NYL Investors LLC Has $1.65 Million Position in Diebold Nixdorf, Incorporated (NYSE:DBD)

NYL Investors LLC lowered its stake in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 13.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 36,980 shares of the technology company’s stock after selling 5,802 shares during the period. Diebold Nixdorf accounts for about 0.1% of NYL Investors LLC’s holdings, making the stock its 29th biggest position. NYL Investors LLC’s holdings in Diebold Nixdorf were worth $1,652,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Amalgamated Bank acquired a new position in Diebold Nixdorf in the second quarter valued at about $34,000. nVerses Capital LLC bought a new stake in Diebold Nixdorf in the second quarter valued at approximately $35,000. SG Americas Securities LLC bought a new stake in Diebold Nixdorf in the first quarter valued at approximately $105,000. Summit Securities Group LLC bought a new stake in Diebold Nixdorf in the second quarter valued at approximately $125,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Diebold Nixdorf by 215.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,770 shares of the technology company’s stock valued at $145,000 after purchasing an additional 2,576 shares in the last quarter. Institutional investors and hedge funds own 97.04% of the company’s stock.

Insider Buying and Selling

In other news, EVP Frank Tobias Baur acquired 1,150 shares of the business’s stock in a transaction dated Tuesday, August 27th. The stock was purchased at an average cost of $40.58 per share, for a total transaction of $46,667.00. Following the acquisition, the executive vice president now owns 24,262 shares of the company’s stock, valued at $984,551.96. This trade represents a 4.98 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.04% of the stock is owned by company insiders.

Diebold Nixdorf Stock Down 0.1 %

NYSE:DBD traded down $0.02 on Friday, hitting $39.09. The stock had a trading volume of 27,158 shares, compared to its average volume of 187,089. 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 market cap of $1.47 billion, a P/E ratio of 300.72 and a beta of 2.15. Diebold Nixdorf, Incorporated has a 1 year low of $22.66 and a 1 year high of $51.81. The firm’s fifty day simple moving average is $44.18 and its two-hundred day simple moving average is $41.92.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. StockNews.com downgraded shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Friday, October 11th. Wedbush reaffirmed an “outperform” rating and issued a $50.00 target price on shares of Diebold Nixdorf in a research report on Monday, November 4th. Finally, DA Davidson raised their target price on shares of Diebold Nixdorf from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, August 9th.

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.