153,600 Shares in Diebold Nixdorf, Incorporated (NYSE:DBD) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired 153,600 shares of Diebold Nixdorf, worth approximately $6.7 million, increasing its ownership to about 0.41% of the company.
• Diebold Nixdorf reported a loss of $0.48 per share in its latest quarterly earnings, missing the consensus estimate of $0.55.
• Analysts have mixed opinions on Diebold Nixdorf, with some firms upgrading the stock to a "strong-buy" rating, while others have downgraded it to "hold."

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 153,600 shares of the technology company's stock, valued at approximately $6,715,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.41% of Diebold Nixdorf as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Sterling Capital Management LLC boosted its holdings in Diebold Nixdorf by 821.6% during the 4th quarter. Sterling Capital Management LLC now owns 811 shares of the technology company's stock valued at $35,000 after acquiring an additional 723 shares during the period. Harbor Capital Advisors Inc. increased its stake in Diebold Nixdorf by 182.3% during the 1st 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 4th quarter valued at approximately $82,000. BNP Paribas Financial Markets purchased a new position in Diebold Nixdorf in the 4th quarter valued at approximately $132,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Diebold Nixdorf in the fourth quarter valued at $146,000. Institutional investors and hedge funds own 97.04% of the company's stock.

Insider Activity at Diebold Nixdorf

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 owned by company insiders.

Diebold Nixdorf Stock Performance

Shares of DBD stock traded down $0.31 during trading hours on Friday, hitting $57.47. The stock had a trading volume of 103,172 shares, compared to its average volume of 254,559. The stock's 50 day moving average is $53.67 and its 200 day moving average is $47.09. Diebold Nixdorf, Incorporated has a twelve month low of $34.38 and a twelve month high of $60.36. The firm has a market capitalization of $2.14 billion, a PE ratio of -212.85 and a beta of 1.69. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.35 and a quick ratio of 0.91.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last announced its 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). The business had revenue of $841.10 million during the quarter, compared to analysts' expectations of $845.95 million. Diebold Nixdorf had a negative net margin of 0.28% and a positive return on equity of 10.20%. As a group, research analysts forecast that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DBD has been the topic of a number of recent research reports. CJS Securities upgraded shares of Diebold Nixdorf to a "strong-buy" rating in a research note on Tuesday, April 1st. Wall Street Zen cut Diebold Nixdorf from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Finally, Wedbush upgraded Diebold Nixdorf to a "strong-buy" rating in a report on Tuesday, July 22nd.

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.