Ulysses Management LLC Acquires 20,000 Shares of Diebold, Incorporated (DBD)
Ulysses Management LLC increased its holdings in shares of Diebold, Incorporated (NYSE:DBD) by 50.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,000 shares of the technology company’s stock after buying an additional 20,000 shares during the period. Ulysses Management LLC owned about 0.08% of Diebold, worth $1,680,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Bank of New York Mellon Corp grew its holdings in Diebold, by 5.3% during the 1st quarter. Bank of New York Mellon Corp now owns 1,125,488 shares of the technology company’s stock worth $34,552,000 after acquiring an additional 56,939 shares during the last quarter. Swiss National Bank increased its position in Diebold, by 1.7% in the 1st quarter. Swiss National Bank now owns 117,459 shares of the technology company’s stock valued at $3,606,000 after acquiring an additional 2,000 shares during the period. UBS Asset Management Americas Inc. increased its position in Diebold, by 12.4% in the 1st quarter. UBS Asset Management Americas Inc. now owns 55,066 shares of the technology company’s stock valued at $1,691,000 after acquiring an additional 6,077 shares during the period. Karp Capital Management Corp acquired a new position in Diebold, in the 1st quarter valued at approximately $426,000. Finally, Parametric Portfolio Associates LLC increased its position in Diebold, by 74.2% in the 1st quarter. Parametric Portfolio Associates LLC now owns 280,043 shares of the technology company’s stock valued at $8,597,000 after acquiring an additional 119,239 shares during the period.
In other news, Director Henry D. G. Wallace purchased 10,000 shares of the business’s stock in a transaction on Monday, August 21st. The shares were acquired at an average price of $19.08 per share, with a total value of $190,800.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Christopher A. Chapman purchased 2,000 shares of the business’s stock in a transaction on Friday, July 21st. The stock was purchased at an average cost of $21.53 per share, for a total transaction of $43,060.00. The disclosure for this purchase can be found here. Insiders acquired a total of 23,000 shares of company stock worth $460,940 over the last ninety days. Insiders own 1.37% of the company’s stock.
Diebold, Incorporated (NYSE DBD) traded up 0.108% during mid-day trading on Tuesday, reaching $23.175. 456,605 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $20.70 and a 200-day moving average of $24.88. The stock’s market cap is $1.75 billion. Diebold, Incorporated has a one year low of $17.95 and a one year high of $31.85.
Diebold, (NYSE:DBD) last issued its earnings results on Wednesday, July 19th. The technology company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.02. Diebold, had a positive return on equity of 7.25% and a negative net margin of 6.04%. The company had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same period in the prior year, the business posted $0.43 EPS. Diebold,’s quarterly revenue was up 95.5% compared to the same quarter last year. On average, equities research analysts anticipate that Diebold, Incorporated will post $0.97 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were paid a $0.10 dividend. The ex-dividend date was Wednesday, August 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 1.73%. Diebold,’s dividend payout ratio (DPR) is currently -10.90%.
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Several equities analysts have recently issued reports on the stock. Lake Street Capital started coverage on shares of Diebold, in a research note on Monday, June 19th. They set a “buy” rating and a $38.00 price target for the company. Zacks Investment Research cut shares of Diebold, from a “hold” rating to a “sell” rating in a research note on Tuesday, June 20th. BidaskClub cut shares of Diebold, from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. J P Morgan Chase & Co downgraded Diebold, from an “overweight” rating to a “neutral” rating and set a $31.00 price objective for the company. in a report on Tuesday, August 8th. Finally, Credit Suisse Group restated an “outperform” rating on shares of Diebold, in a report on Tuesday, September 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. Diebold, has a consensus rating of “Hold” and a consensus target price of $30.60.
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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