Shares of Diebold Nixdorf Inc (NYSE:DBD) fell 7.3% during mid-day trading on Friday . The company traded as low as $14.30 and last traded at $14.70. 2,986,237 shares traded hands during trading, an increase of 122% from the average session volume of 1,347,992 shares. The stock had previously closed at $15.85.

A number of brokerages have recently issued reports on DBD. Imperial Capital reiterated a “hold” rating on shares of Diebold Nixdorf in a research report on Wednesday, December 13th. Lake Street Capital downgraded Diebold Nixdorf from a “buy” rating to a “hold” rating and dropped their price target for the company from $30.00 to $23.00 in a research report on Tuesday, October 31st. JPMorgan Chase & Co. upgraded Diebold Nixdorf from a “neutral” rating to an “overweight” rating in a research report on Friday, November 24th. Zacks Investment Research downgraded Diebold Nixdorf from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 19th. Finally, DA Davidson assumed coverage on Diebold Nixdorf in a research report on Wednesday. They set a “neutral” rating and a $19.00 price target for the company. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. Diebold Nixdorf currently has a consensus rating of “Hold” and a consensus target price of $25.20.

The company has a market capitalization of $1,100.00, a PE ratio of -5.46 and a beta of 2.07. The company has a quick ratio of 1.01, a current ratio of 1.47 and a debt-to-equity ratio of 3.00.

Diebold Nixdorf (NYSE:DBD) last released its earnings results on Tuesday, October 31st. The technology company reported $0.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.40. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.17 billion. Diebold Nixdorf had a positive return on equity of 11.39% and a negative net margin of 4.40%. Diebold Nixdorf’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.34 EPS. equities analysts predict that Diebold Nixdorf Inc will post 1.09 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Monday, February 26th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, February 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 2.72%. Diebold Nixdorf’s payout ratio is -14.87%.

In other news, Director Gale S. Fitzgerald bought 4,000 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The stock was bought at an average price of $16.74 per share, for a total transaction of $66,960.00. Following the transaction, the director now directly owns 51,603 shares of the company’s stock, valued at approximately $863,834.22. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.37% of the company’s stock.

A number of institutional investors have recently made changes to their positions in DBD. Zions Bancorporation purchased a new position in Diebold Nixdorf in the 3rd quarter worth approximately $114,000. CENTRAL TRUST Co purchased a new position in Diebold Nixdorf in the 4th quarter worth approximately $128,000. Public Employees Retirement System of Ohio increased its stake in Diebold Nixdorf by 4.1% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 6,923 shares of the technology company’s stock worth $194,000 after purchasing an additional 271 shares during the period. Virtu KCG Holdings LLC increased its stake in Diebold Nixdorf by 2.3% in the 2nd quarter. Virtu KCG Holdings LLC now owns 8,053 shares of the technology company’s stock worth $225,000 after purchasing an additional 180 shares during the period. Finally, Creative Planning purchased a new position in Diebold Nixdorf in the 4th quarter worth approximately $226,000.

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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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