GAMMA Investing LLC Has $514,000 Stake in Diebold Nixdorf, Incorporated (NYSE:DBD)

GAMMA Investing LLC increased its holdings in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 3,369.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,761 shares of the technology company’s stock after acquiring an additional 11,422 shares during the period. GAMMA Investing LLC’s holdings in Diebold Nixdorf were worth $514,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Sterling Capital Management LLC boosted its position in shares of Diebold Nixdorf by 821.6% during the 4th quarter. Sterling Capital Management LLC now owns 811 shares of the technology company’s stock valued at $35,000 after acquiring an additional 723 shares in the last quarter. Virtus Investment Advisers Inc. acquired a new position in Diebold Nixdorf in the fourth quarter valued at about $82,000. Vestcor Inc acquired a new position in Diebold Nixdorf in the fourth quarter valued at about $119,000. BNP Paribas Financial Markets acquired a new position in Diebold Nixdorf in the fourth quarter valued at about $132,000. Finally, KLP Kapitalforvaltning AS acquired a new position in Diebold Nixdorf in the fourth quarter valued at about $146,000. 97.04% of the stock is currently owned by institutional investors and hedge funds.

Diebold Nixdorf Trading Down 0.3%

Shares of NYSE DBD opened at $51.83 on Friday. Diebold Nixdorf, Incorporated has a 1-year low of $34.38 and a 1-year high of $52.30. The company has a market cap of $1.93 billion, a PE ratio of -191.96 and a beta of 1.65. The company has a current ratio of 1.35, a quick ratio of 0.91 and a debt-to-equity ratio of 0.94. The company has a 50-day moving average of $46.76 and a two-hundred day moving average of $44.80.

Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Wednesday, May 7th. The technology company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.48). Diebold Nixdorf had a positive return on equity of 10.20% and a negative net margin of 0.28%. The company had revenue of $841.10 million during the quarter, compared to the consensus estimate of $845.95 million. As a group, equities analysts expect that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on DBD. Wall Street Zen lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Friday, May 9th. Wedbush restated an “outperform” rating and issued a $60.00 price target on shares of Diebold Nixdorf in a research report on Thursday, May 8th. DA Davidson boosted their price target on shares of Diebold Nixdorf from $65.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, February 27th. Finally, CJS Securities raised shares of Diebold Nixdorf to a “strong-buy” rating in a research note on Tuesday, April 1st.

Insider Buying and Selling

In other Diebold Nixdorf news, EVP Frank Tobias Baur purchased 700 shares of the company’s stock in a transaction that occurred on Friday, May 9th. The stock was acquired at an average cost of $46.12 per share, with a total value of $32,284.00. Following the completion of the purchase, 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.26% of the stock is currently owned by 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.