Diebold Nixdorf, Incorporated (NYSE:DBD) Director Emanuel R. Pearlman Sells 2,000 Shares

Diebold Nixdorf, Incorporated (NYSE:DBD) Director Emanuel R. Pearlman sold 2,000 shares of the firm’s stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $43.68, for a total value of $87,360.00. Following the sale, the director now owns 40,000 shares of the company’s stock, valued at $1,747,200. The trade was a 4.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Diebold Nixdorf Trading Up 0.7 %

NYSE:DBD opened at $43.29 on Thursday. The company has a quick ratio of 0.90, a current ratio of 1.32 and a debt-to-equity ratio of 0.99. The company’s 50 day moving average is $43.69 and its 200-day moving average is $44.00. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of -98.39 and a beta of 1.89. Diebold Nixdorf, Incorporated has a 12 month low of $30.37 and a 12 month high of $51.81.

Diebold Nixdorf (NYSE:DBD) last released its earnings results on Wednesday, February 12th. The technology company reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.25). Diebold Nixdorf had a negative net margin of 0.44% and a positive return on equity of 14.28%. Equities analysts anticipate that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.

Diebold Nixdorf declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, February 12th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the technology company to repurchase up to 5.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

DBD has been the topic of a number of research reports. StockNews.com raised shares of Diebold Nixdorf from a “hold” rating to a “buy” rating in a research note on Monday. Wedbush reaffirmed an “outperform” rating and set a $60.00 price target on shares of Diebold Nixdorf in a research note on Thursday, February 13th. Finally, DA Davidson boosted their price target on Diebold Nixdorf from $65.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, February 27th.

Hedge Funds Weigh In On Diebold Nixdorf

Large investors have recently added to or reduced their stakes in the company. Glendon Capital Management LP increased its stake in Diebold Nixdorf by 4.8% in the fourth quarter. Glendon Capital Management LP now owns 1,318,050 shares of the technology company’s stock valued at $56,729,000 after acquiring an additional 60,000 shares during the period. William Blair Investment Management LLC raised its holdings in shares of Diebold Nixdorf by 38.1% in the 4th quarter. William Blair Investment Management LLC now owns 1,272,763 shares of the technology company’s stock worth $54,780,000 after buying an additional 350,808 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Diebold Nixdorf by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 718,289 shares of the technology company’s stock worth $32,087,000 after buying an additional 11,917 shares during the period. Irenic Capital Management LP boosted its stake in Diebold Nixdorf by 10.6% in the 4th quarter. Irenic Capital Management LP now owns 633,327 shares of the technology company’s stock valued at $27,258,000 after buying an additional 60,548 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Diebold Nixdorf by 32.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 629,780 shares of the technology company’s stock worth $27,105,000 after acquiring an additional 153,511 shares in the last quarter. Institutional investors and hedge funds own 97.04% of the company’s stock.

Diebold Nixdorf Company Profile

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.