Allspring Global Investments Holdings LLC Has $17.04 Million Stake in Diebold Nixdorf, Incorporated (NYSE:DBD)

Allspring Global Investments Holdings LLC boosted its stake in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 2.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 588,518 shares of the technology company’s stock after buying an additional 12,088 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Diebold Nixdorf were worth $17,038,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC acquired a new position in shares of Diebold Nixdorf in the third quarter worth approximately $26,000. Public Employees Retirement System of Ohio bought a new position in Diebold Nixdorf during the 3rd quarter worth approximately $79,000. Lazard Asset Management LLC acquired a new position in shares of Diebold Nixdorf in the 3rd quarter worth approximately $105,000. Citigroup Inc. bought a new stake in shares of Diebold Nixdorf in the 3rd quarter valued at $135,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of Diebold Nixdorf during the third quarter worth $34,000. Institutional investors own 97.04% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DBD. StockNews.com upgraded shares of Diebold Nixdorf from a “hold” rating to a “buy” rating in a report on Wednesday, April 10th. Wedbush reissued a “neutral” rating and issued a $25.00 price objective on shares of Diebold Nixdorf in a research note on Monday, February 12th.

Diebold Nixdorf Trading Down 0.9 %

Shares of DBD stock opened at $33.09 on Monday. The firm has a 50 day moving average of $33.59 and a 200-day moving average of $27.73. The company has a quick ratio of 1.10, a current ratio of 1.52 and a debt-to-equity ratio of 1.16. Diebold Nixdorf, Incorporated has a 52 week low of $16.50 and a 52 week high of $35.94.

Diebold Nixdorf (NYSE:DBD) last issued its earnings results on Wednesday, February 14th. The technology company reported $3.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $1.63. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. Sell-side analysts predict that Diebold Nixdorf, Incorporated will post 3.94 earnings per share for the current year.

Insider Transactions at Diebold Nixdorf

In related news, major shareholder Millstreet Capital Management sold 457,715 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $33.95, for a total transaction of $15,539,424.25. Following the transaction, the insider now directly owns 6,477,361 shares of the company’s stock, valued at approximately $219,906,405.95. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, major shareholder Millstreet Capital Management sold 457,715 shares of Diebold Nixdorf stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $33.95, for a total value of $15,539,424.25. Following the completion of the sale, the insider now owns 6,477,361 shares of the company’s stock, valued at approximately $219,906,405.95. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Octavio Marquez acquired 1,000 shares of the stock in a transaction on Wednesday, March 13th. The shares were acquired at an average price of $34.27 per share, for a total transaction of $34,270.00. Following the acquisition, the chief executive officer now owns 133,661 shares of the company’s stock, valued at approximately $4,580,562.47. The disclosure for this purchase can be found here. Insiders have sold 458,315 shares of company stock valued at $15,559,766 in the last 90 days. 0.04% of the stock is currently owned by corporate insiders.

Diebold Nixdorf 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.