Royce & Associates LP Has $10.60 Million Stock Holdings in Diebold Nixdorf, Incorporated (NYSE:DBD)

Royce & Associates LP raised its holdings in Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) by 39.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 246,268 shares of the technology company's stock after acquiring an additional 69,360 shares during the quarter. Royce & Associates LP owned approximately 0.66% of Diebold Nixdorf worth $10,599,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Vestcor Inc acquired a new stake in Diebold Nixdorf in the fourth quarter valued at $119,000. XTX Topco Ltd acquired a new stake in shares of Diebold Nixdorf in the third quarter valued at about $275,000. Ritholtz Wealth Management acquired a new stake in shares of Diebold Nixdorf in the fourth quarter valued at about $303,000. Victory Capital Management Inc. bought a new position in shares of Diebold Nixdorf during the third quarter worth about $319,000. Finally, Verition Fund Management LLC acquired a new position in shares of Diebold Nixdorf in the third quarter worth approximately $367,000. Institutional investors own 97.04% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. DA Davidson raised their price target on shares of Diebold Nixdorf from $65.00 to $80.00 and gave the stock a "buy" rating in a report on Thursday, February 27th. StockNews.com upgraded shares of Diebold Nixdorf from a "hold" rating to a "buy" rating in a research report on Wednesday. Finally, Wedbush restated an "outperform" rating and issued a $60.00 target price on shares of Diebold Nixdorf in a report on Thursday, February 13th.

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Insider Activity

In related news, Director Emanuel R. Pearlman sold 2,000 shares of the business's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $43.68, for a total value of $87,360.00. Following the completion of 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 position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.04% of the company's stock.

Diebold Nixdorf Trading Down 1.4 %

DBD stock traded down $0.61 during mid-day trading on Friday, reaching $42.65. The company's stock had a trading volume of 269,679 shares, compared to its average volume of 170,172. Diebold Nixdorf, Incorporated has a 12 month low of $30.37 and a 12 month high of $51.81. The company has a current ratio of 1.32, a quick ratio of 0.90 and a debt-to-equity ratio of 0.99. The business's 50 day moving average price is $43.77 and its 200 day moving average price is $44.16. The company has a market cap of $1.60 billion, a price-to-earnings ratio of -96.92 and a beta of 1.90.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.97 earnings per share 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%. On average, equities research analysts predict that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.

Diebold Nixdorf announced that its Board of Directors has approved a share buyback plan on Wednesday, February 12th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the technology company to buy up to 5.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its stock is undervalued.

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.