Ancora Advisors LLC Has $3.67 Million Stock Holdings in Diebold Nixdorf, Incorporated (NYSE:DBD)

Ancora Advisors LLC grew its position in Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 20.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,240 shares of the technology company's stock after acquiring an additional 14,716 shares during the quarter. Ancora Advisors LLC owned 0.23% of Diebold Nixdorf worth $3,669,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of DBD. Rhumbline Advisers boosted its stake in Diebold Nixdorf by 1.6% during the fourth quarter. Rhumbline Advisers now owns 40,319 shares of the technology company's stock worth $1,735,000 after buying an additional 639 shares in the last quarter. Sterling Capital Management LLC increased its stake in Diebold Nixdorf by 821.6% in the fourth quarter. Sterling Capital Management LLC now owns 811 shares of the technology company's stock valued at $35,000 after acquiring an additional 723 shares during the period. SG Americas Securities LLC raised its position in Diebold Nixdorf by 6.3% in the fourth quarter. SG Americas Securities LLC now owns 12,595 shares of the technology company's stock worth $542,000 after purchasing an additional 752 shares in the last quarter. MetLife Investment Management LLC lifted its stake in Diebold Nixdorf by 5.8% during the fourth quarter. MetLife Investment Management LLC now owns 15,629 shares of the technology company's stock worth $673,000 after purchasing an additional 856 shares during the period. Finally, Invesco Ltd. boosted its holdings in Diebold Nixdorf by 7.6% during the fourth quarter. Invesco Ltd. now owns 12,297 shares of the technology company's stock valued at $529,000 after purchasing an additional 867 shares in the last quarter. Institutional investors and hedge funds own 97.04% of the company's stock.

Insiders Place Their Bets

In other news, Director Emanuel R. Pearlman sold 2,000 shares of Diebold Nixdorf stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $43.68, for a total transaction of $87,360.00. Following the completion of the sale, the director now owns 40,000 shares in the company, valued at $1,747,200. The trade was a 4.76 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.26% of the company's stock.

Diebold Nixdorf Price Performance

Shares of DBD stock traded down $0.26 during trading hours on Friday, hitting $46.11. 80,900 shares of the company's stock were exchanged, compared to its average volume of 179,112. The stock's 50-day moving average is $42.73 and its 200-day moving average is $43.89. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.32 and a quick ratio of 0.90. Diebold Nixdorf, Incorporated has a 52 week low of $34.38 and a 52 week high of $51.81. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of -104.80 and a beta of 1.73.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The technology company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.48). Diebold Nixdorf had a negative net margin of 0.44% and a positive return on equity of 14.28%. The company had revenue of $841.10 million during the quarter, compared to analyst estimates of $845.95 million. As a group, research analysts forecast that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.

Diebold Nixdorf declared that its board has authorized a share buyback plan on Wednesday, February 12th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 5.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. DA Davidson raised their target price on Diebold Nixdorf from $65.00 to $80.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. Wedbush restated an "outperform" rating and issued a $60.00 target price on shares of Diebold Nixdorf in a research note on Thursday. StockNews.com cut shares of Diebold Nixdorf from a "buy" rating to a "hold" rating in a research report on Friday. Finally, CJS Securities raised shares of Diebold Nixdorf to a "strong-buy" rating in a research note on Tuesday, April 1st.

Diebold Nixdorf Profile

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.