NYL Investors LLC Has $1.36 Million Holdings in Diebold Nixdorf, Incorporated (NYSE:DBD)

Key Points

• NYL Investors LLC decreased its stake in Diebold Nixdorf by 15.7% in the first quarter, now holding 31,178 shares worth approximately $1.36 million.
• Diebold Nixdorf's stock reported $0.07 EPS for the last quarter, significantly missing analysts' expectations of $0.55.
• Institutional investors own about 97.04% of Diebold Nixdorf, indicating strong institutional interest in the company.

NYL Investors LLC lowered its stake in Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 15.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 31,178 shares of the technology company's stock after selling 5,802 shares during the quarter. NYL Investors LLC owned about 0.08% of Diebold Nixdorf worth $1,363,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in DBD. Franklin Resources Inc. bought a new position in Diebold Nixdorf during the 4th quarter worth about $520,000. Ritholtz Wealth Management increased its holdings in Diebold Nixdorf by 96.3% during the 1st quarter. Ritholtz Wealth Management now owns 13,821 shares of the technology company's stock worth $604,000 after purchasing an additional 6,782 shares in the last quarter. Invesco Ltd. increased 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 purchasing an additional 867 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Diebold Nixdorf by 23.7% during the 4th quarter. Wells Fargo & Company MN now owns 17,092 shares of the technology company's stock worth $736,000 after purchasing an additional 3,276 shares in the last quarter. Finally, Skylands Capital LLC increased its holdings in Diebold Nixdorf by 23.3% during the 1st quarter. Skylands Capital LLC now owns 550,600 shares of the technology company's stock worth $24,072,000 after purchasing an additional 103,975 shares in the last quarter. Institutional investors and hedge funds own 97.04% of the company's stock.

Insider Buying and Selling

In other Diebold Nixdorf news, EVP Frank Tobias Baur purchased 700 shares of Diebold Nixdorf stock in a transaction that occurred on Friday, May 9th. The stock was acquired at an average price of $46.12 per share, for a total transaction of $32,284.00. Following the completion of the acquisition, the executive vice president owned 38,572 shares of the company's stock, valued at approximately $1,778,940.64. This trade represents a 1.85% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.26% of the company's stock.

Diebold Nixdorf Stock Up 0.6%

Shares of NYSE DBD traded up $0.35 during mid-day trading on Thursday, hitting $56.42. The company had a trading volume of 61,651 shares, compared to its average volume of 166,268. The company has a market capitalization of $2.10 billion, a PE ratio of -209.06 and a beta of 1.69. The firm has a 50-day simple moving average of $54.18 and a two-hundred day simple moving average of $47.37. The company has a current ratio of 1.35, a quick ratio of 0.91 and a debt-to-equity ratio of 0.94. Diebold Nixdorf, Incorporated has a one year low of $34.38 and a one year high of $60.36.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The technology company reported $0.07 EPS for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $845.95 million. On average, equities analysts expect that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on DBD. Wedbush upgraded Diebold Nixdorf to a "strong-buy" rating in a report on Tuesday, July 22nd. Wall Street Zen cut Diebold Nixdorf from a "buy" rating to a "hold" rating in a report on Friday, May 9th.

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.