The Manufacturers Life Insurance Company increased its holdings in shares of Diebold Nixdorf Inc (NYSE:DBD) by 8.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 180,192 shares of the technology company’s stock after buying an additional 14,050 shares during the period. The Manufacturers Life Insurance Company owned about 0.24% of Diebold Nixdorf worth $2,946,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in DBD. Zions Bancorporation purchased a new stake in Diebold Nixdorf during the 3rd quarter worth approximately $114,000. CENTRAL TRUST Co purchased a new stake in Diebold Nixdorf during the 4th quarter worth approximately $128,000. Public Employees Retirement System of Ohio increased its stake in Diebold Nixdorf by 4.1% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 6,923 shares of the technology company’s stock worth $194,000 after buying an additional 271 shares during the period. Creative Planning purchased a new stake in Diebold Nixdorf during the 4th quarter worth approximately $226,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in Diebold Nixdorf during the 3rd quarter worth approximately $229,000.
Shares of Diebold Nixdorf Inc (NYSE DBD) opened at $17.45 on Wednesday. Diebold Nixdorf Inc has a 52-week low of $12.90 and a 52-week high of $31.00. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.39 and a quick ratio of 0.98. The company has a market cap of $1,363.13, a P/E ratio of 15.75, a price-to-earnings-growth ratio of 5.15 and a beta of 2.11.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Monday, February 26th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date is Friday, February 23rd. Diebold Nixdorf’s dividend payout ratio is presently -12.94%.
Several brokerages recently weighed in on DBD. JPMorgan Chase & Co. cut their target price on shares of Diebold Nixdorf from $21.00 to $19.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 14th. ValuEngine raised shares of Diebold Nixdorf from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. Credit Suisse Group reissued an “outperform” rating and issued a $19.00 price objective (down from $25.00) on shares of Diebold Nixdorf in a research report on Wednesday, February 14th. Imperial Capital reissued a “hold” rating on shares of Diebold Nixdorf in a research report on Wednesday, December 13th. Finally, Lake Street Capital raised shares of Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research report on Tuesday, February 13th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. Diebold Nixdorf presently has a consensus rating of “Hold” and a consensus target price of $20.80.
In related news, CFO Christopher A. Chapman bought 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average cost of $16.05 per share, with a total value of $48,150.00. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gale S. Fitzgerald bought 4,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director now directly owns 51,603 shares in the company, valued at $863,834.22. The disclosure for this purchase can be found here. Corporate insiders own 1.37% of the company’s stock.
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.
Receive News & Ratings for Diebold Nixdorf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diebold Nixdorf and related companies with MarketBeat.com's FREE daily email newsletter.