Dimensional Fund Advisors LP Has $16.10 Million Position in Diebold Nixdorf, Incorporated (NYSE:DBD)

Dimensional Fund Advisors LP raised its position in Diebold Nixdorf, Incorporated (NYSE:DBD) by 89.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 418,549 shares of the technology company’s stock after buying an additional 198,177 shares during the quarter. Dimensional Fund Advisors LP owned 1.11% of Diebold Nixdorf worth $16,103,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. nVerses Capital LLC acquired a new stake in shares of Diebold Nixdorf in the second quarter valued at approximately $35,000. SG Americas Securities LLC acquired a new position in Diebold Nixdorf in the 1st quarter valued at $105,000. Summit Securities Group LLC bought a new stake in shares of Diebold Nixdorf during the 2nd quarter valued at $125,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Diebold Nixdorf by 215.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,770 shares of the technology company’s stock worth $145,000 after purchasing an additional 2,576 shares during the period. Finally, Cannon Global Investment Management LLC acquired a new position in Diebold Nixdorf in the first quarter valued at about $276,000. Institutional investors own 97.04% of the company’s stock.

Insider Activity

In other news, EVP Frank Tobias Baur acquired 1,150 shares of the stock in a transaction dated Tuesday, August 27th. The stock was bought at an average price of $40.58 per share, with a total value of $46,667.00. Following the completion of the purchase, the executive vice president now directly owns 24,262 shares of the company’s stock, valued at $984,551.96. This represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Frank Tobias Baur purchased 1,150 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was bought at an average price of $40.58 per share, with a total value of $46,667.00. Following the completion of the purchase, the executive vice president now owns 24,262 shares in the company, valued at approximately $984,551.96. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Thomas S. Timko acquired 1,400 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The stock was bought at an average cost of $38.71 per share, for a total transaction of $54,194.00. Following the completion of the purchase, the chief financial officer now owns 48,219 shares of the company’s stock, valued at $1,866,557.49. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 3,650 shares of company stock valued at $141,935. 0.04% of the stock is currently owned by corporate insiders.

Diebold Nixdorf Price Performance

DBD stock opened at $44.26 on Friday. Diebold Nixdorf, Incorporated has a 1 year low of $17.38 and a 1 year high of $47.73. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.42 and a quick ratio of 0.95. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 7.59 and a beta of 2.18. The company has a 50 day simple moving average of $41.46 and a 200 day simple moving average of $39.63.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Wednesday, August 7th. The technology company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.05. The company had revenue of $939.70 million during the quarter, compared to analysts’ expectations of $899.30 million. Diebold Nixdorf had a return on equity of 226.25% and a net margin of 56.28%. Research analysts anticipate that Diebold Nixdorf, Incorporated will post 5.3 EPS for the current fiscal year.

Analysts Set New Price Targets

DBD has been the subject of a number of recent analyst reports. DA Davidson upped their price target on shares of Diebold Nixdorf from $55.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, August 9th. StockNews.com upgraded Diebold Nixdorf from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Wedbush restated an “outperform” rating and set a $50.00 price objective on shares of Diebold Nixdorf in a research report on Thursday, September 12th.

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.