Teton Advisors Inc. lifted its stake in Diebold Nixdorf (NYSE:DBD) by 19.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,564 shares of the technology company’s stock after buying an additional 17,491 shares during the period. Teton Advisors Inc. owned approximately 0.14% of Diebold Nixdorf worth $1,626,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. increased its holdings in shares of Diebold Nixdorf by 185.8% in the fourth quarter. Assetmark Inc. now owns 6,801 shares of the technology company’s stock worth $111,000 after buying an additional 4,421 shares during the period. Amundi Pioneer Asset Management Inc. purchased a new position in shares of Diebold Nixdorf in the fourth quarter worth about $113,000. CENTRAL TRUST Co purchased a new position in shares of Diebold Nixdorf in the fourth quarter worth about $128,000. Advantage Investment Management LLC purchased a new position in shares of Diebold Nixdorf in the fourth quarter worth about $163,000. Finally, J. Goldman & Co LP purchased a new position in shares of Diebold Nixdorf in the fourth quarter worth about $196,000.
Shares of Diebold Nixdorf opened at $12.35 on Wednesday, Marketbeat.com reports. Diebold Nixdorf has a 1 year low of $11.43 and a 1 year high of $28.50. The stock has a market cap of $953.27 million, a P/E ratio of 10.93, a price-to-earnings-growth ratio of 4.10 and a beta of 2.06. The company has a current ratio of 1.31, a quick ratio of 0.86 and a debt-to-equity ratio of 3.70.
Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Wednesday, May 2nd. The technology company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.13). Diebold Nixdorf had a negative net margin of 5.36% and a positive return on equity of 12.89%. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the firm earned $0.08 EPS. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. analysts expect that Diebold Nixdorf will post 1.02 earnings per share for the current fiscal year.
DBD has been the topic of several analyst reports. Zacks Investment Research upgraded Diebold Nixdorf from a “sell” rating to a “hold” rating in a report on Monday, April 16th. JPMorgan Chase set a $21.00 price target on Diebold Nixdorf and gave the company a “buy” rating in a report on Monday, February 12th. DA Davidson started coverage on Diebold Nixdorf in a report on Wednesday, February 7th. They set a “neutral” rating and a $19.00 price target on the stock. ValuEngine downgraded Diebold Nixdorf from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 2nd. Finally, Lake Street Capital upgraded Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a report on Tuesday, February 13th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $19.80.
In other news, insider Gerrard Schmid acquired 10,000 shares of the business’s stock in a transaction on Tuesday, May 8th. The shares were acquired at an average cost of $11.85 per share, with a total value of $118,500.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Christopher A. Chapman acquired 3,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were purchased at an average cost of $16.05 per share, for a total transaction of $48,150.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 46,300 shares of company stock worth $561,340. 0.74% of the stock is owned by company insiders.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates in three segments: Services, Software, and Systems. The Services segment provides product-related services, such as first and second line maintenance, preventive maintenance, and on-demand services; and managed and outsourcing services, including store lifecycle management, self-service fleet management, branch lifecycle management, automated teller machine (ATM) as-a-service, and managed mobility services, as well as cash management services.
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