Renaissance Technologies LLC purchased a new stake in shares of Diebold Nixdorf Inc (NYSE:DBD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 69,700 shares of the technology company’s stock, valued at approximately $638,000. Renaissance Technologies LLC owned 0.09% of Diebold Nixdorf as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Cetera Advisor Networks LLC grew its position in Diebold Nixdorf by 4.0% during the second quarter. Cetera Advisor Networks LLC now owns 28,907 shares of the technology company’s stock valued at $265,000 after buying an additional 1,121 shares during the period. Bank of New York Mellon Corp grew its position in shares of Diebold Nixdorf by 3.0% in the second quarter. Bank of New York Mellon Corp now owns 1,066,800 shares of the technology company’s stock valued at $9,772,000 after purchasing an additional 31,421 shares during the period. Quinn Opportunity Partners LLC grew its position in shares of Diebold Nixdorf by 182.0% in the second quarter. Quinn Opportunity Partners LLC now owns 28,200 shares of the technology company’s stock valued at $258,000 after purchasing an additional 18,200 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Diebold Nixdorf by 1.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 449,866 shares of the technology company’s stock valued at $4,121,000 after purchasing an additional 7,875 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new stake in shares of Diebold Nixdorf in the second quarter valued at about $3,885,000. Institutional investors own 89.32% of the company’s stock.
Several analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Wednesday, September 25th. DA Davidson set a $17.00 target price on shares of Diebold Nixdorf and gave the company a “buy” rating in a research report on Friday, July 26th. ValuEngine lowered shares of Diebold Nixdorf from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 2nd. Finally, Sidoti assumed coverage on shares of Diebold Nixdorf in a research report on Tuesday, September 17th. They issued a “buy” rating and a $19.00 target price on the stock. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $13.50.
In related news, Director Phillip R. Cox sold 6,000 shares of the business’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $14.05, for a total transaction of $84,300.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Arthur F. Anton purchased 9,615 shares of the stock in a transaction that occurred on Wednesday, August 28th. The shares were acquired at an average price of $10.40 per share, for a total transaction of $99,996.00. The disclosure for this purchase can be found here. Insiders own 0.92% of the company’s stock.
Shares of NYSE DBD opened at $9.33 on Friday. The company’s 50-day simple moving average is $11.62 and its 200-day simple moving average is $11.03. Diebold Nixdorf Inc has a 52-week low of $2.41 and a 52-week high of $14.66. The firm has a market cap of $697.62 million, a price-to-earnings ratio of -9.06, a price-to-earnings-growth ratio of 22.17 and a beta of 2.79.
Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Thursday, July 25th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.15) by $0.21. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the business earned ($0.21) EPS. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. Equities analysts expect that Diebold Nixdorf Inc will post 0.14 EPS for the current fiscal year.
Diebold Nixdorf Profile
Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates through two segments, Banking and Retail. The Banking segment 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.
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