Public Employees Retirement System of Ohio reduced its stake in shares of Diebold Nixdorf, Incorporated (NYSE:DBD – Free Report) by 13.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,633 shares of the technology company’s stock after selling 561 shares during the period. Public Employees Retirement System of Ohio’s holdings in Diebold Nixdorf were worth $162,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in DBD. William Blair Investment Management LLC purchased a new stake in Diebold Nixdorf during the 2nd quarter valued at about $12,849,000. Dimensional Fund Advisors LP lifted its holdings in shares of Diebold Nixdorf by 89.9% during the second quarter. Dimensional Fund Advisors LP now owns 418,549 shares of the technology company’s stock worth $16,103,000 after purchasing an additional 198,177 shares during the period. Royce & Associates LP purchased a new stake in Diebold Nixdorf in the third quarter valued at approximately $7,901,000. Renaissance Technologies LLC increased its holdings in Diebold Nixdorf by 233.4% in the 2nd quarter. Renaissance Technologies LLC now owns 249,700 shares of the technology company’s stock worth $9,608,000 after buying an additional 174,800 shares during the period. Finally, State Street Corp raised its position in Diebold Nixdorf by 21.6% during the 3rd quarter. State Street Corp now owns 505,002 shares of the technology company’s stock worth $22,553,000 after buying an additional 89,840 shares during the last quarter. 97.04% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
DBD has been the topic of a number of research reports. Wedbush reiterated an “outperform” rating and issued a $60.00 price objective (up previously from $50.00) on shares of Diebold Nixdorf in a research note on Wednesday, December 11th. StockNews.com downgraded Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Friday, October 11th.
Diebold Nixdorf Trading Up 0.8 %
Diebold Nixdorf stock opened at $43.86 on Friday. The firm has a market cap of $1.65 billion, a PE ratio of 337.41 and a beta of 1.85. Diebold Nixdorf, Incorporated has a 12 month low of $27.51 and a 12 month high of $51.81. The stock’s 50 day simple moving average is $45.47 and its two-hundred day simple moving average is $42.76. The company has a current ratio of 1.45, a quick ratio of 0.96 and a debt-to-equity ratio of 1.02.
About Diebold Nixdorf
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.
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