Thompson Siegel & Walmsley LLC Buys 99,220 Shares of Diebold Nixdorf, Incorporated (NYSE:DBD)

Thompson Siegel & Walmsley LLC increased its position in Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 460.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 120,787 shares of the technology company's stock after buying an additional 99,220 shares during the period. Thompson Siegel & Walmsley LLC owned 0.32% of Diebold Nixdorf worth $5,199,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its stake in shares of Diebold Nixdorf by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 718,289 shares of the technology company's stock worth $32,087,000 after purchasing an additional 11,917 shares during the last quarter. State Street Corp boosted its holdings in Diebold Nixdorf by 21.6% in the third quarter. State Street Corp now owns 505,002 shares of the technology company's stock worth $22,553,000 after purchasing an additional 89,840 shares in the last quarter. Skylands Capital LLC increased its position in Diebold Nixdorf by 57.5% during the fourth quarter. Skylands Capital LLC now owns 446,625 shares of the technology company's stock worth $19,223,000 after buying an additional 162,975 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Diebold Nixdorf by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 281,658 shares of the technology company's stock valued at $12,123,000 after buying an additional 2,565 shares in the last quarter. Finally, Royce & Associates LP acquired a new stake in shares of Diebold Nixdorf in the third quarter worth about $7,901,000. Institutional investors own 97.04% of the company's stock.

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Insiders Place Their Bets

In related news, Director Emanuel R. Pearlman sold 2,000 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $43.68, for a total value of $87,360.00. Following the completion of the sale, the director now owns 40,000 shares in the company, valued at approximately $1,747,200. This trade represents a 4.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.04% of the company's stock.

Analysts Set New Price Targets

DBD has been the topic of a number of recent analyst reports. Wedbush reissued an "outperform" rating and issued a $60.00 price objective on shares of Diebold Nixdorf in a research note on Thursday, February 13th. StockNews.com lowered shares of Diebold Nixdorf from a "buy" rating to a "hold" rating in a research report on Tuesday, March 11th. Finally, DA Davidson upped their price objective on shares of Diebold Nixdorf from $65.00 to $80.00 and gave the stock a "buy" rating in a report on Thursday, February 27th.

Diebold Nixdorf Stock Performance

NYSE:DBD traded up $0.06 during mid-day trading on Tuesday, hitting $43.84. 88,335 shares of the company's stock traded hands, compared to its average volume of 170,950. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of -99.64 and a beta of 1.90. The firm has a 50 day moving average of $43.70 and a two-hundred day moving average of $44.18. The company has a current ratio of 1.32, a quick ratio of 0.90 and a debt-to-equity ratio of 0.99. Diebold Nixdorf, Incorporated has a 12 month low of $30.37 and a 12 month high of $51.81.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.22 by ($0.25). Diebold Nixdorf had a negative net margin of 0.44% and a positive return on equity of 14.28%. On average, equities analysts forecast that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current fiscal year.

Diebold Nixdorf announced that its Board of Directors has approved a share buyback program on Wednesday, February 12th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the technology company to buy up to 5.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued.

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.