Marshall Wace LLP Has $5.30 Million Stock Holdings in Diebold Nixdorf, Incorporated (NYSE:DBD)

Marshall Wace LLP lowered its stake in Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 45.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,128 shares of the technology company's stock after selling 102,047 shares during the quarter. Marshall Wace LLP owned approximately 0.33% of Diebold Nixdorf worth $5,299,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Jane Street Group LLC increased its position in shares of Diebold Nixdorf by 11.6% in the third quarter. Jane Street Group LLC now owns 43,501 shares of the technology company's stock worth $1,943,000 after acquiring an additional 4,519 shares in the last quarter. Geode Capital Management LLC raised its stake in Diebold Nixdorf by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 718,289 shares of the technology company's stock valued at $32,087,000 after purchasing an additional 11,917 shares during the period. Ritholtz Wealth Management purchased a new stake in shares of Diebold Nixdorf in the fourth quarter valued at $303,000. SG Americas Securities LLC grew its holdings in shares of Diebold Nixdorf by 6.3% during the fourth quarter. SG Americas Securities LLC now owns 12,595 shares of the technology company's stock valued at $542,000 after buying an additional 752 shares in the last quarter. Finally, State of Alaska Department of Revenue acquired a new position in Diebold Nixdorf during the fourth quarter valued at $860,000. Institutional investors and hedge funds own 97.04% of the company's stock.

Diebold Nixdorf Stock Up 0.3 %

Shares of DBD traded up $0.13 during mid-day trading on Monday, hitting $43.91. 37,509 shares of the company's stock were exchanged, compared to its average volume of 129,988. The company has a quick ratio of 0.90, a current ratio of 1.32 and a debt-to-equity ratio of 0.99. Diebold Nixdorf, Incorporated has a twelve month low of $30.37 and a twelve month high of $51.81. The firm has a fifty day moving average of $42.55 and a two-hundred day moving average of $43.91. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of -99.80 and a beta of 1.73.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.97 EPS for the quarter, missing analysts' consensus estimates 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, sell-side analysts forecast that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current year.

Diebold Nixdorf declared that its Board of Directors has initiated a share buyback program on Wednesday, February 12th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the technology company to buy up to 5.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its stock is undervalued.

Insider Transactions at Diebold Nixdorf

In other Diebold Nixdorf news, Director Emanuel R. Pearlman sold 2,000 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $43.68, for a total value of $87,360.00. Following the sale, the director now owns 40,000 shares of the company's stock, valued at $1,747,200. This trade represents a 4.76 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.26% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. StockNews.com cut Diebold Nixdorf from a "buy" rating to a "hold" rating in a research note on Thursday, March 27th. CJS Securities upgraded shares of Diebold Nixdorf to a "strong-buy" rating in a research note on Tuesday, April 1st. Wedbush reissued an "outperform" rating and set a $60.00 target price on shares of Diebold Nixdorf in a research note on Thursday, February 13th. Finally, DA Davidson increased their price objective on Diebold Nixdorf from $65.00 to $80.00 and gave the stock a "buy" rating in a report on Thursday, February 27th.

Diebold Nixdorf Company 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.