Zions Bancorporation purchased a new stake in Diebold Nixdorf Inc (NYSE:DBD) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,994 shares of the technology company’s stock, valued at approximately $114,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Atlantic Investment Management Inc. grew its stake in Diebold Nixdorf by 8.0% in the 3rd quarter. Atlantic Investment Management Inc. now owns 6,481,819 shares of the technology company’s stock valued at $148,110,000 after buying an additional 481,819 shares during the last quarter. Vanguard Group Inc. grew its stake in Diebold Nixdorf by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 5,965,441 shares of the technology company’s stock valued at $167,032,000 after buying an additional 180,009 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in Diebold Nixdorf by 1.9% in the 3rd quarter. Gamco Investors INC. ET AL now owns 3,893,233 shares of the technology company’s stock valued at $88,960,000 after buying an additional 73,534 shares during the last quarter. Wells Fargo & Company MN grew its stake in Diebold Nixdorf by 1.9% in the 2nd quarter. Wells Fargo & Company MN now owns 2,872,921 shares of the technology company’s stock valued at $80,442,000 after buying an additional 53,624 shares during the last quarter. Finally, Deprince Race & Zollo Inc. grew its stake in Diebold Nixdorf by 3.4% in the 2nd quarter. Deprince Race & Zollo Inc. now owns 2,794,986 shares of the technology company’s stock valued at $78,260,000 after buying an additional 93,057 shares during the last quarter.

Diebold Nixdorf Inc (DBD) opened at $17.15 on Friday. Diebold Nixdorf Inc has a 52-week low of $16.00 and a 52-week high of $31.85. The stock has a market cap of $1,359.61, a P/E ratio of 16.98 and a beta of 1.92. The company has a current ratio of 1.47, a quick ratio of 1.01 and a debt-to-equity ratio of 3.00.

Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Tuesday, October 31st. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.40. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.17 billion. Diebold Nixdorf had a negative net margin of 4.40% and a positive return on equity of 11.39%. The business’s revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.34 EPS. sell-side analysts expect that Diebold Nixdorf Inc will post 1.09 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Friday, November 17th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $0.40 annualized dividend and a dividend yield of 2.33%. Diebold Nixdorf’s dividend payout ratio is -14.81%.

A number of brokerages have issued reports on DBD. Imperial Capital restated a “hold” rating on shares of Diebold Nixdorf in a research report on Wednesday. J P Morgan Chase & Co upgraded shares of Diebold Nixdorf from a “neutral” rating to an “overweight” rating in a research report on Friday, November 24th. Zacks Investment Research upgraded shares of Diebold Nixdorf from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Lake Street Capital lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating and decreased their target price for the stock from $30.00 to $23.00 in a research report on Tuesday, October 31st. Finally, KeyCorp restated a “hold” rating on shares of Diebold Nixdorf in a research report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. Diebold Nixdorf has a consensus rating of “Hold” and an average price target of $26.75.

In other news, SVP Alan Kerr purchased 2,750 shares of Diebold Nixdorf stock in a transaction that occurred on Friday, November 3rd. The shares were acquired at an average price of $18.28 per share, for a total transaction of $50,270.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 1.37% of the company’s stock.

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About Diebold Nixdorf

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

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