Cipher Capital LP Sells 19,630 Shares of Diebold Nixdorf Inc (DBD)
Cipher Capital LP trimmed its holdings in shares of Diebold Nixdorf Inc (NYSE:DBD) by 40.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,657 shares of the technology company’s stock after selling 19,630 shares during the quarter. Cipher Capital LP’s holdings in Diebold Nixdorf were worth $654,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Teachers Advisors LLC boosted its position in shares of Diebold Nixdorf by 3.1% in the first quarter. Teachers Advisors LLC now owns 111,726 shares of the technology company’s stock worth $3,430,000 after purchasing an additional 3,309 shares during the period. KCG Holdings Inc. bought a new position in shares of Diebold Nixdorf in the first quarter worth approximately $242,000. Capstone Asset Management Co. boosted its position in shares of Diebold Nixdorf by 8.8% in the second quarter. Capstone Asset Management Co. now owns 9,252 shares of the technology company’s stock worth $259,000 after purchasing an additional 750 shares during the period. Creative Planning boosted its position in shares of Diebold Nixdorf by 2.3% in the second quarter. Creative Planning now owns 5,119 shares of the technology company’s stock worth $143,000 after purchasing an additional 116 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its position in shares of Diebold Nixdorf by 4.6% in the second quarter. Oregon Public Employees Retirement Fund now owns 27,444 shares of the technology company’s stock worth $768,000 after purchasing an additional 1,218 shares during the period.
In other Diebold Nixdorf news, SVP Alan Kerr purchased 2,750 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The shares were bought at an average price of $18.28 per share, with a total value of $50,270.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.37% of the stock is owned by corporate insiders.
A number of equities analysts have weighed in on DBD shares. BidaskClub lowered shares of Diebold Nixdorf from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. J P Morgan Chase & Co lowered shares of Diebold Nixdorf from an “overweight” rating to a “neutral” rating and set a $31.00 target price for the company. in a research report on Tuesday, August 8th. Credit Suisse Group restated an “outperform” rating on shares of Diebold Nixdorf in a research report on Tuesday, September 5th. Zacks Investment Research upgraded shares of Diebold Nixdorf from a “sell” rating to a “hold” rating in a research report on Tuesday, September 19th. Finally, Imperial Capital set a $24.00 target price on shares of Diebold Nixdorf and gave the stock a “hold” rating in a research report on Tuesday, October 17th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. Diebold Nixdorf presently has a consensus rating of “Hold” and a consensus price target of $26.75.
Shares of Diebold Nixdorf Inc (DBD) opened at $18.85 on Monday. The stock has a market cap of $1,420.00, a price-to-earnings ratio of 17.78 and a beta of 1.93. The company has a debt-to-equity ratio of 3.00, a quick ratio of 1.01 and a current ratio of 1.47. Diebold Nixdorf Inc has a 12 month low of $16.00 and a 12 month high of $31.85.
Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings results on Tuesday, October 31st. The technology company reported $0.58 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.40. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.17 billion. Diebold Nixdorf had a negative net margin of 4.40% and a positive return on equity of 11.39%. Diebold Nixdorf’s revenue was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.34 earnings per share. equities analysts forecast that Diebold Nixdorf Inc will post 1.09 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Friday, November 17th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Thursday, November 16th. Diebold Nixdorf’s payout ratio is -14.87%.
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Diebold Nixdorf Company Profile
Diebold Nixdorf, Incorporated provides connected commerce services, software and technology. The Company’s geographic segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). These segments sell and service financial self-service (FSS), retail solutions and security systems.
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