Diebold Nixdorf (NYSE:DBD) Downgraded by StockNews.com to “Hold”

Diebold Nixdorf (NYSE:DBD) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Other equities research analysts have also recently issued reports about the company. Wedbush restated an “outperform” rating and set a $50.00 price objective on shares of Diebold Nixdorf in a research note on Thursday, September 12th. DA Davidson boosted their target price on shares of Diebold Nixdorf from $55.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, August 9th.

Diebold Nixdorf Trading Down 0.0 %

NYSE DBD opened at $44.86 on Friday. Diebold Nixdorf has a one year low of $17.38 and a one year high of $47.73. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.95 and a current ratio of 1.42. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 7.69 and a beta of 2.18. The company’s 50-day simple moving average is $41.58 and its two-hundred day simple moving average is $39.86.

Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings data on Wednesday, August 7th. The technology company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.05. The company had revenue of $939.70 million for the quarter, compared to analyst estimates of $899.30 million. Diebold Nixdorf had a net margin of 56.28% and a return on equity of 226.25%. Equities analysts forecast that Diebold Nixdorf will post 5.3 EPS for the current fiscal year.

Insider Transactions at Diebold Nixdorf

In other Diebold Nixdorf news, CFO Thomas S. Timko purchased 1,400 shares of the stock in a transaction on Friday, August 9th. The stock was acquired at an average price of $38.71 per share, with a total value of $54,194.00. Following the completion of the acquisition, the chief financial officer now owns 48,219 shares in the company, valued at $1,866,557.49. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CEO Octavio Marquez bought 1,100 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The shares were purchased at an average cost of $37.34 per share, with a total value of $41,074.00. Following the transaction, the chief executive officer now directly owns 135,774 shares in the company, valued at approximately $5,069,801.16. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Thomas S. Timko purchased 1,400 shares of the stock in a transaction on Friday, August 9th. The shares were purchased at an average cost of $38.71 per share, with a total value of $54,194.00. Following the transaction, the chief financial officer now owns 48,219 shares in the company, valued at $1,866,557.49. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 3,650 shares of company stock valued at $141,935. Corporate insiders own 0.04% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Inspire Investing LLC boosted its holdings in shares of Diebold Nixdorf by 44.3% in the 3rd quarter. Inspire Investing LLC now owns 28,960 shares of the technology company’s stock valued at $1,293,000 after acquiring an additional 8,896 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Diebold Nixdorf by 56.0% in the third quarter. SG Americas Securities LLC now owns 11,843 shares of the technology company’s stock valued at $529,000 after purchasing an additional 4,250 shares during the last quarter. Gordian Capital Singapore Pte Ltd acquired a new stake in Diebold Nixdorf during the 2nd quarter worth about $1,876,000. Susquehanna Fundamental Investments LLC grew its position in Diebold Nixdorf by 46.8% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 21,381 shares of the technology company’s stock worth $823,000 after purchasing an additional 6,812 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Diebold Nixdorf in the 2nd quarter valued at about $475,000. 97.04% of the stock is owned by institutional investors and hedge funds.

About Diebold Nixdorf

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.