MetLife Investment Management LLC Has $660,000 Stock Holdings in Diebold Nixdorf, Incorporated (NYSE:DBD)

MetLife Investment Management LLC boosted its holdings in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 129.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 14,773 shares of the technology company’s stock after buying an additional 8,324 shares during the period. MetLife Investment Management LLC’s holdings in Diebold Nixdorf were worth $660,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. FMR LLC grew its position in Diebold Nixdorf by 381,028.6% during the third quarter. FMR LLC now owns 26,679 shares of the technology company’s stock valued at $1,191,000 after purchasing an additional 26,672 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Diebold Nixdorf by 1.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 279,093 shares of the technology company’s stock valued at $12,464,000 after buying an additional 4,155 shares during the period. Royce & Associates LP purchased a new position in shares of Diebold Nixdorf during the 3rd quarter valued at $7,901,000. Victory Capital Management Inc. acquired a new position in shares of Diebold Nixdorf in the third quarter worth $319,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of Diebold Nixdorf by 4.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 765,514 shares of the technology company’s stock worth $34,188,000 after acquiring an additional 31,152 shares in the last quarter. 97.04% of the stock is owned by institutional investors and hedge funds.

Diebold Nixdorf Stock Up 1.4 %

Diebold Nixdorf stock opened at $46.89 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. Diebold Nixdorf, Incorporated has a 1-year low of $27.18 and a 1-year high of $51.81. The firm’s fifty day simple moving average is $44.91 and its 200-day simple moving average is $42.55. The company has a market capitalization of $1.76 billion, a P/E ratio of 360.72 and a beta of 1.85.

Analysts Set New Price Targets

DBD has been the topic of a number of recent research reports. Wedbush restated an “outperform” rating and issued a $50.00 target price on shares of Diebold Nixdorf in a research note on Monday, November 4th. StockNews.com cut Diebold Nixdorf from a “buy” rating to a “hold” rating in a research note on Friday, October 11th.

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.