Diebold Nixdorf (DBD) Shares Down 5.7%

Shares of Diebold Nixdorf Inc (NYSE:DBD) fell 5.7% during mid-day trading on Monday . The stock traded as low as $15.60 and last traded at $15.85. 1,177,220 shares traded hands during trading, a decline of 22% from the average session volume of 1,505,063 shares. The stock had previously closed at $16.80.

Several research firms have recently issued reports on DBD. Credit Suisse Group reiterated an “outperform” rating and set a $19.00 price target (down previously from $25.00) on shares of Diebold Nixdorf in a research note on Wednesday, February 14th. ValuEngine upgraded Diebold Nixdorf from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. JPMorgan Chase & Co. decreased their price target on Diebold Nixdorf from $21.00 to $19.00 and set an “overweight” rating for the company in a research note on Wednesday, February 14th. Zacks Investment Research downgraded Diebold Nixdorf from a “hold” rating to a “sell” rating in a research note on Monday, January 29th. Finally, Imperial Capital restated a “hold” rating on shares of Diebold Nixdorf in a research note on Wednesday, December 13th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. Diebold Nixdorf currently has a consensus rating of “Hold” and a consensus price target of $20.80.

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The company has a market cap of $1,275.80, a P/E ratio of -5.06, a price-to-earnings-growth ratio of 4.82 and a beta of 2.11. The company has a debt-to-equity ratio of 3.53, a quick ratio of 0.98 and a current ratio of 1.39.

Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Tuesday, February 13th. The technology company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.05. Diebold Nixdorf had a positive return on equity of 14.90% and a negative net margin of 5.06%. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same quarter in the prior year, the company earned $0.32 EPS. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. sell-side analysts predict that Diebold Nixdorf Inc will post 1.16 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 16th. Investors of record on Monday, February 26th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $0.40 annualized dividend and a yield of 2.56%. Diebold Nixdorf’s payout ratio is -12.94%.

In other Diebold Nixdorf news, CFO Christopher A. Chapman bought 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average price of $16.05 per share, for a total transaction of $48,150.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.37% of the stock is owned by corporate insiders.

A number of large investors have recently made changes to their positions in the stock. Brown Advisory Inc. raised its holdings in Diebold Nixdorf by 35.3% in the 4th quarter. Brown Advisory Inc. now owns 13,920 shares of the technology company’s stock valued at $228,000 after acquiring an additional 3,634 shares in the last quarter. AMG National Trust Bank raised its holdings in Diebold Nixdorf by 4.2% in the 4th quarter. AMG National Trust Bank now owns 103,077 shares of the technology company’s stock valued at $1,685,000 after acquiring an additional 4,192 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in Diebold Nixdorf by 52.7% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,238 shares of the technology company’s stock valued at $280,000 after acquiring an additional 4,224 shares in the last quarter. Assetmark Inc. raised its holdings in Diebold Nixdorf by 185.8% in the 4th quarter. Assetmark Inc. now owns 6,801 shares of the technology company’s stock valued at $111,000 after acquiring an additional 4,421 shares in the last quarter. Finally, Zions Bancorporation acquired a new position in Diebold Nixdorf in the 3rd quarter valued at approximately $114,000.

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Diebold Nixdorf Company Profile

Diebold Nixdorf, Incorporated provides connected commerce services, software and technology. The Company’s geographic segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). These segments sell and service financial self-service (FSS), retail solutions and security systems.

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