Skylands Capital LLC Purchases 103,975 Shares of Diebold Nixdorf, Incorporated (NYSE:DBD)

Skylands Capital LLC lifted its position in shares of Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 23.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 550,600 shares of the technology company's stock after acquiring an additional 103,975 shares during the quarter. Diebold Nixdorf accounts for approximately 3.5% of Skylands Capital LLC's portfolio, making the stock its 7th largest holding. Skylands Capital LLC owned about 1.46% of Diebold Nixdorf worth $24,072,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Sterling Capital Management LLC grew its stake in shares of Diebold Nixdorf by 821.6% during the 4th quarter. Sterling Capital Management LLC now owns 811 shares of the technology company's stock worth $35,000 after purchasing an additional 723 shares during the period. Harbor Capital Advisors Inc. grew its position in Diebold Nixdorf by 182.3% during the first quarter. Harbor Capital Advisors Inc. now owns 1,434 shares of the technology company's stock worth $63,000 after buying an additional 926 shares during the period. Virtus Investment Advisers Inc. purchased a new position in Diebold Nixdorf in the fourth quarter valued at about $82,000. Vestcor Inc acquired a new stake in shares of Diebold Nixdorf during the 4th quarter valued at approximately $119,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Diebold Nixdorf during the 4th quarter worth approximately $132,000. Institutional investors and hedge funds own 97.04% of the company's stock.

Diebold Nixdorf Price Performance

NYSE:DBD traded up $0.80 during trading hours on Wednesday, reaching $57.69. 576,943 shares of the company traded hands, compared to its average volume of 164,842. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.35 and a quick ratio of 0.91. The firm's 50-day moving average is $48.96 and its 200-day moving average is $45.18. The stock has a market cap of $2.15 billion, a P/E ratio of -213.67 and a beta of 1.69. Diebold Nixdorf, Incorporated has a 1-year low of $34.38 and a 1-year high of $58.09.

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on DBD shares. Wedbush reaffirmed an "outperform" rating and set a $60.00 price objective on shares of Diebold Nixdorf in a report on Thursday, May 8th. Wall Street Zen lowered shares of Diebold Nixdorf from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Finally, CJS Securities raised shares of Diebold Nixdorf to a "strong-buy" rating in a research note on Tuesday, April 1st.

Insider Transactions at Diebold Nixdorf

In related news, EVP Frank Tobias Baur acquired 700 shares of the company's stock in a transaction dated Friday, May 9th. The stock was bought at an average price of $46.12 per share, with a total value of $32,284.00. Following the purchase, the executive vice president directly owned 38,572 shares in the company, valued at $1,778,940.64. The trade was a 1.85% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.26% of the company's stock.

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.