O Shaughnessy Asset Management LLC Has $2.19 Million Stock Holdings in Diebold Nixdorf, Incorporated (NYSE:DBD)

O Shaughnessy Asset Management LLC boosted its holdings in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 852.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,913 shares of the technology company’s stock after buying an additional 45,567 shares during the period. O Shaughnessy Asset Management LLC owned approximately 0.14% of Diebold Nixdorf worth $2,191,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Diebold Nixdorf by 1.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 279,093 shares of the technology company’s stock valued at $12,464,000 after purchasing an additional 4,155 shares during the period. FMR LLC increased its stake in Diebold Nixdorf by 381,028.6% in the 3rd quarter. FMR LLC now owns 26,679 shares of the technology company’s stock valued at $1,191,000 after buying an additional 26,672 shares during the period. MetLife Investment Management LLC lifted its position in Diebold Nixdorf by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 14,773 shares of the technology company’s stock worth $660,000 after buying an additional 8,324 shares in the last quarter. Verition Fund Management LLC acquired a new stake in shares of Diebold Nixdorf during the 3rd quarter valued at $367,000. Finally, State Street Corp grew its holdings in shares of Diebold Nixdorf by 21.6% during the 3rd quarter. State Street Corp now owns 505,002 shares of the technology company’s stock valued at $22,553,000 after acquiring an additional 89,840 shares in the last quarter. 97.04% of the stock is owned by hedge funds and other institutional investors.

Diebold Nixdorf Stock Performance

Shares of DBD opened at $38.13 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.32 and a quick ratio of 0.90. Diebold Nixdorf, Incorporated has a one year low of $30.37 and a one year high of $51.81. The company’s fifty day moving average price is $43.64 and its 200 day moving average price is $44.21. The company has a market capitalization of $1.43 billion, a PE ratio of -86.66 and a beta of 1.73.

Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings results on Wednesday, February 12th. The technology company reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.25). Diebold Nixdorf had a negative net margin of 0.44% and a positive return on equity of 14.28%. As a group, analysts expect that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current year.

Diebold Nixdorf announced that its Board of Directors has authorized a share repurchase plan on Wednesday, February 12th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 5.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at Diebold Nixdorf

In related news, Director Emanuel R. Pearlman sold 2,000 shares of the company’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $43.68, for a total value of $87,360.00. Following the sale, the director now owns 40,000 shares of the company’s stock, valued at $1,747,200. The trade was a 4.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.26% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on DBD shares. CJS Securities upgraded Diebold Nixdorf to a “strong-buy” rating in a report on Tuesday. Wedbush reaffirmed an “outperform” rating and set a $60.00 price target on shares of Diebold Nixdorf in a research note on Thursday, February 13th. DA Davidson boosted 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. Finally, StockNews.com cut shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th.

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.