American Century Companies Inc. Has $16.01 Million Position in Diebold Nixdorf, Incorporated $DBD

American Century Companies Inc. grew its stake in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 364.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 289,029 shares of the technology company’s stock after acquiring an additional 226,810 shares during the period. American Century Companies Inc. owned 0.79% of Diebold Nixdorf worth $16,012,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its position in Diebold Nixdorf by 1.8% during the first quarter. Vanguard Group Inc. now owns 1,890,777 shares of the technology company’s stock valued at $82,665,000 after purchasing an additional 33,149 shares during the last quarter. William Blair Investment Management LLC raised its stake in shares of Diebold Nixdorf by 9.5% during the 2nd quarter. William Blair Investment Management LLC now owns 1,622,642 shares of the technology company’s stock worth $89,894,000 after purchasing an additional 140,290 shares in the last quarter. Glendon Capital Management LP raised its stake in shares of Diebold Nixdorf by 13.7% during the 1st quarter. Glendon Capital Management LP now owns 1,498,282 shares of the technology company’s stock worth $65,505,000 after purchasing an additional 180,232 shares in the last quarter. Irenic Capital Management LP lifted its holdings in shares of Diebold Nixdorf by 13.8% during the 1st quarter. Irenic Capital Management LP now owns 720,658 shares of the technology company’s stock valued at $31,507,000 after buying an additional 87,331 shares during the last quarter. Finally, Nuveen LLC bought a new stake in shares of Diebold Nixdorf in the 1st quarter valued at approximately $10,796,000. 97.04% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Wedbush reiterated an “outperform” rating and issued a $80.00 target price on shares of Diebold Nixdorf in a research note on Tuesday, November 18th. Wall Street Zen upgraded shares of Diebold Nixdorf from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 11th. DA Davidson reiterated a “buy” rating and issued a $80.00 price objective on shares of Diebold Nixdorf in a report on Tuesday, August 19th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Diebold Nixdorf in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $80.00.

Insider Buying and Selling

In other Diebold Nixdorf news, major shareholder Millstreet Capital Management sold 38,963 shares of the firm’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $60.08, for a total value of $2,340,897.04. Following the completion of the sale, the insider owned 5,968,398 shares in the company, valued at approximately $358,581,351.84. This trade represents a 0.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.26% of the stock is currently owned by company insiders.

Diebold Nixdorf Price Performance

Shares of Diebold Nixdorf stock opened at $65.57 on Wednesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.36 and a quick ratio of 0.89. The company has a market cap of $2.35 billion, a PE ratio of 47.86 and a beta of 1.56. The firm has a fifty day moving average price of $59.94 and a two-hundred day moving average price of $57.69. Diebold Nixdorf, Incorporated has a fifty-two week low of $34.88 and a fifty-two week high of $66.28.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings data on Wednesday, November 5th. The technology company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.73. Diebold Nixdorf had a net margin of 1.37% and a return on equity of 10.89%. The business had revenue of $945.20 million during the quarter, compared to analyst estimates of $947.43 million. Analysts expect that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.

Diebold Nixdorf declared that its Board of Directors has approved a stock repurchase program on Wednesday, August 6th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the technology company to purchase up to 4.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are 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.