Diebold Nixdorf, Incorporated (NYSE:DBD) EVP Buys $32,284.00 in Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) EVP Frank Tobias Baur bought 700 shares of the firm’s stock in a transaction on Friday, May 9th. The shares were bought at an average cost of $46.12 per share, with a total value of $32,284.00. Following the transaction, the executive vice president now directly owns 38,572 shares of the company’s stock, valued at approximately $1,778,940.64. This trade represents a 1.85 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Diebold Nixdorf Price Performance

Shares of DBD stock opened at $46.26 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.32 and a quick ratio of 0.90. The stock’s fifty day simple moving average is $42.80 and its 200 day simple moving average is $43.88. Diebold Nixdorf, Incorporated has a one year low of $34.38 and a one year high of $51.81. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of -105.14 and a beta of 1.73.

Diebold Nixdorf (NYSE:DBD) last posted its earnings results on Wednesday, May 7th. The technology company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.48). Diebold Nixdorf had a positive return on equity of 14.28% and a negative net margin of 0.44%. The firm had revenue of $841.10 million during the quarter, compared to the consensus estimate of $845.95 million. On average, analysts expect that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current fiscal year.

Diebold Nixdorf announced that its board has authorized a share buyback plan on Wednesday, February 12th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the technology company to repurchase up to 5.7% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Diebold Nixdorf

Several institutional investors have recently bought and sold shares of DBD. William Blair Investment Management LLC increased its stake in shares of Diebold Nixdorf by 38.1% in the fourth quarter. William Blair Investment Management LLC now owns 1,272,763 shares of the technology company’s stock valued at $54,780,000 after buying an additional 350,808 shares in the last quarter. Skylands Capital LLC raised its stake in shares of Diebold Nixdorf by 57.5% in the fourth quarter. Skylands Capital LLC now owns 446,625 shares of the technology company’s stock worth $19,223,000 after acquiring an additional 162,975 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Diebold Nixdorf during the first quarter valued at approximately $6,715,000. Dimensional Fund Advisors LP increased its holdings in shares of Diebold Nixdorf by 32.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 629,780 shares of the technology company’s stock valued at $27,105,000 after purchasing an additional 153,511 shares in the last quarter. Finally, Brandywine Global Investment Management LLC raised its position in Diebold Nixdorf by 2,379.7% in the 4th quarter. Brandywine Global Investment Management LLC now owns 119,867 shares of the technology company’s stock worth $5,159,000 after purchasing an additional 115,033 shares during the last quarter. Institutional investors own 97.04% of the company’s stock.

Analyst Upgrades and Downgrades

DBD has been the topic of several research analyst reports. Wedbush reaffirmed an “outperform” rating and issued a $60.00 price target on shares of Diebold Nixdorf in a research report on Thursday. CJS Securities raised Diebold Nixdorf to a “strong-buy” rating in a research report on Tuesday, April 1st. StockNews.com lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a report on Friday. Finally, DA Davidson raised their price objective on shares of Diebold Nixdorf from $65.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, February 27th.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.