XTX Topco Ltd Acquires New Holdings in Diebold Nixdorf, Incorporated (NYSE:DBD)

XTX Topco Ltd bought a new position in Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,515 shares of the technology company's stock, valued at approximately $503,000.

Other large investors also recently made changes to their positions in the company. Sterling Capital Management LLC boosted its holdings in shares of Diebold Nixdorf by 821.6% in the fourth 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 in the last quarter. Harbor Capital Advisors Inc. boosted 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 valued at $63,000 after purchasing an additional 926 shares in the last quarter. Virtus Investment Advisers Inc. acquired a new position in shares of Diebold Nixdorf during the 4th quarter valued at $82,000. BNP Paribas Financial Markets acquired a new position in shares of Diebold Nixdorf during the 4th quarter valued at $132,000. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Diebold Nixdorf in the 4th quarter worth $146,000. Institutional investors and hedge funds own 97.04% of the company's stock.

Diebold Nixdorf Price Performance

Shares of NYSE:DBD opened at $59.96 on Friday. The company has a market capitalization of $2.23 billion, a PE ratio of -176.35 and a beta of 1.68. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.91 and a current ratio of 1.36. The stock has a fifty day moving average of $55.25 and a 200-day moving average of $47.95. Diebold Nixdorf, Incorporated has a one year low of $34.38 and a one year high of $60.57.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last announced its earnings results on Wednesday, August 6th. The technology company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.01). Diebold Nixdorf had a negative net margin of 0.35% and a positive return on equity of 7.92%. The company had revenue of $915.20 million for the quarter, compared to analysts' expectations of $879.57 million. As a group, equities analysts anticipate that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current fiscal year.

Diebold Nixdorf declared that its board has authorized a stock repurchase program on Wednesday, August 6th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the technology company to purchase up to 4.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

Several brokerages recently weighed in on DBD. Wall Street Zen cut Diebold Nixdorf from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Wedbush upped their price target on shares of Diebold Nixdorf from $60.00 to $70.00 and gave the company an "outperform" rating in a report on Thursday.

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.

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