Rhumbline Advisers increased its holdings in shares of Diebold Nixdorf Inc (NYSE:DBD) by 4.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 237,706 shares of the technology company’s stock after buying an additional 9,675 shares during the period. Rhumbline Advisers owned 0.31% of Diebold Nixdorf worth $2,662,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Prudential Financial Inc. boosted its holdings in shares of Diebold Nixdorf by 34.2% in the second quarter. Prudential Financial Inc. now owns 2,476,405 shares of the technology company’s stock valued at $22,684,000 after buying an additional 630,472 shares during the period. MUFG Securities EMEA plc acquired a new position in Diebold Nixdorf during the second quarter worth $5,255,000. Caisse DE Depot ET Placement DU Quebec acquired a new position in Diebold Nixdorf during the second quarter worth $3,885,000. Ancora Advisors LLC boosted its holdings in Diebold Nixdorf by 19.6% during the second quarter. Ancora Advisors LLC now owns 2,423,701 shares of the technology company’s stock worth $22,201,000 after purchasing an additional 397,705 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Diebold Nixdorf by 4.9% during the second quarter. Vanguard Group Inc. now owns 7,218,498 shares of the technology company’s stock worth $66,122,000 after purchasing an additional 338,397 shares during the last quarter. Hedge funds and other institutional investors own 88.33% of the company’s stock.
Several analysts have issued reports on DBD shares. Zacks Investment Research lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Monday, October 28th. ValuEngine lowered shares of Diebold Nixdorf from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 2nd. DA Davidson set a $17.00 price target on shares of Diebold Nixdorf and gave the stock a “buy” rating in a research report on Friday, July 26th. JPMorgan Chase & Co. raised shares of Diebold Nixdorf from an “underweight” rating to a “neutral” rating and set a $7.00 price target on the stock in a research report on Friday, November 1st. Finally, Sidoti started coverage on shares of Diebold Nixdorf in a research report on Tuesday, September 17th. They set a “buy” rating and a $19.00 price target on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $13.50.
NYSE:DBD traded up $0.02 during mid-day trading on Tuesday, reaching $8.08. 14,059 shares of the company’s stock were exchanged, compared to its average volume of 1,723,004. Diebold Nixdorf Inc has a one year low of $2.41 and a one year high of $14.66. The firm has a market capitalization of $638.92 million, a PE ratio of -7.85 and a beta of 2.73. The business’s fifty day simple moving average is $9.49 and its two-hundred day simple moving average is $10.55.
Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings results on Tuesday, October 29th. The technology company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.30). The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. The business’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.61) earnings per share. As a group, analysts expect that Diebold Nixdorf Inc will post -0.21 earnings per share for the current fiscal year.
Diebold Nixdorf Profile
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.
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