Diebold Nixdorf’s (DBD) “Neutral” Rating Reaffirmed at Wedbush

Wedbush reissued their neutral rating on shares of Diebold Nixdorf (NYSE:DBDFree Report) in a research note released on Monday, MarketBeat.com reports. The firm currently has a $25.00 price target on the technology company’s stock.

A number of other analysts have also weighed in on DBD. DA Davidson raised shares of Diebold Nixdorf from a neutral rating to a buy rating and increased their price objective for the stock from $25.00 to $29.00 in a research report on Friday, November 10th. StockNews.com cut Diebold Nixdorf from a buy rating to a hold rating in a research note on Tuesday, February 6th.

Read Our Latest Report on DBD

Diebold Nixdorf Stock Down 0.5 %

NYSE DBD opened at $32.40 on Monday. Diebold Nixdorf has a 52 week low of $16.50 and a 52 week high of $33.49. The company has a fifty day moving average of $29.16 and a two-hundred day moving average of $21.46.

Insider Activity

In related news, Director Arthur F. Anton acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The stock was bought at an average price of $22.98 per share, for a total transaction of $114,900.00. Following the acquisition, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $114,900. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.04% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of DBD. Beach Point Capital Management LP bought a new position in shares of Diebold Nixdorf during the 3rd quarter worth $61,481,000. Impax Asset Management Group plc purchased a new stake in shares of Diebold Nixdorf in the 3rd quarter worth approximately $771,000. Thompson Siegel & Walmsley LLC purchased a new stake in shares of Diebold Nixdorf in the 3rd quarter worth approximately $2,318,000. Nomura Asset Management Co. Ltd. purchased a new position in Diebold Nixdorf during the third quarter valued at approximately $833,000. Finally, Skylands Capital LLC bought a new position in Diebold Nixdorf in the third quarter worth approximately $2,210,000.

Diebold Nixdorf Company Profile

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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.

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