Diebold Nixdorf Target of Unusually Large Options Trading (DBD)

Diebold Nixdorf Inc (NYSE:DBD) saw unusually large options trading on Tuesday. Investors bought 2,147 call options on the stock. This represents an increase of 1,268% compared to the average daily volume of 157 call options.

Shares of Diebold Nixdorf (NYSE DBD) traded up $1.20 on Wednesday, reaching $15.50. The company had a trading volume of 3,343,378 shares, compared to its average volume of 1,564,759. The stock has a market capitalization of $1,080.00, a P/E ratio of -7.81, a P/E/G ratio of 3.48 and a beta of 2.07. Diebold Nixdorf has a 1 year low of $12.90 and a 1 year high of $31.85. 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 issued its quarterly earnings results on Tuesday, February 13th. The technology company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.24 billion. Diebold Nixdorf had a positive return on equity of 11.39% and a negative net margin of 4.40%. Diebold Nixdorf’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.32 earnings per share. sell-side analysts anticipate that Diebold Nixdorf will post 1.09 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Monday, February 26th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend is Friday, February 23rd. Diebold Nixdorf’s dividend payout ratio is currently -21.86%.

Several equities research analysts have recently weighed in on the company. Credit Suisse Group reaffirmed an “outperform” rating and issued a $19.00 target price (down previously from $25.00) on shares of Diebold Nixdorf in a research report on Wednesday. JPMorgan Chase & Co. decreased their target price on Diebold Nixdorf from $21.00 to $19.00 and set an “overweight” rating for the company in a research report on Wednesday. DA Davidson assumed coverage on Diebold Nixdorf in a research report on Wednesday, February 7th. They issued a “neutral” rating and a $19.00 target price for the company. Lake Street Capital raised Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research report on Tuesday. Finally, Imperial Capital set a $24.00 target price on Diebold Nixdorf and gave the stock a “hold” rating in a research report on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. Diebold Nixdorf currently has an average rating of “Hold” and an average price target of $20.80.

In other news, Director Gale S. Fitzgerald purchased 4,000 shares of the company’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 of the company’s stock, valued at approximately $863,834.22. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.37% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Virtu KCG Holdings LLC boosted its holdings in Diebold Nixdorf by 2.3% in the second quarter. Virtu KCG Holdings LLC now owns 8,053 shares of the technology company’s stock valued at $225,000 after purchasing an additional 180 shares during the last quarter. Public Employees Retirement System of Ohio boosted 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 last quarter. Ameritas Investment Partners Inc. boosted 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 last quarter. Thrivent Financial For Lutherans boosted 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 last quarter. Finally, Howe & Rusling Inc. boosted its holdings in Diebold Nixdorf by 22.3% in the third quarter. Howe & Rusling Inc. now owns 18,290 shares of the technology company’s stock valued at $418,000 after purchasing an additional 3,341 shares during the last quarter.

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Diebold Nixdorf Company Profile

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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