11,188 Shares in Diebold Nixdorf Inc (DBD) Acquired by BBR Partners LLC

BBR Partners LLC purchased a new stake in Diebold Nixdorf Inc (NYSE:DBD) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,188 shares of the technology company’s stock, valued at approximately $256,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in DBD. Pzena Investment Management LLC acquired a new position in Diebold Nixdorf in the 3rd quarter valued at approximately $42,254,000. Rice Hall James & Associates LLC acquired a new position in Diebold Nixdorf in the 2nd quarter valued at approximately $17,371,000. Victory Capital Management Inc. boosted its stake in shares of Diebold Nixdorf by 50.5% in the 2nd quarter. Victory Capital Management Inc. now owns 1,541,015 shares of the technology company’s stock valued at $43,148,000 after purchasing an additional 517,230 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Diebold Nixdorf by 69.7% in the 2nd quarter. Goldman Sachs Group Inc. now owns 1,197,436 shares of the technology company’s stock valued at $33,528,000 after purchasing an additional 491,917 shares during the last quarter. Finally, Tocqueville Asset Management L.P. boosted its stake in shares of Diebold Nixdorf by 28.6% in the 3rd quarter. Tocqueville Asset Management L.P. now owns 1,747,018 shares of the technology company’s stock valued at $39,919,000 after purchasing an additional 389,045 shares during the last quarter.

In other Diebold Nixdorf news, SVP Alan Kerr acquired 2,750 shares of the company’s stock in a transaction on Friday, November 3rd. The shares were purchased at an average cost of $18.28 per share, with a total value of $50,270.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.37% of the stock is currently owned by company insiders.

A number of equities research analysts have recently commented on the stock. Zacks Investment Research raised shares of Diebold Nixdorf from a “sell” rating to a “hold” rating in a research note on Tuesday, September 19th. KeyCorp reaffirmed a “hold” rating on shares of Diebold Nixdorf in a research note on Friday, October 20th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Diebold Nixdorf in a research note on Tuesday, September 5th. J P Morgan Chase & Co raised shares of Diebold Nixdorf from a “neutral” rating to an “overweight” rating and set a $24.00 price objective on the stock in a research note on Thursday, November 16th. Finally, Lake Street Capital lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating and reduced their price objective for the company from $30.00 to $23.00 in a research note on Tuesday, October 31st. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $26.75.

Shares of Diebold Nixdorf Inc (NYSE DBD) traded down $0.25 during midday trading on Thursday, reaching $18.25. 1,001,500 shares of the company traded hands, compared to its average volume of 1,045,017. Diebold Nixdorf Inc has a fifty-two week low of $16.00 and a fifty-two week high of $31.85. The company has a market capitalization of $1,397.38, a price-to-earnings ratio of 17.45 and a beta of 1.92. The company has a debt-to-equity ratio of 3.00, a quick ratio of 1.01 and a current ratio of 1.47.

Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings data on Tuesday, October 31st. The technology company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.40. Diebold Nixdorf had a negative net margin of 4.40% and a positive return on equity of 11.39%. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period last year, the firm earned $0.34 earnings per share. The business’s quarterly revenue was up 14.2% compared to the same quarter last year. equities analysts anticipate that Diebold Nixdorf Inc will post 1.09 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 17th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Thursday, November 16th. Diebold Nixdorf’s dividend payout ratio (DPR) is -14.81%.

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About Diebold Nixdorf

Diebold Nixdorf, Incorporated provides connected commerce services, software and technology. The Company’s geographic segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). These segments sell and service financial self-service (FSS), retail solutions and security systems.

Institutional Ownership by Quarter for Diebold Nixdorf (NYSE:DBD)

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