Barclays PLC Sells 93,787 Shares of Diebold Nixdorf, Incorporated (NYSE:DBD)

Barclays PLC lowered its stake in Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 69.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 40,796 shares of the technology company's stock after selling 93,787 shares during the period. Barclays PLC owned approximately 0.11% of Diebold Nixdorf worth $1,755,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of DBD. Rhumbline Advisers increased its stake in shares of 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 purchasing an additional 639 shares during the period. Sterling Capital Management LLC grew its holdings in Diebold Nixdorf by 821.6% in the 4th quarter. Sterling Capital Management LLC now owns 811 shares of the technology company's stock valued at $35,000 after buying an additional 723 shares in the last quarter. SG Americas Securities LLC increased its position in Diebold Nixdorf by 6.3% during the 4th quarter. SG Americas Securities LLC now owns 12,595 shares of the technology company's stock worth $542,000 after buying an additional 752 shares during the period. Invesco Ltd. lifted its holdings in shares of 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 in the last quarter. Finally, 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 acquiring an additional 1,045 shares in the last quarter. 97.04% of the stock is owned by institutional investors.

Insider Buying and Selling at Diebold Nixdorf

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

Diebold Nixdorf Price Performance

Shares of Diebold Nixdorf stock traded up $1.56 on Thursday, reaching $45.56. 12,390 shares of the stock were exchanged, compared to its average volume of 131,710. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.90 and a current ratio of 1.32. The firm has a market cap of $1.71 billion, a PE ratio of -103.55 and a beta of 1.73. The firm's 50 day moving average is $42.67 and its 200-day moving average is $43.87. Diebold Nixdorf, Incorporated has a one year low of $34.38 and a one year high of $51.81.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last released its earnings results 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 business had revenue of $841.10 million for the quarter, compared to the consensus estimate of $845.95 million. As a group, analysts anticipate that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current fiscal year.

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

Wall Street Analyst Weigh In

DBD has been the subject of a number of recent research reports. DA Davidson boosted their price objective on shares of Diebold Nixdorf from $65.00 to $80.00 and gave the company a "buy" rating in a report on Thursday, February 27th. Wedbush reiterated an "outperform" rating and issued a $60.00 price target on shares of Diebold Nixdorf in a research note on Thursday, February 13th. CJS Securities upgraded Diebold Nixdorf to a "strong-buy" rating in a research note on Tuesday, April 1st. Finally, StockNews.com raised Diebold Nixdorf from a "hold" rating to a "buy" rating in a report on Thursday, May 1st.

Diebold Nixdorf Company 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.