Ledyard National Bank cut its position in shares of Diebold Nixdorf Inc (NYSE:DBD) by 15.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,190 shares of the technology company’s stock after selling 765 shares during the period. Ledyard National Bank’s holdings in Diebold Nixdorf were worth $117,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in DBD. Retirement Systems of Alabama boosted its stake in shares of Diebold Nixdorf by 0.4% in the first quarter. Retirement Systems of Alabama now owns 97,398 shares of the technology company’s stock worth $2,990,000 after buying an additional 367 shares during the period. Coastline Trust Co raised its stake in Diebold Nixdorf by 0.8% in the first quarter. Coastline Trust Co now owns 8,375 shares of the technology company’s stock worth $257,000 after buying an additional 65 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in Diebold Nixdorf by 2.7% in the first quarter. Louisiana State Employees Retirement System now owns 19,100 shares of the technology company’s stock worth $586,000 after buying an additional 500 shares in the last quarter. Capstone Asset Management Co. raised its stake in Diebold Nixdorf by 3.7% in the first quarter. Capstone Asset Management Co. now owns 8,502 shares of the technology company’s stock worth $261,000 after buying an additional 300 shares in the last quarter. Finally, Country Club Trust Company n.a. raised its position in shares of Diebold Nixdorf by 7.0% in the first quarter. Country Club Trust Company n.a. now owns 186,022 shares of the technology company’s stock valued at $5,711,000 after buying an additional 12,233 shares during the period.
Diebold Nixdorf Inc (DBD) traded up 0.74% during midday trading on Friday, reaching $20.55. 1,197,825 shares of the company’s stock were exchanged. The firm’s market capitalization is $1.55 billion. The firm’s 50 day moving average is $23.13 and its 200 day moving average is $27.01. Diebold Nixdorf Inc has a 52 week low of $19.85 and a 52 week high of $31.85.
Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Wednesday, July 19th. The technology company reported $0.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.02. The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.10 billion. Diebold Nixdorf had a negative return on equity of 21.91% and a negative net margin of 2.08%. The business’s quarterly revenue was up 95.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 EPS. On average, equities analysts anticipate that Diebold Nixdorf Inc will post $0.97 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.95%. The ex-dividend date is Wednesday, August 23rd. Diebold Nixdorf’s payout ratio is -10.90%.
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DBD has been the subject of several research reports. Feltl & Co. initiated coverage on shares of Diebold Nixdorf in a report on Tuesday, April 18th. They issued a “buy” rating for the company. Lake Street Capital reduced their target price on shares of Diebold Nixdorf from $38.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, July 6th. Zacks Investment Research raised shares of Diebold Nixdorf from a “sell” rating to a “hold” rating in a research report on Tuesday, May 16th. J P Morgan Chase & Co downgraded shares of Diebold Nixdorf from an “overweight” rating to a “neutral” rating and set a $31.00 target price on the stock. in a research report on Tuesday. Finally, BidaskClub downgraded shares of Diebold Nixdorf from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. Diebold Nixdorf presently has an average rating of “Hold” and a consensus price target of $30.60.
In other news, SVP Olaf Robert Heyden acquired 2,000 shares of Diebold Nixdorf stock in a transaction that occurred on Wednesday, July 26th. The stock was purchased at an average cost of $23.28 per share, with a total value of $46,560.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last three months, insiders purchased 8,000 shares of company stock valued at $179,440. 1.37% of the stock is owned by corporate insiders.
About Diebold Nixdorf
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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