Jane Street Group LLC Sells 3,234 Shares of Diebold Nixdorf, Incorporated (NYSE:DBD)

Jane Street Group LLC decreased its holdings in Diebold Nixdorf, Incorporated (NYSE:DBD) by 7.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,267 shares of the technology company’s stock after selling 3,234 shares during the period. Jane Street Group LLC owned about 0.11% of Diebold Nixdorf worth $1,733,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DBD. William Blair Investment Management LLC raised its stake in Diebold Nixdorf by 38.1% in the fourth quarter. William Blair Investment Management LLC now owns 1,272,763 shares of the technology company’s stock valued at $54,780,000 after buying an additional 350,808 shares during the period. Skylands Capital LLC raised its stake in Diebold Nixdorf by 57.5% in the fourth quarter. Skylands Capital LLC now owns 446,625 shares of the technology company’s stock valued at $19,223,000 after buying an additional 162,975 shares during the period. Dimensional Fund Advisors LP raised its stake in Diebold Nixdorf by 32.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 629,780 shares of the technology company’s stock valued at $27,105,000 after buying an additional 153,511 shares during the period. Brandywine Global Investment Management LLC raised its stake in Diebold Nixdorf by 2,379.7% in the fourth quarter. Brandywine Global Investment Management LLC now owns 119,867 shares of the technology company’s stock valued at $5,159,000 after buying an additional 115,033 shares during the period. Finally, Thompson Siegel & Walmsley LLC increased its stake in shares of Diebold Nixdorf by 460.1% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 120,787 shares of the technology company’s stock worth $5,199,000 after purchasing an additional 99,220 shares during the period. Institutional investors own 97.04% of the company’s stock.

Insider Activity

In other Diebold Nixdorf news, Director Emanuel R. Pearlman sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $43.68, for a total transaction 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 approximately $1,747,200. The trade was a 4.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Frank Tobias Baur acquired 700 shares of the firm’s stock in a transaction on Friday, May 9th. The shares were bought at an average cost of $46.12 per share, with a total value of $32,284.00. Following the completion of the acquisition, the executive vice president now directly owns 38,572 shares in the company, valued at approximately $1,778,940.64. This represents a 1.85% increase in their position. The disclosure for this purchase can be found here. 0.26% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DBD. CJS Securities raised Diebold Nixdorf to a “strong-buy” rating in a research report on Tuesday, April 1st. DA Davidson lifted their price target on Diebold Nixdorf from $65.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, February 27th. Wedbush reissued an “outperform” rating and set a $60.00 price objective on shares of Diebold Nixdorf in a report on Thursday, May 8th. Finally, StockNews.com downgraded Diebold Nixdorf from a “buy” rating to a “hold” rating in a report on Friday, May 9th.

Diebold Nixdorf Stock Down 0.1%

Shares of NYSE:DBD opened at $49.41 on Friday. The firm has a market cap of $1.84 billion, a P/E ratio of -112.29 and a beta of 1.73. The company has a quick ratio of 0.90, a current ratio of 1.32 and a debt-to-equity ratio of 0.99. Diebold Nixdorf, Incorporated has a 12-month low of $34.38 and a 12-month high of $51.81. The business has a fifty day simple moving average of $43.35 and a 200 day simple moving average of $43.95.

Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings data on Wednesday, May 7th. The technology company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.48). Diebold Nixdorf had a positive return on equity of 14.28% and a negative net margin of 0.44%. The business had revenue of $841.10 million during the quarter, compared to the consensus estimate of $845.95 million. Analysts predict that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current year.

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

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.