Diebold Nixdorf, Incorporated (NYSE:DBD) Shares Sold by First Trust Advisors LP

First Trust Advisors LP cut its position in shares of Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 93,243 shares of the technology company's stock after selling 6,357 shares during the quarter. First Trust Advisors LP owned 0.25% of Diebold Nixdorf worth $4,013,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. William Blair Investment Management LLC increased its stake in shares of Diebold Nixdorf by 38.1% during the 4th quarter. William Blair Investment Management LLC now owns 1,272,763 shares of the technology company's stock worth $54,780,000 after purchasing an additional 350,808 shares during the last quarter. Skylands Capital LLC increased its position in Diebold Nixdorf by 57.5% during the fourth quarter. Skylands Capital LLC now owns 446,625 shares of the technology company's stock worth $19,223,000 after buying an additional 162,975 shares during the last quarter. Brandywine Global Investment Management LLC raised its stake in Diebold Nixdorf by 2,379.7% in the fourth quarter. Brandywine Global Investment Management LLC now owns 119,867 shares of the technology company's stock valued at $5,159,000 after buying an additional 115,033 shares during the period. Thompson Siegel & Walmsley LLC lifted its position in shares of Diebold Nixdorf by 460.1% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 120,787 shares of the technology company's stock valued at $5,199,000 after buying an additional 99,220 shares during the last quarter. Finally, Royce & Associates LP raised its stake in Diebold Nixdorf by 39.2% in the 4th quarter. Royce & Associates LP now owns 246,268 shares of the technology company's stock valued at $10,599,000 after acquiring an additional 69,360 shares during the period. Institutional investors and hedge funds own 97.04% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on DBD shares. DA Davidson upped their price objective on shares of Diebold Nixdorf from $65.00 to $80.00 and gave the company a "buy" rating in a report on Thursday, February 27th. StockNews.com upgraded shares of Diebold Nixdorf from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. CJS Securities upgraded Diebold Nixdorf to a "strong-buy" rating in a report on Tuesday, April 1st. Finally, Wedbush reissued an "outperform" rating and set a $60.00 price target on shares of Diebold Nixdorf in a report on Thursday, February 13th.

Insider Buying and Selling at Diebold Nixdorf

In other news, Director Emanuel R. Pearlman sold 2,000 shares of Diebold Nixdorf stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $43.68, for a total value of $87,360.00. Following the completion of the transaction, the director now owns 40,000 shares in the company, valued at approximately $1,747,200. This trade represents a 4.76 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.26% of the stock is currently owned by corporate insiders.

Diebold Nixdorf Trading Up 5.0 %

NYSE DBD traded up $2.18 during trading on Thursday, hitting $46.18. The company had a trading volume of 19,394 shares, compared to its average volume of 179,061. The company has a current ratio of 1.32, a quick ratio of 0.90 and a debt-to-equity ratio of 0.99. The company's fifty day moving average is $42.67 and its 200-day moving average is $43.87. The company has a market cap of $1.74 billion, a price-to-earnings ratio of -104.95 and a beta of 1.73. Diebold Nixdorf, Incorporated has a one year low of $34.38 and a one year high of $51.81.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The technology company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.55 by ($0.48). Diebold Nixdorf had a negative net margin of 0.44% and a positive return on equity of 14.28%. The company had revenue of $841.10 million for the quarter, compared to analyst estimates of $845.95 million. On average, sell-side analysts predict that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current year.

Diebold Nixdorf declared that its board has approved a stock buyback plan on Wednesday, February 12th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the technology company to purchase up to 5.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's management believes its shares are undervalued.

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.