Oppenheimer Asset Management Inc. purchased a new stake in Diebold Nixdorf Inc (NYSE:DBD) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 141,538 shares of the technology company’s stock, valued at approximately $3,234,000. Oppenheimer Asset Management Inc. owned about 0.19% of Diebold Nixdorf at the end of the most recent quarter.
Several other large investors have also made changes to their positions in DBD. Capstone Asset Management Co. lifted its holdings in shares of Diebold Nixdorf by 8.8% in the 2nd quarter. Capstone Asset Management Co. now owns 9,252 shares of the technology company’s stock valued at $259,000 after acquiring an additional 750 shares during the last quarter. Aperio Group LLC lifted its holdings in shares of Diebold Nixdorf by 48.1% in the 2nd quarter. Aperio Group LLC now owns 20,540 shares of the technology company’s stock valued at $575,000 after acquiring an additional 6,671 shares during the last quarter. NGAM Advisors L.P. lifted its holdings in shares of Diebold Nixdorf by 10.8% in the 2nd quarter. NGAM Advisors L.P. now owns 41,814 shares of the technology company’s stock valued at $1,171,000 after acquiring an additional 4,066 shares during the last quarter. Great West Life Assurance Co. Can lifted its holdings in shares of Diebold Nixdorf by 4.1% in the 2nd quarter. Great West Life Assurance Co. Can now owns 44,225 shares of the technology company’s stock valued at $1,235,000 after acquiring an additional 1,736 shares during the last quarter. Finally, Texas Permanent School Fund lifted its holdings in shares of Diebold Nixdorf by 0.9% in the 2nd quarter. Texas Permanent School Fund now owns 55,106 shares of the technology company’s stock valued at $1,543,000 after acquiring an additional 485 shares during the last quarter.
Diebold Nixdorf Inc (NYSE DBD) traded up $17.40 during trading on Tuesday, reaching $17.40. 1,597,600 shares of the company were exchanged, compared to its average volume of 1,380,000. The company has a debt-to-equity ratio of 3.00, a current ratio of 1.47 and a quick ratio of 1.01. Diebold Nixdorf Inc has a 12 month low of $16.00 and a 12 month high of $31.85. The stock has a market cap of $1,310.00, a price-to-earnings ratio of -6.47 and a beta of 1.92.
Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings data on Tuesday, October 31st. The technology company reported $0.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.40. Diebold Nixdorf had a negative net margin of 4.40% and a positive return on equity of 11.39%. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the company posted $0.34 EPS. The firm’s revenue for the quarter was up 14.2% on a year-over-year basis. equities analysts predict that Diebold Nixdorf Inc will post 1.09 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Friday, November 17th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend was Thursday, November 16th. Diebold Nixdorf’s dividend payout ratio (DPR) is presently -14.87%.
In related news, SVP Alan Kerr bought 2,750 shares of Diebold Nixdorf stock in a transaction dated Friday, November 3rd. The shares were acquired at an average cost of $18.28 per share, with a total value of $50,270.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gale S. Fitzgerald bought 4,000 shares of Diebold Nixdorf stock in a transaction dated Friday, December 15th. The shares were bought at an average cost of $16.74 per share, for a total transaction of $66,960.00. Following the completion of the transaction, the director now owns 51,603 shares of the company’s stock, valued at approximately $863,834.22. The disclosure for this purchase can be found here. Company insiders own 1.37% of the company’s stock.
A number of brokerages recently commented on DBD. Zacks Investment Research raised shares of Diebold Nixdorf from a “sell” rating to a “hold” rating in a report on Tuesday, September 19th. KeyCorp reaffirmed a “hold” rating on shares of Diebold Nixdorf in a report on Friday, October 20th. Imperial Capital reaffirmed a “hold” rating on shares of Diebold Nixdorf in a report on Wednesday, December 13th. JPMorgan Chase & Co. raised shares of Diebold Nixdorf from a “neutral” rating to an “overweight” rating and set a $24.00 price objective on the stock in a research report on Thursday, November 16th. Finally, Credit Suisse Group reissued an “outperform” rating on shares of Diebold Nixdorf in a research report on Tuesday, September 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. Diebold Nixdorf has a consensus rating of “Hold” and an average target price of $26.75.
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Diebold Nixdorf 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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