shares of DBD stock traded up $0.37 during mid-day trading on Wednesday, reaching $8.68. 664,085 shares of the stock traded hands, compared to its average volume of 1,910,544. The business has a fifty day moving average price of $9.38. Diebold Nixdorf Inc has a 1-year low of $2.41 and a 1-year high of $13.49. The stock has a market capitalization of $648.72 million, a P/E ratio of -8.43 and a beta of 2.77. The company has a debt-to-equity ratio of 102.95, a quick ratio of 0.89 and a current ratio of 1.29.
Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Tuesday, April 30th. The technology company reported ($0.63) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.35) by ($0.28). The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.04 billion. Diebold Nixdorf had a negative net margin of 13.37% and a negative return on equity of 53.21%. The business’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.12) earnings per share. Equities research analysts expect that Diebold Nixdorf Inc will post -0.01 EPS for the current fiscal year.
In other Diebold Nixdorf news, Director Gary G. Greenfield bought 5,000 shares of the stock in a transaction on Thursday, June 13th. The stock was acquired at an average cost of $9.13 per share, for a total transaction of $45,650.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Olaf Robert Heyden bought 20,000 shares of the stock in a transaction on Thursday, May 2nd. The stock was acquired at an average price of $9.15 per share, with a total value of $183,000.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 65,000 shares of company stock worth $592,300. 0.92% of the stock is owned by insiders.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates through two segments, Banking and Retail. The Banking segment 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 Article: What is the Dividend Aristocrat Index?
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.