Insider Buying: Diebold, Incorporated (NYSE:DBD) SVP Buys 2,000 Shares of Stock
Diebold, Incorporated (NYSE:DBD) SVP Jonathan Leiken bought 2,000 shares of the stock in a transaction dated Friday, July 28th. The shares were bought at an average price of $22.97 per share, for a total transaction of $45,940.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Diebold, Incorporated (DBD) remained flat at $23.00 during mid-day trading on Friday. 410,804 shares of the company traded hands. The firm’s 50 day moving average is $24.46 and its 200 day moving average is $27.25. Diebold, Incorporated has a 12 month low of $19.95 and a 12 month high of $31.85. The stock’s market capitalization is $1.74 billion.
Diebold, (NYSE:DBD) last announced its earnings results on Wednesday, July 19th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.02. Diebold, had a negative net margin of 6.04% and a positive return on equity of 7.25%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter last year, the business earned $0.43 earnings per share. Diebold,’s revenue was up 95.5% compared to the same quarter last year. Analysts predict that Diebold, Incorporated will post $0.96 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 1.74%. Diebold,’s dividend payout ratio (DPR) is currently -10.90%.
A number of hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its stake in shares of Diebold, by 3.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,418,721 shares of the technology company’s stock worth $35,682,000 after buying an additional 50,302 shares during the period. FMR LLC raised its stake in shares of Diebold, by 246.6% in the fourth quarter. FMR LLC now owns 895,212 shares of the technology company’s stock worth $22,514,000 after buying an additional 636,891 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Diebold, by 10.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 12,870 shares of the technology company’s stock worth $324,000 after buying an additional 1,180 shares during the period. Teachers Advisors LLC raised its stake in shares of Diebold, by 2.9% in the fourth quarter. Teachers Advisors LLC now owns 108,417 shares of the technology company’s stock worth $2,727,000 after buying an additional 3,010 shares during the period. Finally, Country Club Trust Company n.a. raised its stake in shares of Diebold, by 7.0% in the first quarter. Country Club Trust Company n.a. now owns 186,022 shares of the technology company’s stock worth $5,711,000 after buying an additional 12,233 shares during the period.
DBD has been the topic of several recent research reports. Zacks Investment Research cut Diebold, from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Feltl & Co. initiated coverage on Diebold, in a report on Tuesday, April 18th. They set a “buy” rating on the stock. Finally, Lake Street Capital initiated coverage on Diebold, in a report on Monday, June 19th. They set a “buy” rating and a $38.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $32.50.
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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