Teachers Advisors LLC Increases Stake in Diebold Nixdorf Inc (NYSE:DBD)
Teachers Advisors LLC raised its stake in Diebold Nixdorf Inc (NYSE:DBD) by 3.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111,726 shares of the technology company’s stock after buying an additional 3,309 shares during the period. Teachers Advisors LLC’s holdings in Diebold Nixdorf were worth $3,430,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Elkfork Partners LLC raised its stake in Diebold Nixdorf by 19.8% in the first quarter. Elkfork Partners LLC now owns 3,322 shares of the technology company’s stock valued at $102,000 after buying an additional 550 shares during the last quarter. Meadow Creek Investment Management LLC raised its stake in Diebold Nixdorf by 19.8% in the first quarter. Meadow Creek Investment Management LLC now owns 4,228 shares of the technology company’s stock valued at $130,000 after buying an additional 700 shares during the last quarter. Ledyard National Bank acquired a new stake in Diebold Nixdorf during the first quarter valued at approximately $152,000. Glen Harbor Capital Management LLC raised its stake in Diebold Nixdorf by 19.8% in the first quarter. Glen Harbor Capital Management LLC now owns 5,134 shares of the technology company’s stock valued at $158,000 after buying an additional 850 shares during the last quarter. Finally, GHP Investment Advisors Inc. acquired a new stake in Diebold Nixdorf during the first quarter valued at approximately $201,000.
Shares of Diebold Nixdorf Inc (DBD) traded down 0.858% on Friday, reaching $20.225. 182,446 shares of the company’s stock traded hands. Diebold Nixdorf Inc has a 12-month low of $19.95 and a 12-month high of $31.85. The company’s market cap is $1.53 billion. The stock has a 50-day moving average price of $23.13 and a 200-day moving average price of $27.01.
Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. Diebold Nixdorf had a negative net margin of 2.08% and a negative return on equity of 21.91%. The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same period last year, the business earned $0.43 EPS. The company’s revenue was up 95.5% compared to the same quarter last year. Equities research analysts anticipate that Diebold Nixdorf Inc will post $0.97 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend is Wednesday, August 23rd. Diebold Nixdorf’s dividend payout ratio is currently -10.90%.
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Several equities research analysts recently commented on the stock. J P Morgan Chase & Co lowered shares of Diebold Nixdorf from an “overweight” rating to a “neutral” rating and set a $31.00 price objective on the stock. in a research note on Tuesday. BidaskClub lowered shares of Diebold Nixdorf from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Lake Street Capital assumed coverage on shares of Diebold Nixdorf in a research note on Monday, June 19th. They set a “buy” rating and a $38.00 price objective on the stock. Zacks Investment Research cut shares of Diebold Nixdorf from a “hold” rating to a “sell” rating in a report on Tuesday, June 20th. Finally, Feltl & Co. assumed coverage on shares of Diebold Nixdorf in a report on Tuesday, April 18th. They issued a “buy” rating for the company. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned 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 Olaf Robert Heyden purchased 2,000 shares of the stock in a transaction dated Wednesday, July 26th. The shares were acquired at an average cost of $23.28 per share, for a total transaction of $46,560.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders bought a total of 8,000 shares of company stock worth $179,440 over the last 90 days. Company insiders own 1.37% of the company’s stock.
About Diebold Nixdorf
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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