Diebold, Incorporated (NYSE:DBD) Position Raised by Creative Planning
Creative Planning raised its position in shares of Diebold, Incorporated (NYSE:DBD) by 2.3% during the second quarter, Holdings Channel reports. The firm owned 5,119 shares of the technology company’s stock after buying an additional 116 shares during the period. Creative Planning’s holdings in Diebold, were worth $143,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of DBD. Heartland Advisors Inc. acquired a new stake in shares of Diebold, during the first quarter worth $2,886,000. Kornitzer Capital Management Inc. KS acquired a new stake in shares of Diebold, during the first quarter worth $226,000. Oregon Public Employees Retirement Fund raised its stake in shares of Diebold, by 1.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 26,226 shares of the technology company’s stock worth $805,000 after buying an additional 400 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Diebold, by 35.8% in the first quarter. Russell Investments Group Ltd. now owns 1,623,596 shares of the technology company’s stock worth $49,844,000 after buying an additional 428,149 shares during the period. Finally, Court Place Advisors LLC raised its stake in shares of Diebold, by 10.5% in the first quarter. Court Place Advisors LLC now owns 14,775 shares of the technology company’s stock worth $454,000 after buying an additional 1,400 shares during the period.
Shares of Diebold, Incorporated (NYSE DBD) traded up 0.74% on Friday, hitting $20.55. The stock had a trading volume of 1,197,825 shares. Diebold, Incorporated has a 1-year low of $19.85 and a 1-year high of $31.85. The stock’s market cap is $1.55 billion. The firm’s 50-day moving average is $22.96 and its 200 day moving average is $26.97.
Diebold, (NYSE:DBD) last posted its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.06 by $0.02. The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Diebold, had a positive return on equity of 7.25% and a negative net margin of 6.04%. The company’s revenue for the quarter was up 95.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.43 EPS. Equities analysts forecast that Diebold, Incorporated will post $0.97 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $0.40 annualized dividend and a yield of 1.95%. Diebold,’s dividend payout ratio (DPR) is -10.90%.
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A number of brokerages have weighed in on DBD. Zacks Investment Research lowered Diebold, from a “hold” rating to a “sell” rating in a research note on Monday, May 8th. Feltl & Co. began coverage on Diebold, in a research note on Tuesday, April 18th. They set a “buy” rating for the company. Lake Street Capital began coverage on Diebold, in a research note on Monday, June 19th. They set a “buy” rating and a $38.00 price objective for the company. BidaskClub lowered Diebold, from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Finally, J P Morgan Chase & Co lowered Diebold, from an “overweight” rating to a “neutral” rating and set a $31.00 price objective for the company. in a research note on Tuesday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $30.60.
In other news, SVP Jonathan Leiken purchased 2,000 shares of the business’s stock in a transaction on Friday, July 28th. The stock was purchased at an average price of $22.97 per share, with a total value of $45,940.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. In the last ninety days, insiders acquired 8,000 shares of company stock valued at $179,440. Insiders own 1.37% of the company’s stock.
Diebold, 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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