Insiders Have Increased Positions in: Diebold Nixdorf, Incorporated (NYSE:DBD)

Cornelia Mascio
Novembre 14, 2017

KeyCorp restated a "hold" rating on shares of Diebold, in a report on Friday, October 20th. Northcoast Research analyst K. Mehta now expects that the technology company will post earnings of $1.13 per share for the year, up from their previous forecast of $0.95.

DBD has been the subject of a number of recent research reports. Zacks Investment Research lowered Diebold, from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 19th. J P Morgan Chase & Co cut shares of Diebold, from an "overweight" rating to a "neutral" rating and set a $31.00 price target on the stock.in a research report on Tuesday, August 8th. Diebold Nixdorf Inc (NYSE:DBD) has risen 12.54% since November 13, 2016 and is uptrending. Finally, Imperial Capital set a $24.00 target price on Diebold, and gave the company a "hold" rating in a research note on Tuesday, October 17th.

Among 9 analysts covering Diebold Inc (NYSE:DBD), 4 have Buy rating, 0 Sell and 5 Hold. Diebold, presently has a consensus rating of "Hold" and a consensus price target of $28.00. If you are reading this piece of content on another website, it was stolen and reposted in violation of USA & global trademark & copyright legislation. The legal version of this piece can be viewed at https://www.dispatchtribunal.com/2017/11/12/northcoast-research-comments-on-diebold-incorporateds-fy2017-earnings-dbd.html.

Company insiders at Diebold Nixdorf, Incorporated (NYSE:DBD) have increased their position in the stock by 5.85% over the past 6 months. The firm has a market capitalization of $1.72 billion, a PE ratio of 19.92 and a beta of 1.87. The company has a debt-to-equity ratio of 3.00, a quick ratio of 1.01 and a current ratio of 1.47. Diebold, has a 1-year low of $17.75 and a 1-year high of $31.85.

Media coverage about Diebold, (NYSE:DBD) has trended somewhat positive this week, Accern Sentiment reports. The technology company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.40. The business had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.17 billion. The firm's quarterly revenue was up 14.2% on a year-over-year basis.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 9th. Investors of record on Friday, November 17th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, November 16th. Diebold's dividend payout ratio is 29.85%.

In related news, SVP Alan Kerr purchased 2,750 shares of the company's stock in a transaction that occurred on Friday, November 3rd. The stock was bought at an average cost of $18.28 per share, with a total value of $50,270.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The stock was acquired at an average price of $18.14 per share, with a total value of $90,700.00. The disclosure for this purchase can be found here. Company insiders own 1.37% of the company's stock.

Several large investors have recently modified their holdings of DBD. BlackRock Inc. lifted its position in Diebold, by 19,292.0% in the 1st quarter. It increased, as 26 investors sold Diebold Nixdorf Inc shares while 59 reduced holdings. OppenheimerFunds Inc. grew its stake in shares of Diebold, by 23.0% during the first quarter. OppenheimerFunds Inc. now owns 38,305 shares of the technology company's stock valued at $1,176,000 after purchasing an additional 7,158 shares during the last quarter.

More notable recent Diebold Nixdorf Inc (NYSE:DBD) news were published by: Seekingalpha.com which released: "Diebold drops after NCR earnings miss" on October 20, 2017, also Reuters.com with their article: "BRIEF-Diebold Nixdorf Inc - GARY G. Greenfield, will become chairman of board ..." published on October 31, 2017, Twst.com published: "Diebold Nixdorf Inc.: Diebold Nixdorf Reports 2017 Third Quarter Financial Results" on October 31, 2017. Public Employees Retirement System of OH increased its stake in shares of Diebold, by 4.1% in the second quarter. Public Employees Retirement System of OH now owns 6,923 shares of the technology company's stock worth $194,000 after buying an additional 271 shares during the last quarter. Vanguard Group Inc. lifted its position in Diebold, by 3.1% in the 2nd quarter.

According to Zacks, "Diebold Incorporated develops, manufactures, sells and services automated teller machines, electronic and physical security systems, various products used to equip bank facilities, software and integrated systems for global financial and commercial markets". The Company's segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA).

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