Susquehanna Fundamental Investments LLC Takes Position in Diebold Nixdorf, Incorporated (NYSE:DBD)

Susquehanna Fundamental Investments LLC acquired a new position in shares of Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 18,481 shares of the technology company's stock, valued at approximately $795,000.

A number of other large investors have also added to or reduced their stakes in DBD. Sterling Capital Management LLC lifted its position 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 worth $35,000 after purchasing an additional 723 shares in the last quarter. Vestcor Inc bought a new position in Diebold Nixdorf during the 4th quarter worth $119,000. KLP Kapitalforvaltning AS acquired a new position in shares of Diebold Nixdorf in the fourth quarter valued at approximately $146,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Diebold Nixdorf during the 4th quarter worth approximately $250,000. Finally, Ritholtz Wealth Management purchased a new stake in Diebold Nixdorf in the 4th quarter valued at about $303,000. 97.04% of the stock is owned by institutional investors and hedge funds.

Diebold Nixdorf Trading Up 3.8 %

Shares of Diebold Nixdorf stock traded up $1.67 on Thursday, hitting $45.67. 31,675 shares of the company's stock traded hands, compared to its average volume of 179,113. 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 company has a market capitalization of $1.72 billion, a price-to-earnings ratio of -103.80 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. The company has a fifty day moving average of $42.67 and a two-hundred day moving average of $43.87.

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

Diebold Nixdorf declared that its board has authorized a stock buyback plan on Wednesday, February 12th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 5.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other Diebold Nixdorf news, Director Emanuel R. Pearlman sold 2,000 shares of the business's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $43.68, for a total transaction of $87,360.00. Following the sale, the director now directly owns 40,000 shares of the company's stock, valued at $1,747,200. The trade was a 4.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.26% of the company's stock.

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.