Diebold, Incorporated (DBD) Holdings Raised by Citadel Advisors LLC
Citadel Advisors LLC raised its position in Diebold, Incorporated (NYSE:DBD) by 7,722.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,733 shares of the technology company’s stock after acquiring an additional 46,333 shares during the quarter. Citadel Advisors LLC owned approximately 0.06% of Diebold, worth $1,280,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. raised its stake in shares of Diebold, by 19,292.0% during the first quarter. BlackRock Inc. now owns 8,046,515 shares of the technology company’s stock valued at $247,027,000 after acquiring an additional 8,005,021 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Diebold, by 3.1% in the second quarter. Vanguard Group Inc. now owns 5,965,441 shares of the technology company’s stock worth $167,032,000 after purchasing an additional 180,009 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Diebold, by 1.9% in the second quarter. Wells Fargo & Company MN now owns 2,872,921 shares of the technology company’s stock worth $80,442,000 after purchasing an additional 53,624 shares during the last quarter. Deprince Race & Zollo Inc. grew its stake in shares of Diebold, by 3.4% in the second quarter. Deprince Race & Zollo Inc. now owns 2,794,986 shares of the technology company’s stock worth $78,260,000 after purchasing an additional 93,057 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Diebold, by 1.0% in the first quarter. Wellington Management Group LLP now owns 2,409,990 shares of the technology company’s stock worth $73,987,000 after purchasing an additional 24,420 shares during the last quarter.
In other news, Director Gale S. Fitzgerald purchased 5,000 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The shares were acquired at an average price of $18.14 per share, with a total value of $90,700.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Christopher A. Chapman purchased 2,000 shares of the company’s stock in a transaction dated Friday, July 21st. The shares were purchased at an average cost of $21.53 per share, for a total transaction of $43,060.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 23,000 shares of company stock valued at $460,940. 1.37% of the stock is currently owned by corporate insiders.
Diebold, Incorporated (NYSE:DBD) opened at 23.25 on Wednesday. The stock’s market capitalization is $1.76 billion. The company’s 50-day moving average is $20.77 and its 200-day moving average is $24.84. Diebold, Incorporated has a 12 month low of $17.95 and a 12 month high of $31.85.
Diebold, (NYSE:DBD) last announced its quarterly earnings data on Wednesday, July 19th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.02. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Diebold, had a positive return on equity of 7.25% and a negative net margin of 6.04%. Diebold,’s revenue was up 95.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.43 earnings per share. Equities research analysts forecast that Diebold, Incorporated will post $0.97 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date was Wednesday, August 23rd. Diebold,’s dividend payout ratio (DPR) is presently -10.90%.
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A number of brokerages recently issued reports on DBD. Lake Street Capital reduced their price target on Diebold, from $38.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, July 6th. BidaskClub lowered shares of Diebold, from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Credit Suisse Group reiterated an “outperform” rating on shares of Diebold, in a research report on Tuesday, September 5th. Zacks Investment Research lowered shares of Diebold, from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Finally, J P Morgan Chase & Co lowered shares of Diebold, from an “overweight” rating to a “neutral” rating and set a $31.00 price objective for the company. in a report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Diebold, has a consensus rating of “Hold” and a consensus price target of $30.60.
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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