Rhumbline Advisers increased its holdings in Diebold Nixdorf Inc (NYSE:DBD) by 21.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 221,418 shares of the technology company’s stock after purchasing an additional 39,012 shares during the quarter. Rhumbline Advisers owned approximately 0.29% of Diebold Nixdorf worth $551,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Legal & General Group Plc grew its stake in shares of Diebold Nixdorf by 7.9% in the third quarter. Legal & General Group Plc now owns 213,407 shares of the technology company’s stock worth $973,000 after purchasing an additional 15,713 shares during the last quarter. Prescott Group Capital Management L.L.C. bought a new stake in shares of Diebold Nixdorf in the third quarter worth $15,365,000. SG Americas Securities LLC bought a new stake in shares of Diebold Nixdorf in the third quarter worth $1,474,000. Luminus Management LLC bought a new stake in shares of Diebold Nixdorf in the third quarter worth $1,125,000. Finally, Teton Advisors Inc. grew its stake in shares of Diebold Nixdorf by 12.7% in the fourth quarter. Teton Advisors Inc. now owns 420,701 shares of the technology company’s stock worth $1,048,000 after purchasing an additional 47,318 shares during the last quarter.

In related news, CFO Jeffrey L. Rutherford acquired 19,100 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were purchased at an average price of $10.54 per share, for a total transaction of $201,314.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ellen Costello acquired 2,500 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were bought at an average price of $10.11 per share, for a total transaction of $25,275.00. The disclosure for this purchase can be found here. Insiders have bought 90,322 shares of company stock worth $851,258 in the last quarter. Company insiders own 0.74% of the company’s stock.

Several analysts recently weighed in on DBD shares. Zacks Investment Research raised shares of Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $8.25 price objective on the stock in a research note on Monday, February 18th. ValuEngine raised shares of Diebold Nixdorf from a “hold” rating to a “buy” rating in a research note on Tuesday, February 12th. DA Davidson raised shares of Diebold Nixdorf from a “neutral” rating to a “buy” rating and set a $5.00 price objective on the stock in a research note on Tuesday, January 8th. Finally, JPMorgan Chase & Co. set a $7.00 price objective on shares of Diebold Nixdorf and gave the stock a “sell” rating in a research note on Thursday, February 14th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $6.56.

Shares of DBD opened at $11.30 on Tuesday. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 102.95. The firm has a market cap of $849.85 million, a price-to-earnings ratio of -10.93, a PEG ratio of 16.44 and a beta of 2.88. Diebold Nixdorf Inc has a 12 month low of $2.41 and a 12 month high of $16.80.

Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings results on Wednesday, February 13th. The technology company reported ($0.08) EPS for the quarter. Diebold Nixdorf had a negative net margin of 11.92% and a negative return on equity of 53.21%. The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the company posted $0.40 EPS. The business’s revenue was up 3.2% compared to the same quarter last year. As a group, sell-side analysts predict that Diebold Nixdorf Inc will post 0.23 EPS for the current year.

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About Diebold Nixdorf

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 in three segments: Services, Software, and Systems. The Services segment provides product-related services, such as first and second line maintenance, preventive maintenance, and on-demand services; and managed and outsourcing services, including store lifecycle management, self-service fleet management, branch lifecycle management, automated teller machine (ATM) as-a-service, and managed mobility services, as well as cash management services.

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

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