UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 2,269 Shares of Diebold Nixdorf, Incorporated (NYSE:DBD)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 12.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,696 shares of the technology company’s stock after selling 2,269 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Diebold Nixdorf were worth $746,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of DBD. Allspring Global Investments Holdings LLC boosted its holdings in shares of Diebold Nixdorf by 4.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 765,514 shares of the technology company’s stock valued at $34,188,000 after buying an additional 31,152 shares during the period. Dimensional Fund Advisors LP increased its holdings in Diebold Nixdorf by 89.9% during the 2nd 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 in the last quarter. William Blair Investment Management LLC acquired a new stake in shares of Diebold Nixdorf in the 2nd quarter valued at about $12,849,000. Charles Schwab Investment Management Inc. boosted its position in shares of Diebold Nixdorf by 1.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 279,093 shares of the technology company’s stock worth $12,464,000 after buying an additional 4,155 shares during the period. Finally, Skylands Capital LLC grew its holdings in shares of Diebold Nixdorf by 24.1% during the second quarter. Skylands Capital LLC now owns 252,100 shares of the technology company’s stock worth $9,701,000 after buying an additional 49,000 shares in the last quarter. 97.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on DBD shares. StockNews.com downgraded Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Friday, October 11th. Wedbush reiterated an “outperform” rating and issued a $60.00 price target (up from $50.00) on shares of Diebold Nixdorf in a research note on Wednesday, December 11th.

Diebold Nixdorf Stock Performance

Shares of NYSE DBD opened at $43.51 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.96 and a current ratio of 1.45. The stock has a 50 day moving average price of $45.51 and a 200 day moving average price of $42.76. The stock has a market capitalization of $1.63 billion, a PE ratio of 334.72 and a beta of 1.85. Diebold Nixdorf, Incorporated has a 52 week low of $27.48 and a 52 week high of $51.81.

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.