Diebold Nixdorf (NYSE:DBD) Hits New 52-Week High at $41.52

Diebold Nixdorf, Incorporated (NYSE:DBD) reached a new 52-week high on Thursday . The company traded as high as $41.52 and last traded at $40.91, with a volume of 85459 shares. The stock had previously closed at $40.64.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. StockNews.com lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research note on Thursday, April 18th. Wedbush upgraded shares of Diebold Nixdorf from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $40.00 to $50.00 in a report on Friday, May 3rd.

Diebold Nixdorf Stock Up 0.9 %

The company has a market capitalization of $1.54 billion and a PE ratio of 7.28. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.94 and a current ratio of 1.39. The firm has a fifty day simple moving average of $33.98 and a 200-day simple moving average of $29.69.

Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings results on Wednesday, February 14th. The technology company reported $3.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $1.63. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. Equities research analysts anticipate that Diebold Nixdorf, Incorporated will post 3.94 EPS for the current fiscal year.

Insider Transactions at Diebold Nixdorf

In other news, Director Marjorie L. Bowen acquired 2,290 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was purchased at an average cost of $33.98 per share, with a total value of $77,814.20. Following the completion of the acquisition, the director now directly owns 42,290 shares in the company, valued at $1,437,014.20. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Diebold Nixdorf news, Director Marjorie L. Bowen bought 2,290 shares of the stock in a transaction on Tuesday, February 20th. The stock was purchased at an average price of $33.98 per share, for a total transaction of $77,814.20. Following the completion of the purchase, the director now directly owns 42,290 shares in the company, valued at $1,437,014.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Octavio Marquez bought 1,000 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were acquired at an average cost of $34.27 per share, for a total transaction of $34,270.00. Following the completion of the acquisition, the chief executive officer now directly owns 133,661 shares of the company’s stock, valued at approximately $4,580,562.47. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 8,003 shares of company stock valued at $297,772 and have sold 458,315 shares valued at $15,559,766. Corporate insiders own 0.04% of the company’s stock.

Hedge Funds Weigh In On Diebold Nixdorf

A number of hedge funds and other institutional investors have recently bought and sold shares of DBD. Tower Research Capital LLC TRC acquired a new position in Diebold Nixdorf during the 4th quarter valued at approximately $46,000. Public Employees Retirement System of Ohio acquired a new position in shares of Diebold Nixdorf during the third quarter valued at $79,000. SG Americas Securities LLC bought a new position in shares of Diebold Nixdorf during the first quarter worth about $105,000. Citigroup Inc. acquired a new stake in shares of Diebold Nixdorf in the 3rd quarter worth about $135,000. Finally, Cannon Global Investment Management LLC acquired a new stake in shares of Diebold Nixdorf in the 1st quarter worth about $276,000. 97.04% of the stock is currently owned by institutional investors and hedge funds.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company 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.