Hillsdale Investment Management Inc. Invests $7.04 Million in Diebold Nixdorf, Incorporated $DBD

Hillsdale Investment Management Inc. acquired a new position in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 123,500 shares of the technology company’s stock, valued at approximately $7,043,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American Century Companies Inc. boosted its position in Diebold Nixdorf by 364.5% during the second quarter. American Century Companies Inc. now owns 289,029 shares of the technology company’s stock valued at $16,012,000 after acquiring an additional 226,810 shares during the last quarter. Marshall Wace LLP boosted its position in shares of Diebold Nixdorf by 75.2% during the 2nd quarter. Marshall Wace LLP now owns 159,632 shares of the technology company’s stock valued at $8,844,000 after purchasing an additional 68,503 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Diebold Nixdorf by 10.7% during the 2nd quarter. Bank of America Corp DE now owns 96,425 shares of the technology company’s stock valued at $5,342,000 after purchasing an additional 9,326 shares in the last quarter. Jane Street Group LLC grew its stake in Diebold Nixdorf by 78.9% during the second quarter. Jane Street Group LLC now owns 74,935 shares of the technology company’s stock worth $4,151,000 after purchasing an additional 33,044 shares during the period. Finally, Invesco Ltd. increased its holdings in Diebold Nixdorf by 308.8% in the second quarter. Invesco Ltd. now owns 73,503 shares of the technology company’s stock worth $4,072,000 after purchasing an additional 55,525 shares in the last quarter. Institutional investors and hedge funds own 97.04% of the company’s stock.

Insider Buying and Selling at Diebold Nixdorf

In related news, major shareholder Millstreet Capital Management sold 500,000 shares of Diebold Nixdorf stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $68.00, for a total transaction of $34,000,000.00. Following the transaction, the insider owned 5,216,672 shares of the company’s stock, valued at $354,733,696. The trade was a 8.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.26% of the stock is owned by corporate insiders.

Diebold Nixdorf Stock Performance

DBD opened at $81.20 on Friday. The company has a market cap of $2.86 billion, a price-to-earnings ratio of 31.35 and a beta of 1.55. The company’s fifty day moving average price is $70.47 and its two-hundred day moving average price is $64.12. Diebold Nixdorf, Incorporated has a 1-year low of $34.88 and a 1-year high of $84.42. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 0.85.

Diebold Nixdorf (NYSE:DBD) last posted its earnings results on Thursday, February 12th. The technology company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $1.02. Diebold Nixdorf had a net margin of 2.49% and a return on equity of 16.33%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. On average, analysts expect that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current fiscal year.

Diebold Nixdorf declared that its board has initiated a share buyback program on Wednesday, November 5th that permits the company to buyback $200.00 million in outstanding shares. This buyback authorization permits the technology company to repurchase up to 8.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

DBD has been the topic of a number of research analyst reports. Wedbush set a $100.00 price target on Diebold Nixdorf in a report on Friday, February 13th. Weiss Ratings upgraded shares of Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research report on Tuesday. Finally, DA Davidson raised their price target on shares of Diebold Nixdorf from $80.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. Based on data from MarketBeat.com, Diebold Nixdorf presently has an average rating of “Buy” and a consensus price target of $100.00.

About Diebold Nixdorf

Diebold Nixdorf, Inc (NYSE: DBD) is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company’s core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.