Diebold Nixdorf, Incorporated (NYSE:DBD) Shares Bought by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC increased its position in shares of Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 3.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 761,558 shares of the technology company's stock after acquiring an additional 23,484 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 2.02% of Diebold Nixdorf worth $33,577,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Diebold Nixdorf by 3.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,386 shares of the technology company's stock worth $619,000 after acquiring an additional 477 shares during the last quarter. Rhumbline Advisers raised its position in Diebold Nixdorf by 1.6% in the fourth quarter. Rhumbline Advisers now owns 40,319 shares of the technology company's stock valued at $1,735,000 after purchasing an additional 639 shares during the period. Sterling Capital Management LLC boosted its position in shares of Diebold Nixdorf by 821.6% during the fourth quarter. Sterling Capital Management LLC now owns 811 shares of the technology company's stock worth $35,000 after buying an additional 723 shares during the period. MetLife Investment Management LLC boosted its stake in shares of Diebold Nixdorf by 5.8% in the fourth quarter. MetLife Investment Management LLC now owns 15,629 shares of the technology company's stock valued at $673,000 after purchasing an additional 856 shares during the period. Finally, Invesco Ltd. lifted its holdings in Diebold Nixdorf by 7.6% during the 4th 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. Hedge funds and other institutional investors own 97.04% of the company's stock.

Diebold Nixdorf Stock Performance

DBD traded up $1.21 during trading on Thursday, hitting $58.96. 267,317 shares of the stock were exchanged, compared to its average volume of 164,442. The company has a quick ratio of 0.91, a current ratio of 1.35 and a debt-to-equity ratio of 0.94. Diebold Nixdorf, Incorporated has a 1-year low of $34.38 and a 1-year high of $59.35. The stock has a fifty day moving average price of $49.26 and a two-hundred day moving average price of $45.26. The firm has a market capitalization of $2.20 billion, a P/E ratio of -218.34 and a beta of 1.69.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The technology company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.48). Diebold Nixdorf had a positive return on equity of 10.20% and a negative net margin of 0.28%. The business had revenue of $841.10 million for the quarter, compared to analysts' expectations of $845.95 million. As a group, sell-side analysts predict that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Frank Tobias Baur acquired 700 shares of the business's stock in a transaction on Friday, May 9th. The stock was bought at an average price of $46.12 per share, for a total transaction of $32,284.00. Following the transaction, the executive vice president owned 38,572 shares in the company, valued at $1,778,940.64. This represents a 1.85% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.26% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

DBD has been the topic of a number of analyst reports. Wall Street Zen lowered Diebold Nixdorf from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Wedbush reaffirmed an "outperform" rating and set a $60.00 price target on shares of Diebold Nixdorf in a report on Thursday, May 8th. Finally, CJS Securities raised Diebold Nixdorf to a "strong-buy" rating in a report 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.