7,039 Shares in Diebold Nixdorf, Incorporated (NYSE:DBD) Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management purchased a new stake in Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 7,039 shares of the technology company's stock, valued at approximately $303,000.

Several other institutional investors have also recently added to or reduced their stakes in DBD. Allspring Global Investments Holdings LLC increased its holdings in shares of Diebold Nixdorf by 4.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 765,514 shares of the technology company's stock valued at $34,188,000 after purchasing an additional 31,152 shares during the period. Geode Capital Management LLC grew its position in Diebold Nixdorf by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 718,289 shares of the technology company's stock valued at $32,087,000 after buying an additional 11,917 shares during the last quarter. State Street Corp increased its stake in Diebold Nixdorf by 21.6% in the 3rd quarter. State Street Corp now owns 505,002 shares of the technology company's stock valued at $22,553,000 after buying an additional 89,840 shares during the period. Dimensional Fund Advisors LP raised its position in 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 buying an additional 198,177 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Diebold Nixdorf by 1.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 279,093 shares of the technology company's stock worth $12,464,000 after acquiring an additional 4,155 shares during the period. Institutional investors and hedge funds own 97.04% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on DBD shares. StockNews.com cut Diebold Nixdorf from a "buy" rating to a "hold" rating in a research report on Friday, October 11th. Wedbush reaffirmed 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.

Diebold Nixdorf Price Performance

Shares of DBD stock traded down $1.08 during trading hours on Wednesday, hitting $44.82. The company's stock had a trading volume of 90,335 shares, compared to its average volume of 92,364. The company has a current ratio of 1.45, a quick ratio of 0.96 and a debt-to-equity ratio of 1.02. The business has a fifty day moving average of $44.30 and a 200-day moving average of $43.29. Diebold Nixdorf, Incorporated has a twelve month low of $30.01 and a twelve month high of $51.81. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 344.83 and a beta of 1.96.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last announced its earnings results on Thursday, November 7th. The technology company reported $0.53 EPS for the quarter, missing analysts' consensus estimates of $1.36 by ($0.83). The company had revenue of $927.10 million for the quarter, compared to analyst estimates of $952.00 million. Diebold Nixdorf had a net margin of 0.13% and a return on equity of 21.14%. As a group, equities research analysts anticipate that Diebold Nixdorf, Incorporated will post 4.02 EPS for the current year.

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.