Dimensional Fund Advisors LP Has $27.11 Million Holdings in Diebold Nixdorf, Incorporated (NYSE:DBD)

Dimensional Fund Advisors LP lifted its holdings in shares of Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 32.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 629,780 shares of the technology company's stock after buying an additional 153,511 shares during the period. Dimensional Fund Advisors LP owned about 1.68% of Diebold Nixdorf worth $27,105,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of DBD. Sterling Capital Management LLC grew 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 purchasing an additional 723 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Diebold Nixdorf by 8.1% in the fourth quarter. Legal & General Group Plc now owns 13,983 shares of the technology company's stock valued at $602,000 after buying an additional 1,045 shares in the last quarter. Invesco Ltd. increased 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 worth $529,000 after buying an additional 867 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Diebold Nixdorf during the fourth quarter worth $250,000. Finally, Wells Fargo & Company MN lifted its stake in Diebold Nixdorf by 23.7% in the fourth quarter. Wells Fargo & Company MN now owns 17,092 shares of the technology company's stock valued at $736,000 after acquiring an additional 3,276 shares during the last quarter. Institutional investors own 97.04% of the company's stock.

Analyst Ratings Changes

DBD has been the topic of several research analyst reports. DA Davidson upped their price objective on Diebold Nixdorf from $65.00 to $80.00 and gave the company a "buy" rating in a research note on Thursday, February 27th. StockNews.com lowered Diebold Nixdorf from a "buy" rating to a "hold" rating in a research note on Friday. Wedbush restated an "outperform" rating and issued a $60.00 price target on shares of Diebold Nixdorf in a research note on Thursday. Finally, CJS Securities raised Diebold Nixdorf to a "strong-buy" rating in a report on Tuesday, April 1st.

Insiders Place Their Bets

In other news, EVP Frank Tobias Baur acquired 700 shares of Diebold Nixdorf stock in a transaction that occurred on Friday, May 9th. The shares were acquired at an average price of $46.12 per share, for a total transaction of $32,284.00. Following the transaction, the executive vice president now directly owns 38,572 shares of the company's stock, valued at approximately $1,778,940.64. The trade was a 1.85 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Emanuel R. Pearlman sold 2,000 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $43.68, for a total value of $87,360.00. Following the completion of the transaction, the director now owns 40,000 shares of the company's stock, valued at $1,747,200. This represents a 4.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company's stock.

Diebold Nixdorf Price Performance

Diebold Nixdorf stock traded down $0.11 during mid-day trading on Friday, reaching $46.26. 175,669 shares of the company were exchanged, compared to its average volume of 179,360. The firm has a market cap of $1.74 billion, a PE ratio of -105.14 and a beta of 1.73. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.32 and a quick ratio of 0.90. The company has a fifty day simple moving average of $42.80 and a 200-day simple moving average of $43.88. Diebold Nixdorf, Incorporated has a 12 month low of $34.38 and a 12 month high of $51.81.

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 positive return on equity of 14.28% and a negative net margin of 0.44%. The firm had revenue of $841.10 million for the quarter, compared to the consensus estimate of $845.95 million. As a group, equities research analysts expect that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current fiscal year.

Diebold Nixdorf announced that its Board of Directors has authorized a stock repurchase program on Wednesday, February 12th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the technology company to reacquire up to 5.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

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.