Public Employees Retirement System of Ohio Cuts Position in Diebold Nixdorf, Incorporated (NYSE:DBD)

Public Employees Retirement System of Ohio lowered its holdings in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 13.4% during the third quarter, HoldingsChannel.com reports. The firm owned 3,633 shares of the technology company’s stock after selling 561 shares during the period. Public Employees Retirement System of Ohio’s holdings in Diebold Nixdorf were worth $162,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Amalgamated Bank purchased a new position in shares of Diebold Nixdorf during the 2nd quarter valued at approximately $34,000. nVerses Capital LLC purchased a new position in Diebold Nixdorf during the second quarter valued at $35,000. ClariVest Asset Management LLC grew its position in shares of Diebold Nixdorf by 1.7% in the second quarter. ClariVest Asset Management LLC now owns 64,874 shares of the technology company’s stock valued at $2,496,000 after purchasing an additional 1,067 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Diebold Nixdorf by 215.7% during 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 in the last quarter. Finally, Summit Securities Group LLC purchased a new position in Diebold Nixdorf in the 2nd quarter valued at about $125,000. 97.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on DBD shares. Wedbush reiterated an “outperform” rating and set a $60.00 price objective (up from $50.00) on shares of Diebold Nixdorf in a research note on Wednesday, December 11th. StockNews.com cut Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Friday, October 11th.

Diebold Nixdorf Stock Up 0.8 %

DBD stock opened at $43.86 on Friday. The company has a current ratio of 1.45, a quick ratio of 0.96 and a debt-to-equity ratio of 1.02. The firm has a 50-day moving average of $45.47 and a two-hundred day moving average of $42.76. Diebold Nixdorf, Incorporated has a 12 month low of $27.51 and a 12 month high of $51.81. The company has a market cap of $1.65 billion, a price-to-earnings ratio of 337.41 and a beta of 1.85.

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.