Amalgamated Bank Purchases Shares of 875 Diebold Nixdorf, Incorporated (NYSE:DBD)

Amalgamated Bank acquired a new position in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 875 shares of the technology company’s stock, valued at approximately $34,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. nVerses Capital LLC bought a new stake in shares of Diebold Nixdorf in the 2nd quarter valued at $35,000. SG Americas Securities LLC bought a new stake in Diebold Nixdorf during the first quarter valued at $105,000. Summit Securities Group LLC acquired a new stake in Diebold Nixdorf during the 2nd quarter worth about $125,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Diebold Nixdorf by 215.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,770 shares of the technology company’s stock worth $145,000 after acquiring an additional 2,576 shares in the last quarter. Finally, Cannon Global Investment Management LLC bought a new stake in shares of Diebold Nixdorf during the 1st quarter valued at about $276,000. 97.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DBD. DA Davidson increased their price target on Diebold Nixdorf from $55.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, August 9th. StockNews.com cut shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a report on Thursday, July 11th. Finally, Wedbush reiterated an “outperform” rating and set a $50.00 price objective on shares of Diebold Nixdorf in a report on Thursday, September 12th.

Insider Buying and Selling at Diebold Nixdorf

In other Diebold Nixdorf news, EVP Frank Tobias Baur purchased 1,150 shares of the business’s stock in a transaction on Tuesday, August 27th. The stock was acquired at an average cost of $40.58 per share, for a total transaction of $46,667.00. Following the completion of the transaction, the executive vice president now directly owns 24,262 shares in the company, valued at approximately $984,551.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, EVP Frank Tobias Baur bought 1,150 shares of the stock in a transaction dated Tuesday, August 27th. The stock was bought at an average price of $40.58 per share, for a total transaction of $46,667.00. Following the purchase, the executive vice president now directly owns 24,262 shares in the company, valued at approximately $984,551.96. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Thomas S. Timko bought 1,400 shares of the stock in a transaction dated Friday, August 9th. The stock was purchased at an average price of $38.71 per share, with a total value of $54,194.00. Following the purchase, the chief financial officer now owns 48,219 shares in the company, valued at $1,866,557.49. The disclosure for this purchase can be found here. Insiders purchased 3,650 shares of company stock valued at $141,935 in the last quarter. 0.04% of the stock is currently owned by corporate insiders.

Diebold Nixdorf Trading Down 3.1 %

NYSE:DBD opened at $43.28 on Wednesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.95 and a current ratio of 1.42. The firm has a market cap of $1.63 billion and a price-to-earnings ratio of 7.42. Diebold Nixdorf, Incorporated has a 52 week low of $17.38 and a 52 week high of $47.73. The firm has a 50-day moving average price of $41.50 and a two-hundred day moving average price of $39.44.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Wednesday, August 7th. The technology company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.05. Diebold Nixdorf had a return on equity of 226.25% and a net margin of 56.28%. The company had revenue of $939.70 million during the quarter, compared to analysts’ expectations of $899.30 million. On average, equities analysts expect that Diebold Nixdorf, Incorporated will post 5.3 earnings per share for the current fiscal year.

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.