Diebold Nixdorf, Incorporated (NYSE:DBD) Shares Acquired by Cerity Partners LLC

Cerity Partners LLC lifted its holdings in Diebold Nixdorf, Incorporated (NYSE:DBDGet Rating) by 198.2% during the second quarter, Holdings Channel reports. The fund owned 44,700 shares of the technology company’s stock after buying an additional 29,710 shares during the quarter. Cerity Partners LLC’s holdings in Diebold Nixdorf were worth $102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Diebold Nixdorf in the second quarter worth about $91,000. Raymond James & Associates acquired a new position in Diebold Nixdorf in the first quarter valued at approximately $103,000. Everence Capital Management Inc. boosted its position in Diebold Nixdorf by 314.3% in the 2nd quarter. Everence Capital Management Inc. now owns 58,700 shares of the technology company’s stock worth $133,000 after purchasing an additional 44,530 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Diebold Nixdorf during the 1st quarter worth approximately $175,000. Finally, MetLife Investment Management LLC increased its holdings in shares of Diebold Nixdorf by 14.9% during the 1st quarter. MetLife Investment Management LLC now owns 28,775 shares of the technology company’s stock valued at $194,000 after purchasing an additional 3,730 shares in the last quarter. Hedge funds and other institutional investors own 84.67% of the company’s stock.

Diebold Nixdorf Price Performance

Shares of DBD stock opened at $2.23 on Thursday. Diebold Nixdorf, Incorporated has a 1-year low of $1.91 and a 1-year high of $11.00. The company has a market cap of $176.34 million, a price-to-earnings ratio of -0.37 and a beta of 2.95. The stock has a 50 day simple moving average of $2.52 and a 200-day simple moving average of $2.93.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. DA Davidson downgraded shares of Diebold Nixdorf from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $5.00 to $3.00 in a report on Monday, October 24th. StockNews.com downgraded shares of Diebold Nixdorf from a “hold” rating to a “sell” rating in a research report on Friday, November 18th. Finally, JPMorgan Chase & Co. cut Diebold Nixdorf from a “neutral” rating to an “underweight” rating in a research report on Friday, August 12th.

Diebold Nixdorf Profile

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Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in Western Europe, Eastern Europe, Asia, the Middle East, Africa, the United States, Canada, Mexico, and Latin America. It operates through Eurasia Banking, Americas Banking, and Retail segments.

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

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