Fmr LLC Raises Stock Holdings in Diebold Nixdorf, Incorporated (NYSE:DBD)

FMR LLC lifted its position in shares of Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 381,028.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,679 shares of the technology company's stock after acquiring an additional 26,672 shares during the quarter. FMR LLC owned 0.07% of Diebold Nixdorf worth $1,191,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC increased its holdings in Diebold Nixdorf by 4.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 765,514 shares of the technology company's stock valued at $34,188,000 after acquiring an additional 31,152 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Diebold Nixdorf by 89.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 418,549 shares of the technology company's stock worth $16,103,000 after purchasing an additional 198,177 shares in the last quarter. William Blair Investment Management LLC acquired a new position in shares of Diebold Nixdorf during the 2nd quarter worth approximately $12,849,000. Charles Schwab Investment Management Inc. increased its holdings 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 worth $12,464,000 after buying an additional 4,155 shares during the last quarter. Finally, Skylands Capital LLC boosted its holdings in Diebold Nixdorf by 24.1% in the second quarter. Skylands Capital LLC now owns 252,100 shares of the technology company's stock valued at $9,701,000 after acquiring an additional 49,000 shares during the last quarter. Institutional investors and hedge funds own 97.04% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DBD. Wedbush restated an "outperform" rating and issued a $60.00 price objective (up from $50.00) on shares of Diebold Nixdorf in a report on Wednesday, December 11th. StockNews.com lowered shares of Diebold Nixdorf from a "buy" rating to a "hold" rating in a report on Friday, October 11th.

Diebold Nixdorf Stock Down 1.1 %

NYSE DBD traded down $0.53 during trading hours on Tuesday, hitting $47.18. The company had a trading volume of 104,396 shares, compared to its average volume of 184,237. The firm's 50 day moving average is $45.48 and its 200 day moving average is $42.72. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 367.38 and a beta of 1.85. Diebold Nixdorf, Incorporated has a fifty-two week low of $27.43 and a fifty-two week high of $51.81. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.45 and a quick ratio of 0.96.

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.