Numeric Investors LLC Buys Shares of 56,400 Diebold, Incorporated (DBD)
Numeric Investors LLC bought a new stake in shares of Diebold, Incorporated (NYSE:DBD) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 56,400 shares of the technology company’s stock, valued at approximately $1,579,000. Numeric Investors LLC owned approximately 0.07% of Diebold, at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Morgan Stanley increased its position in Diebold, by 3.6% during the 1st quarter. Morgan Stanley now owns 453,389 shares of the technology company’s stock valued at $13,919,000 after buying an additional 15,565 shares in the last quarter. BlackRock Inc. increased its position in Diebold, by 19,292.0% during the 1st 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 in the last quarter. Legato Capital Management LLC acquired a new position in Diebold, during the 2nd quarter valued at about $2,099,000. Schwab Charles Investment Management Inc. increased its position in Diebold, by 9.4% during the 1st 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 in the last quarter. Finally, Victory Capital Management Inc. increased its position in Diebold, by 50.5% during the 2nd 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 in the last quarter.
Several research analysts recently issued reports on the company. Zacks Investment Research raised Diebold, from a “sell” rating to a “hold” rating in a research report on Tuesday, September 19th. Credit Suisse Group reiterated an “outperform” rating on shares of Diebold, in a research note on Tuesday, September 5th. J P Morgan Chase & Co downgraded Diebold, from an “overweight” rating to a “neutral” rating and set a $31.00 price target on the stock. in a research note on Tuesday, August 8th. BidaskClub downgraded Diebold, from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Finally, Lake Street Capital dropped their price target on Diebold, from $38.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $31.75.
Shares of Diebold, Incorporated (NYSE:DBD) opened at 22.70 on Monday. Diebold, Incorporated has a 52 week low of $17.95 and a 52 week high of $31.85. The stock’s market cap is $1.71 billion. The stock has a 50 day moving average price of $20.97 and a 200-day moving average price of $24.76.
Diebold, (NYSE:DBD) last issued its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.02. The firm had revenue of $1.13 billion for 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 firm’s revenue for the quarter was up 95.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.43 EPS. Equities analysts predict that Diebold, Incorporated will post $0.97 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend was Wednesday, August 23rd. Diebold,’s dividend payout ratio (DPR) is presently -10.90%.
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In related news, Director Henry D. G. Wallace purchased 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The shares were purchased at an average price of $19.08 per share, for a total transaction of $190,800.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Christopher A. Chapman purchased 2,000 shares of the company’s stock in a transaction that occurred on Friday, July 21st. The stock was bought at an average price of $21.53 per share, for a total transaction of $43,060.00. The disclosure for this purchase can be found here. Insiders purchased a total of 23,000 shares of company stock worth $460,940 in the last 90 days. 1.37% of the stock is currently owned by insiders.
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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