Gamco Investors INC. ET AL Sells 261,978 Shares of Diebold Nixdorf Inc (DBD)

Gamco Investors INC. ET AL cut its position in shares of Diebold Nixdorf Inc (NYSE:DBD) by 6.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,631,255 shares of the technology company’s stock after selling 261,978 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Diebold Nixdorf were worth $59,371,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Virtu KCG Holdings LLC grew its holdings in shares of Diebold Nixdorf by 2.3% during the second quarter. Virtu KCG Holdings LLC now owns 8,053 shares of the technology company’s stock worth $225,000 after buying an additional 180 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in Diebold Nixdorf by 4.1% in the second 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 during the period. Advisor Group Inc. grew its holdings in Diebold Nixdorf by 4.9% in the second quarter. Advisor Group Inc. now owns 9,595 shares of the technology company’s stock valued at $269,000 after purchasing an additional 445 shares during the period. Ameritas Investment Partners Inc. grew its holdings in Diebold Nixdorf by 2.6% in the second quarter. Ameritas Investment Partners Inc. now owns 28,877 shares of the technology company’s stock valued at $809,000 after purchasing an additional 726 shares during the period. Finally, Thrivent Financial For Lutherans grew its holdings in Diebold Nixdorf by 7.0% in the second quarter. Thrivent Financial For Lutherans now owns 15,220 shares of the technology company’s stock valued at $426,000 after purchasing an additional 1,000 shares during the period.

Shares of Diebold Nixdorf Inc (DBD) opened at $17.50 on Monday. Diebold Nixdorf Inc has a twelve month low of $16.00 and a twelve month high of $31.85. The stock has a market cap of $1,321.85, a P/E ratio of 16.51 and a beta of 2.07. 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 (NYSE:DBD) last released its earnings results on Tuesday, October 31st. The technology company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period in the previous year, the firm earned $0.34 earnings per share. Diebold Nixdorf’s revenue was up 14.2% compared to the same quarter last year. equities analysts anticipate that Diebold Nixdorf Inc will post 1.09 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Monday, February 26th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, February 23rd. This represents a $0.40 annualized dividend and a yield of 2.29%. Diebold Nixdorf’s dividend payout ratio is currently -14.81%.

In other Diebold Nixdorf news, Director Gale S. Fitzgerald acquired 4,000 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was bought at an average cost of $16.74 per share, for a total transaction of $66,960.00. Following the completion of the purchase, the director now directly owns 51,603 shares in the company, valued at $863,834.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.37% of the stock is owned by insiders.

A number of research firms recently issued reports on DBD. KeyCorp restated a “hold” rating on shares of Diebold Nixdorf in a report on Friday, October 20th. Zacks Investment Research downgraded shares of Diebold Nixdorf from a “hold” rating to a “strong sell” rating in a report on Thursday, October 19th. JPMorgan Chase & Co. upgraded shares of Diebold Nixdorf from a “neutral” rating to an “overweight” rating and set a $24.00 target price for the company in a report on Thursday, November 16th. Imperial Capital restated a “hold” rating on shares of Diebold Nixdorf in a report on Wednesday, December 13th. Finally, Lake Street Capital downgraded shares of Diebold Nixdorf from a “buy” rating to a “hold” rating and lowered their target price for the company from $30.00 to $23.00 in a report on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Diebold Nixdorf presently has an average rating of “Hold” and a consensus price target of $26.75.

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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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Institutional Ownership by Quarter for Diebold Nixdorf (NYSE:DBD)

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