Diebold Nixdorf, Incorporated (NYSE:DBD) Shares Sold by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC decreased its stake in Diebold Nixdorf, Incorporated (NYSE:DBDGet Rating) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 141,724 shares of the technology company’s stock after selling 10,000 shares during the period. Quinn Opportunity Partners LLC owned approximately 0.18% of Diebold Nixdorf worth $1,283,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. GSA Capital Partners LLP raised its position in Diebold Nixdorf by 6.8% during the fourth quarter. GSA Capital Partners LLP now owns 23,721 shares of the technology company’s stock worth $215,000 after acquiring an additional 1,516 shares during the last quarter. Huntington National Bank raised its position in Diebold Nixdorf by 56.0% during the fourth quarter. Huntington National Bank now owns 5,850 shares of the technology company’s stock worth $53,000 after acquiring an additional 2,100 shares during the last quarter. Metropolitan Life Insurance Co NY raised its position in Diebold Nixdorf by 13.5% during the third quarter. Metropolitan Life Insurance Co NY now owns 17,702 shares of the technology company’s stock worth $179,000 after acquiring an additional 2,112 shares during the last quarter. Royal Bank of Canada raised its position in Diebold Nixdorf by 41.5% during the third quarter. Royal Bank of Canada now owns 7,677 shares of the technology company’s stock worth $78,000 after acquiring an additional 2,251 shares during the last quarter. Finally, California State Teachers Retirement System raised its position in Diebold Nixdorf by 2.4% during the third quarter. California State Teachers Retirement System now owns 101,400 shares of the technology company’s stock worth $1,025,000 after acquiring an additional 2,378 shares during the last quarter. Hedge funds and other institutional investors own 82.41% of the company’s stock.

In other Diebold Nixdorf news, Director Gary G. Greenfield acquired 25,000 shares of the firm’s stock in a transaction on Thursday, May 12th. The stock was bought at an average cost of $2.40 per share, for a total transaction of $60,000.00. Following the completion of the purchase, the director now directly owns 154,919 shares in the company, valued at $371,805.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Bruce H. Besanko acquired 7,152 shares of the firm’s stock in a transaction on Monday, May 16th. The shares were acquired at an average price of $3.50 per share, with a total value of $25,032.00. Following the completion of the purchase, the director now owns 100,726 shares of the company’s stock, valued at $352,541. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 104,756 shares of company stock valued at $260,898. 4.18% of the stock is owned by insiders.

Diebold Nixdorf stock opened at $3.15 on Friday. Diebold Nixdorf, Incorporated has a 1 year low of $2.20 and a 1 year high of $14.95. The firm has a 50 day moving average price of $4.85 and a 200 day moving average price of $7.41.

Diebold Nixdorf (NYSE:DBDGet Rating) last released its earnings results on Tuesday, May 10th. The technology company reported ($1.61) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.22) by ($1.39). Diebold Nixdorf had a negative net margin of 6.69% and a negative return on equity of 7.51%. The company had revenue of $829.80 million during the quarter, compared to analysts’ expectations of $914.75 million. During the same quarter in the previous year, the firm posted $0.29 earnings per share. Diebold Nixdorf’s revenue for the quarter was down 12.1% compared to the same quarter last year. On average, research analysts predict that Diebold Nixdorf, Incorporated will post -0.78 earnings per share for the current year.

A number of equities research analysts have recently commented on DBD shares. Zacks Investment Research downgraded shares of Diebold Nixdorf from a “hold” rating to a “sell” rating in a report on Wednesday, April 13th. DA Davidson lowered their price target on shares of Diebold Nixdorf from $15.00 to $7.00 in a report on Wednesday, April 27th. Wedbush reiterated a “neutral” rating and set a $10.00 price target on shares of Diebold Nixdorf in a report on Thursday, May 5th. JPMorgan Chase & Co. downgraded shares of Diebold Nixdorf from an “overweight” rating to a “neutral” rating in a report on Tuesday, May 10th. Finally, StockNews.com started coverage on shares of Diebold Nixdorf in a report on Thursday, March 31st. They set a “hold” rating for the company.

Diebold Nixdorf Profile (Get Rating)

Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in Western Europe, Eastern Europe, Asia, the Middle East, Africa, the United States, Canada, Mexico, and Latin America. It operates through Eurasia Banking, Americas Banking, and Retail segments.

Further Reading

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Institutional Ownership by Quarter for Diebold Nixdorf (NYSE:DBD)

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