Elkfork Partners LLC Has $102,000 Stake in Diebold Nixdorf Inc (DBD)
Elkfork Partners LLC boosted its position in Diebold Nixdorf Inc (NYSE:DBD) by 19.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,322 shares of the technology company’s stock after buying an additional 550 shares during the period. Elkfork Partners LLC’s holdings in Diebold Nixdorf were worth $102,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Diebold Nixdorf during the fourth quarter worth about $42,154,000. Envestnet Asset Management Inc. boosted its position in Diebold Nixdorf by 7.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 9,594 shares of the technology company’s stock worth $241,000 after buying an additional 681 shares during the period. Putnam Investments LLC boosted its position in Diebold Nixdorf by 50.1% in the fourth quarter. Putnam Investments LLC now owns 26,464 shares of the technology company’s stock worth $666,000 after buying an additional 8,828 shares during the period. Dimensional Fund Advisors LP boosted its position in Diebold Nixdorf 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. Finally, Hsbc Holdings PLC boosted its position in Diebold Nixdorf by 2.4% in the third quarter. Hsbc Holdings PLC now owns 58,741 shares of the technology company’s stock worth $1,460,000 after buying an additional 1,387 shares during the period. Hedge funds and other institutional investors own 92.17% of the company’s stock.
Diebold Nixdorf Inc (NYSE:DBD) traded up 0.75% on Thursday, hitting $26.90. 355,547 shares of the stock were exchanged. The firm’s market cap is $2.03 billion. Diebold Nixdorf Inc has a 52-week low of $21.05 and a 52-week high of $31.85. The company has a 50-day moving average price of $28.05 and a 200-day moving average price of $27.02.
Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings data on Thursday, May 4th. The technology company reported $0.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.07. Diebold Nixdorf had a return on equity of 14.62% and a net margin of 2.99%. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the previous year, the firm earned ($0.03) earnings per share. Diebold Nixdorf’s revenue was up 116.4% on a year-over-year basis. On average, equities research analysts anticipate that Diebold Nixdorf Inc will post $1.57 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 9th. Stockholders of record on Friday, May 19th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.50%. The ex-dividend date is Wednesday, May 17th. Diebold Nixdorf’s payout ratio is 29.85%.
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A number of research firms have recently commented on DBD. Zacks Investment Research raised shares of Diebold Nixdorf from a “sell” rating to a “hold” rating in a report on Tuesday, May 16th. Feltl & Co. began coverage on shares of Diebold Nixdorf in a report on Tuesday, April 18th. They issued a “buy” rating for the company. Northcoast Research reissued a “buy” rating on shares of Diebold Nixdorf in a report on Monday, February 13th. Imperial Capital cut shares of Diebold Nixdorf from an “outperform” rating to an “in-line” rating and set a $30.00 target price for the company. in a report on Tuesday, March 7th. Finally, Credit Suisse Group AG began coverage on shares of Diebold Nixdorf in a report on Wednesday, February 22nd. They issued an “outperform” rating and a $36.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $33.00.
In other news, Director Phillip R. Cox sold 4,504 shares of the business’s stock in a transaction dated Friday, May 12th. The stock was sold at an average price of $27.01, for a total transaction of $121,653.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.18% of the stock is currently owned by insiders.
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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