Public Employees Retirement System of Ohio Invests $79,000 in Diebold Nixdorf, Incorporated (NYSE:DBD)

Public Employees Retirement System of Ohio purchased a new stake in Diebold Nixdorf, Incorporated (NYSE:DBD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,194 shares of the technology company’s stock, valued at approximately $79,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Swiss National Bank lifted its position in Diebold Nixdorf by 8.2% during the 1st quarter. Swiss National Bank now owns 176,059 shares of the technology company’s stock worth $1,185,000 after buying an additional 13,400 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Diebold Nixdorf by 11.4% during the first quarter. JPMorgan Chase & Co. now owns 62,934 shares of the technology company’s stock worth $423,000 after purchasing an additional 6,422 shares in the last quarter. Raymond James & Associates acquired a new position in shares of Diebold Nixdorf during the first quarter worth approximately $103,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of Diebold Nixdorf by 25.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 44,100 shares of the technology company’s stock valued at $297,000 after purchasing an additional 8,938 shares during the last quarter. Finally, MetLife Investment Management LLC increased its holdings in shares of Diebold Nixdorf by 14.9% in the first 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. Institutional investors own 97.04% of the company’s stock.

Analyst Ratings Changes

DBD has been the subject of a number of recent research reports. Wedbush restated a “neutral” rating and set a $25.00 target price on shares of Diebold Nixdorf in a research report on Monday, February 12th. StockNews.com upgraded shares of Diebold Nixdorf from a “hold” rating to a “buy” rating in a research report on Friday, March 22nd.

Insider Transactions at Diebold Nixdorf

In other Diebold Nixdorf news, CEO Octavio Marquez acquired 1,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were acquired at an average price of $34.27 per share, with a total value of $34,270.00. Following the completion of the transaction, the chief executive officer now directly owns 133,661 shares in the company, valued at approximately $4,580,562.47. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Diebold Nixdorf news, major shareholder Millstreet Capital Management sold 457,715 shares of the company’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $33.95, for a total transaction of $15,539,424.25. Following the sale, the insider now directly owns 6,477,361 shares of the company’s stock, valued at $219,906,405.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Octavio Marquez purchased 1,000 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were purchased at an average cost of $34.27 per share, for a total transaction of $34,270.00. Following the completion of the transaction, the chief executive officer now directly owns 133,661 shares of the company’s stock, valued at approximately $4,580,562.47. The disclosure for this purchase can be found here. Insiders have sold a total of 458,115 shares of company stock valued at $15,552,956 over the last 90 days. 0.04% of the stock is owned by corporate insiders.

Diebold Nixdorf Stock Performance

Shares of NYSE DBD opened at $34.49 on Friday. The firm has a 50 day moving average price of $32.96 and a 200 day moving average price of $26.50. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.10 and a current ratio of 1.52. Diebold Nixdorf, Incorporated has a 52-week low of $16.50 and a 52-week high of $35.94.

Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings results on Wednesday, February 14th. The technology company reported $3.02 earnings per share for the quarter, beating the consensus estimate of $1.39 by $1.63. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. On average, sell-side analysts forecast that Diebold Nixdorf, Incorporated will post 3.94 EPS for the current year.

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.