O Shaughnessy Asset Management LLC Boosts Stake in Diebold Nixdorf, Incorporated (NYSE:DBD)

O Shaughnessy Asset Management LLC grew its stake in Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 852.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,913 shares of the technology company's stock after purchasing an additional 45,567 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.14% of Diebold Nixdorf worth $2,191,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. William Blair Investment Management LLC increased its position in Diebold Nixdorf by 38.1% in the fourth quarter. William Blair Investment Management LLC now owns 1,272,763 shares of the technology company's stock worth $54,780,000 after buying an additional 350,808 shares during the last quarter. Skylands Capital LLC lifted its stake 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 purchasing an additional 162,975 shares during the last quarter. Brandywine Global Investment Management LLC lifted its stake in Diebold Nixdorf by 2,379.7% during the fourth quarter. Brandywine Global Investment Management LLC now owns 119,867 shares of the technology company's stock worth $5,159,000 after purchasing an additional 115,033 shares during the last quarter. Thompson Siegel & Walmsley LLC lifted its stake in Diebold Nixdorf by 460.1% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 120,787 shares of the technology company's stock worth $5,199,000 after purchasing an additional 99,220 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of 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 buying an additional 89,840 shares during the period. Institutional investors own 97.04% of the company's stock.

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Insider Buying and Selling

In other news, Director Emanuel R. Pearlman sold 2,000 shares of the business's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $43.68, for a total transaction of $87,360.00. Following the sale, the director now directly owns 40,000 shares of the company's stock, valued at $1,747,200. The trade was a 4.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.26% of the stock is currently owned by insiders.

Diebold Nixdorf Trading Down 3.9 %

DBD traded down $1.64 on Thursday, hitting $39.78. The company had a trading volume of 14,403 shares, compared to its average volume of 178,115. The company has a market cap of $1.50 billion, a PE ratio of -91.37 and a beta of 1.73. Diebold Nixdorf, Incorporated has a 12-month low of $30.37 and a 12-month high of $51.81. The company has a quick ratio of 0.90, a current ratio of 1.32 and a debt-to-equity ratio of 0.99. The business's fifty day simple moving average is $43.21 and its 200 day simple moving average is $44.05.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last announced its earnings results on Wednesday, February 12th. The technology company reported $0.97 earnings per share (EPS) 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%. Equities research analysts expect that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.

Diebold Nixdorf announced that its board has approved a stock repurchase plan on Wednesday, February 12th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the technology company to repurchase up to 5.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. DA Davidson upped their price target on Diebold Nixdorf from $65.00 to $80.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. Wedbush reissued an "outperform" rating and issued a $60.00 target price on shares of Diebold Nixdorf in a research report on Thursday, February 13th. StockNews.com lowered Diebold Nixdorf from a "buy" rating to a "hold" rating in a research report on Thursday, March 27th. Finally, CJS Securities upgraded Diebold Nixdorf to a "strong-buy" rating in a research note on Tuesday, April 1st.

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.