Susquehanna Fundamental Investments LLC Invests $795,000 in Diebold Nixdorf, Incorporated (NYSE:DBD)

Susquehanna Fundamental Investments LLC bought a new stake in Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,481 shares of the technology company's stock, valued at approximately $795,000.

Other institutional investors have also added to or reduced their stakes in the company. Glendon Capital Management LP grew its position in shares of Diebold Nixdorf by 4.8% in the 4th quarter. Glendon Capital Management LP now owns 1,318,050 shares of the technology company's stock valued at $56,729,000 after acquiring an additional 60,000 shares during the period. William Blair Investment Management LLC grew its holdings in Diebold Nixdorf by 38.1% during the fourth 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 period. Dimensional Fund Advisors LP increased its position in Diebold Nixdorf by 32.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 629,780 shares of the technology company's stock worth $27,105,000 after buying an additional 153,511 shares during the last quarter. Skylands Capital LLC raised its stake in Diebold Nixdorf by 57.5% in the fourth quarter. Skylands Capital LLC now owns 446,625 shares of the technology company's stock valued at $19,223,000 after buying an additional 162,975 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Diebold Nixdorf by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 281,658 shares of the technology company's stock valued at $12,123,000 after buying an additional 2,565 shares during the last quarter. 97.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DBD has been the topic of a number of research analyst reports. Wedbush restated an "outperform" rating and issued a $60.00 price target on shares of Diebold Nixdorf in a research note on Thursday, February 13th. DA Davidson increased their price objective on shares of Diebold Nixdorf from $65.00 to $80.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. CJS Securities raised shares of Diebold Nixdorf to a "strong-buy" rating in a report on Tuesday, April 1st. Finally, StockNews.com raised shares of Diebold Nixdorf from a "hold" rating to a "buy" rating in a report on Thursday.

Diebold Nixdorf Stock Performance

Shares of NYSE DBD opened at $46.46 on Friday. Diebold Nixdorf, Incorporated has a one year low of $34.38 and a one year high of $51.81. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.32 and a quick ratio of 0.90. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of -105.59 and a beta of 1.73. The stock's fifty day moving average price is $42.61 and its two-hundred day moving average price is $43.90.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The technology company reported $0.97 EPS for the quarter, missing analysts' consensus estimates of $1.22 by ($0.25). Diebold Nixdorf had a positive return on equity of 14.28% and a negative net margin of 0.44%. On average, equities analysts forecast that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.

Diebold Nixdorf announced that its board has authorized a stock buyback program on Wednesday, February 12th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the technology company to buy up to 5.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

Insider Activity at Diebold Nixdorf

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

About Diebold Nixdorf

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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