Sei Investments Co. boosted its holdings in Diebold Nixdorf Inc (NYSE:DBD) by 4.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 473,479 shares of the technology company’s stock after buying an additional 18,137 shares during the period. Sei Investments Co.’s holdings in Diebold Nixdorf were worth $7,742,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of DBD. Stifel Financial Corp acquired a new stake in Diebold Nixdorf in the 2nd quarter worth about $244,000. State Street Corp lifted its stake in shares of Diebold Nixdorf by 6.8% in the 2nd quarter. State Street Corp now owns 2,421,383 shares of the technology company’s stock valued at $67,796,000 after purchasing an additional 154,032 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Diebold Nixdorf by 4.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 167,053 shares of the technology company’s stock valued at $4,677,000 after purchasing an additional 6,894 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of Diebold Nixdorf by 4.1% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 6,923 shares of the technology company’s stock valued at $194,000 after purchasing an additional 271 shares in the last quarter. Finally, Crossmark Global Holdings Inc. acquired a new position in shares of Diebold Nixdorf in the 3rd quarter valued at about $229,000.
Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reduced their price objective on Diebold Nixdorf from $31.00 to $29.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 1st. Zacks Investment Research raised Diebold Nixdorf from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 1st. Lake Street Capital lowered Diebold Nixdorf from a “buy” rating to a “hold” rating and reduced their price objective for the company from $30.00 to $23.00 in a research note on Tuesday, October 31st. Imperial Capital reaffirmed a “hold” rating on shares of Diebold Nixdorf in a research note on Wednesday, December 13th. Finally, DA Davidson assumed coverage on Diebold Nixdorf in a research note on Wednesday, February 7th. They issued a “neutral” rating and a $19.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $20.80.
Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Tuesday, February 13th. The technology company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.24 billion. Diebold Nixdorf had a positive return on equity of 14.90% and a negative net margin of 5.06%. The company’s revenue was up .5% on a year-over-year basis. During the same period last year, the business posted $0.32 EPS. research analysts predict that Diebold Nixdorf Inc will post 1.16 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Monday, February 26th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, February 23rd. This represents a $0.40 annualized dividend and a dividend yield of 2.60%. Diebold Nixdorf’s payout ratio is currently -12.94%.
In related news, Director Gale S. Fitzgerald bought 4,000 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The shares were acquired at an average cost of $16.74 per share, for a total transaction of $66,960.00. Following the acquisition, the director now owns 51,603 shares in the company, valued at approximately $863,834.22. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.37% of the company’s stock.
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Diebold Nixdorf 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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