Diebold Nixdorf, Incorporated (NYSE:DBD) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lessened its holdings in shares of Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 74.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,468 shares of the technology company's stock after selling 18,448 shares during the period. Quantbot Technologies LP's holdings in Diebold Nixdorf were worth $289,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of DBD. Charles Schwab Investment Management Inc. lifted its holdings in 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 valued at $12,464,000 after buying an additional 4,155 shares in the last quarter. Royce & Associates LP bought a new position in Diebold Nixdorf in the third quarter worth approximately $7,901,000. Victory Capital Management Inc. bought a new stake in Diebold Nixdorf during the 3rd quarter valued at $319,000. Allspring Global Investments Holdings LLC grew its position in shares of 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 worth $34,188,000 after buying an additional 31,152 shares in the last quarter. Finally, Inspire Investing LLC raised its holdings in shares of Diebold Nixdorf by 44.3% in the third quarter. Inspire Investing LLC now owns 28,960 shares of the technology company's stock valued at $1,293,000 after acquiring an additional 8,896 shares in the last quarter. 97.04% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on DBD. DA Davidson lifted their price target on Diebold Nixdorf from $55.00 to $65.00 and gave the company a "buy" rating in a report on Friday, August 9th. Wedbush reiterated an "outperform" rating and set a $50.00 price objective on shares of Diebold Nixdorf in a research note on Monday, November 4th. Finally, StockNews.com downgraded shares of Diebold Nixdorf from a "buy" rating to a "hold" rating in a research note on Friday, October 11th.

Diebold Nixdorf Stock Down 1.0 %

NYSE DBD traded down $0.49 during trading on Thursday, hitting $46.26. The company's stock had a trading volume of 138,441 shares, compared to its average volume of 185,894. Diebold Nixdorf, Incorporated has a fifty-two week low of $26.48 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. The company has a market cap of $1.74 billion, a PE ratio of 355.87 and a beta of 1.85. The business's 50 day simple moving average is $44.83 and its 200-day simple moving average is $42.54.

About Diebold Nixdorf

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.