Geode Capital Management LLC Increases Stock Position in Diebold Nixdorf, Incorporated (NYSE:DBD)

Geode Capital Management LLC boosted its stake in Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 1.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 718,289 shares of the technology company's stock after acquiring an additional 11,917 shares during the period. Geode Capital Management LLC owned 1.91% of Diebold Nixdorf worth $32,087,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Amalgamated Bank acquired a new stake in shares of Diebold Nixdorf during the second quarter worth $34,000. nVerses Capital LLC acquired a new position in shares of Diebold Nixdorf during the second quarter valued at about $35,000. ClariVest Asset Management LLC boosted its position in shares of Diebold Nixdorf by 1.7% during the 2nd quarter. ClariVest Asset Management LLC now owns 64,874 shares of the technology company's stock worth $2,496,000 after purchasing an additional 1,067 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Diebold Nixdorf by 215.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,770 shares of the technology company's stock valued at $145,000 after buying an additional 2,576 shares during the period. Finally, Sei Investments Co. increased its position in Diebold Nixdorf by 35.9% in the 2nd quarter. Sei Investments Co. now owns 15,590 shares of the technology company's stock valued at $600,000 after buying an additional 4,119 shares in the last quarter. Institutional investors and hedge funds own 97.04% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Wedbush restated an "outperform" rating and set a $60.00 price objective (up previously from $50.00) on shares of Diebold Nixdorf in a report on Wednesday, December 11th. StockNews.com cut shares of Diebold Nixdorf from a "buy" rating to a "hold" rating in a research report on Friday, October 11th.

Diebold Nixdorf Stock Down 0.1 %

DBD traded down $0.05 during mid-day trading on Thursday, reaching $43.56. 95,483 shares of the stock were exchanged, compared to its average volume of 183,070. The company has a 50 day moving average price of $45.31 and a two-hundred day moving average price of $42.79. The stock has a market capitalization of $1.64 billion, a PE ratio of 335.10 and a beta of 1.86. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.96 and a current ratio of 1.45. Diebold Nixdorf, Incorporated has a 1 year low of $27.51 and a 1 year high of $51.81.

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.