Diebold, Incorporated (DBD) Stake Raised by Voya Investment Management LLC
Voya Investment Management LLC lifted its holdings in shares of Diebold, Incorporated (NYSE:DBD) by 21.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 823,485 shares of the technology company’s stock after purchasing an additional 147,490 shares during the period. Voya Investment Management LLC owned about 1.09% of Diebold, worth $23,058,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Morgan Stanley boosted its holdings in shares of Diebold, by 3.6% in the 1st quarter. Morgan Stanley now owns 453,389 shares of the technology company’s stock worth $13,919,000 after buying an additional 15,565 shares during the last quarter. BlackRock Inc. grew its position in Diebold, by 19,292.0% during the first quarter. BlackRock Inc. now owns 8,046,515 shares of the technology company’s stock valued at $247,027,000 after buying an additional 8,005,021 shares during the period. Legato Capital Management LLC bought a new position in Diebold, during the second quarter valued at about $2,099,000. Schwab Charles Investment Management Inc. grew its position in Diebold, by 9.4% during the first quarter. Schwab Charles Investment Management Inc. now owns 480,823 shares of the technology company’s stock valued at $14,762,000 after buying an additional 41,258 shares during the period. Finally, Victory Capital Management Inc. grew its position in Diebold, by 50.5% during the second quarter. Victory Capital Management Inc. now owns 1,541,015 shares of the technology company’s stock valued at $43,148,000 after buying an additional 517,230 shares during the period.
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In related news, Director Gale S. Fitzgerald bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were bought at an average price of $18.14 per share, for a total transaction of $90,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Olaf Robert Heyden bought 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 26th. The stock was bought at an average price of $23.28 per share, for a total transaction of $46,560.00. The disclosure for this purchase can be found here. Insiders have bought 23,000 shares of company stock valued at $460,940 over the last three months. 1.37% of the stock is owned by corporate insiders.
Diebold, Incorporated (DBD) opened at 22.85 on Monday. The stock’s 50 day moving average price is $20.63 and its 200 day moving average price is $25.38. Diebold, Incorporated has a 1-year low of $17.95 and a 1-year high of $31.85. The company’s market cap is $1.73 billion.
Diebold, (NYSE:DBD) last announced its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. Diebold, had a negative net margin of 6.04% and a positive return on equity of 7.25%. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the firm posted $0.43 EPS. The business’s quarterly revenue was up 95.5% compared to the same quarter last year. On average, equities analysts anticipate that Diebold, Incorporated will post $0.97 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $0.40 annualized dividend and a dividend yield of 1.75%. Diebold,’s payout ratio is -10.90%.
DBD has been the topic of several research reports. Zacks Investment Research lowered shares of Diebold, from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. J P Morgan Chase & Co cut shares of Diebold, from an “overweight” rating to a “neutral” rating and set a $31.00 target price on the stock. in a research note on Tuesday, August 8th. Credit Suisse Group reissued an “outperform” rating on shares of Diebold, in a research report on Tuesday, September 5th. BidaskClub downgraded shares of Diebold, from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Finally, Lake Street Capital decreased their price target on shares of Diebold, from $38.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, July 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Diebold, currently has a consensus rating of “Hold” and a consensus price target of $30.60.
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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