Allspring Global Investments Holdings LLC Has $43.81 Million Stake in Diebold Nixdorf, Incorporated $DBD

Allspring Global Investments Holdings LLC lowered its holdings in Diebold Nixdorf, Incorporated (NYSE:DBDFree Report) by 8.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 684,965 shares of the technology company’s stock after selling 60,355 shares during the quarter. Allspring Global Investments Holdings LLC owned about 1.91% of Diebold Nixdorf worth $43,810,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of DBD. AlphaQuest LLC raised its holdings in Diebold Nixdorf by 65.1% during the third quarter. AlphaQuest LLC now owns 860 shares of the technology company’s stock worth $49,000 after buying an additional 339 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Diebold Nixdorf by 325.9% in the 1st quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock worth $50,000 after acquiring an additional 880 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Diebold Nixdorf in the 2nd quarter worth about $105,000. New York State Teachers Retirement System bought a new position in Diebold Nixdorf in the 3rd quarter valued at about $132,000. Finally, Virtus Advisers LLC lifted its position in Diebold Nixdorf by 320.2% in the 3rd quarter. Virtus Advisers LLC now owns 2,332 shares of the technology company’s stock valued at $133,000 after acquiring an additional 1,777 shares in the last quarter. Institutional investors own 97.04% of the company’s stock.

Diebold Nixdorf Stock Performance

Shares of DBD stock opened at $77.71 on Thursday. The firm has a 50-day moving average of $75.21 and a 200-day moving average of $67.18. The company has a market cap of $2.73 billion, a P/E ratio of 30.00 and a beta of 1.45. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.30 and a quick ratio of 0.92. Diebold Nixdorf, Incorporated has a one year low of $34.88 and a one year high of $84.46.

Diebold Nixdorf (NYSE:DBDGet Free Report) last released its quarterly earnings results on Thursday, February 12th. The technology company reported $3.02 earnings per share for the quarter, topping the consensus estimate of $1.73 by $1.29. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Diebold Nixdorf had a net margin of 2.49% and a return on equity of 16.33%. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. Equities research analysts forecast that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current fiscal year.

Insider Buying and Selling at Diebold Nixdorf

In other news, major shareholder Millstreet Capital Management sold 500,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $68.00, for a total value of $34,000,000.00. Following the completion of the transaction, the insider directly owned 5,216,672 shares of the company’s stock, valued at $354,733,696. This represents a 8.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.26% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have commented on DBD shares. Wedbush set a $100.00 price objective on Diebold Nixdorf in a report on Friday, February 13th. Weiss Ratings upgraded Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a report on Tuesday, February 17th. Finally, DA Davidson lifted their target price on Diebold Nixdorf from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $100.00.

Read Our Latest Report on DBD

Diebold Nixdorf Company Profile

(Free Report)

Diebold Nixdorf, Inc (NYSE: DBD) is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company’s core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.

Further Reading

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Institutional Ownership by Quarter for Diebold Nixdorf (NYSE:DBD)

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