New York State Teachers Retirement System continued to hold its position in shares of Diebold, Incorporated (NYSE:DBD) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 100,599 shares of the technology company’s stock at the end of the first quarter. New York State Teachers Retirement System owned about 0.13% of Diebold, worth $3,088,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in Diebold, by 3.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,418,721 shares of the technology company’s stock valued at $35,682,000 after buying an additional 50,302 shares in the last quarter. FMR LLC raised its stake in Diebold, by 246.6% in the fourth quarter. FMR LLC now owns 895,212 shares of the technology company’s stock valued at $22,514,000 after buying an additional 636,891 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Diebold, by 7.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 9,594 shares of the technology company’s stock valued at $241,000 after buying an additional 681 shares in the last quarter. Guggenheim Capital LLC raised its stake in shares of Diebold, by 74.2% in the fourth quarter. Guggenheim Capital LLC now owns 161,090 shares of the technology company’s stock valued at $4,051,000 after buying an additional 68,625 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in shares of Diebold, by 10.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 12,870 shares of the technology company’s stock valued at $324,000 after buying an additional 1,180 shares during the period.

Shares of Diebold, Incorporated (NYSE DBD) traded down 3.13% on Tuesday, hitting $21.65. 1,755,843 shares of the company were exchanged. The company has a 50-day moving average price of $23.80 and a 200 day moving average price of $27.13. The firm’s market cap is $1.63 billion. Diebold, Incorporated has a 52-week low of $19.95 and a 52-week high of $31.85.

Diebold, (NYSE:DBD) last posted its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.02. Diebold, had a negative net margin of 6.04% and a positive return on equity of 7.25%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter last year, the firm posted $0.43 earnings per share. Diebold,’s revenue for the quarter was up 95.5% compared to the same quarter last year. Analysts predict that Diebold, Incorporated will post $0.96 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.85%. Diebold,’s dividend payout ratio is currently -10.90%.

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DBD has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Diebold, from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 12th. Feltl & Co. assumed coverage on shares of Diebold, in a research report on Tuesday, April 18th. They issued a “buy” rating on the stock. Lake Street Capital assumed coverage on shares of Diebold, in a research report on Monday, June 19th. They set a “buy” rating and a $38.00 price target on the stock. BidaskClub lowered shares of Diebold, from a “sell” rating to a “strong sell” rating in a research report on Saturday. Finally, J P Morgan Chase & Co downgraded shares of Diebold, from an “overweight” rating to a “neutral” rating and set a $31.00 target price on the stock. in a research note on Tuesday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. Diebold, presently has an average rating of “Hold” and a consensus price target of $30.60.

In other news, Director Phillip R. Cox sold 4,504 shares of Diebold, stock in a transaction that occurred on Friday, May 12th. The shares were sold at an average price of $27.01, for a total transaction of $121,653.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Olaf Robert Heyden acquired 2,000 shares of the company’s stock in a transaction dated Wednesday, July 26th. The shares were purchased at an average price of $23.28 per share, for a total transaction of $46,560.00. The disclosure for this purchase can be found here. Insiders have bought 8,000 shares of company stock worth $179,440 in the last quarter. Insiders own 1.37% of the company’s stock.

About Diebold,

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.

Institutional Ownership by Quarter for Diebold, (NYSE:DBD)

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