XTX Topco Ltd Purchases 4,288 Shares of Diebold Nixdorf, Incorporated $DBD

XTX Topco Ltd boosted its position in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 37.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,803 shares of the technology company’s stock after acquiring an additional 4,288 shares during the period. XTX Topco Ltd’s holdings in Diebold Nixdorf were worth $875,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Diebold Nixdorf by 1.8% during the first quarter. Vanguard Group Inc. now owns 1,890,777 shares of the technology company’s stock worth $82,665,000 after purchasing an additional 33,149 shares in the last quarter. Invesco Ltd. grew its stake in Diebold Nixdorf by 46.2% during the 1st quarter. Invesco Ltd. now owns 17,978 shares of the technology company’s stock worth $786,000 after buying an additional 5,681 shares during the last quarter. Nuveen LLC purchased a new position in Diebold Nixdorf during the 1st quarter worth $10,796,000. Russell Investments Group Ltd. increased its position in Diebold Nixdorf by 19.0% during the 1st quarter. Russell Investments Group Ltd. now owns 40,870 shares of the technology company’s stock valued at $1,787,000 after buying an additional 6,537 shares in the last quarter. Finally, Brandywine Global Investment Management LLC raised its stake in Diebold Nixdorf by 13.8% in the first quarter. Brandywine Global Investment Management LLC now owns 136,448 shares of the technology company’s stock valued at $5,966,000 after buying an additional 16,581 shares during the last quarter. 97.04% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Diebold Nixdorf

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

Diebold Nixdorf Trading Up 0.7%

Shares of NYSE:DBD opened at $65.00 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 1.36 and a debt-to-equity ratio of 0.84. Diebold Nixdorf, Incorporated has a 52-week low of $34.88 and a 52-week high of $66.28. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of -191.17 and a beta of 1.59. The business has a 50-day moving average price of $59.78 and a 200-day moving average price of $57.57.

Diebold Nixdorf (NYSE:DBD) last issued its earnings results 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 positive return on equity of 7.92% and a negative net margin of 0.35%.The firm had revenue of $945.20 million for the quarter, compared to analyst estimates of $947.43 million. Equities analysts predict that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.

Diebold Nixdorf declared that its board has initiated a share repurchase plan on Wednesday, August 6th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the technology company to repurchase up to 4.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on DBD. DA Davidson restated a “buy” rating and set a $80.00 price target on shares of Diebold Nixdorf in a research note on Tuesday, August 19th. Wedbush reaffirmed an “outperform” rating and issued a $80.00 price objective on shares of Diebold Nixdorf in a research report on Tuesday, November 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of Diebold Nixdorf in a research report on Tuesday, November 25th. Finally, Wall Street Zen upgraded shares of Diebold Nixdorf from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $80.00.

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.