Trexquant Investment LP Invests $546,000 in Diebold, Incorporated (NYSE:DBD)
Trexquant Investment LP bought a new stake in Diebold, Incorporated (NYSE:DBD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,500 shares of the technology company’s stock, valued at approximately $546,000.
Several other large investors have also bought and sold shares of the company. Mesirow Financial Investment Management Equity Management increased its stake in Diebold, by 6.5% in the second quarter. Mesirow Financial Investment Management Equity Management now owns 717,100 shares of the technology company’s stock valued at $20,078,000 after buying an additional 43,495 shares during the last quarter. Beach Investment Management LLC. acquired a new stake in Diebold, during the second quarter valued at approximately $555,000. Sei Investments Co. increased its stake in Diebold, by 54.0% in the second quarter. Sei Investments Co. now owns 261,621 shares of the technology company’s stock valued at $7,325,000 after buying an additional 91,725 shares during the last quarter. Texas Permanent School Fund increased its stake in Diebold, by 0.9% in the second quarter. Texas Permanent School Fund now owns 55,106 shares of the technology company’s stock valued at $1,543,000 after buying an additional 485 shares during the last quarter. Finally, Great West Life Assurance Co. Can increased its stake in Diebold, by 4.1% in the second quarter. Great West Life Assurance Co. Can now owns 44,225 shares of the technology company’s stock valued at $1,235,000 after buying an additional 1,736 shares during the last quarter.
Shares of Diebold, Incorporated (NYSE:DBD) opened at 20.55 on Friday. The company’s market capitalization is $1.55 billion. Diebold, Incorporated has a 12 month low of $19.85 and a 12 month high of $31.85. The firm has a 50-day moving average of $22.96 and a 200-day moving average of $26.97.
Diebold, (NYSE:DBD) last released its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.02. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.10 billion. Diebold, had a negative net margin of 6.04% and a positive return on equity of 7.25%. Diebold,’s revenue was up 95.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.43 earnings per share. On average, equities analysts predict that Diebold, Incorporated will post $0.97 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Wednesday, August 23rd. Diebold,’s payout ratio is -10.90%.
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Several equities research analysts have recently commented on the stock. J P Morgan Chase & Co downgraded shares of Diebold, from an “overweight” rating to a “neutral” rating and set a $31.00 target price for the company. in a research report on Tuesday, August 8th. BidaskClub downgraded shares of Diebold, from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Zacks Investment Research downgraded shares of Diebold, from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Lake Street Capital decreased their target price on shares of Diebold, from $38.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, July 6th. Finally, Feltl & Co. assumed coverage on shares of Diebold, in a research report on Tuesday, April 18th. They set a “buy” rating for the company. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $30.60.
In other Diebold, news, SVP Olaf Robert Heyden purchased 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 26th. The shares were bought at an average price of $23.28 per share, with a total value of $46,560.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last ninety days, insiders have purchased 8,000 shares of company stock worth $179,440. 1.37% of the stock is owned by insiders.
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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