Qube Research & Technologies Ltd Makes New $687000 Investment in Diebold Nixdorf, Incorporated (NYSE:DBD) – Defense World
Posted by admin on Aug 21st, 2022 
Qube Research & Technologies Ltd bought a new position in Diebold Nixdorf, Incorporated (NYSE:DBD – Get Rating) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 102,136 shares of the technology company’s stock, valued at approximately $687,000. Qube Research & Technologies Ltd owned approximately 0.13% of Diebold Nixdorf at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Everence Capital Management Inc. bought a new position in shares of Diebold Nixdorf in the 1st quarter worth $95,000. Teacher Retirement System of Texas increased its holdings in shares of Diebold Nixdorf by 22.2% in the 4th quarter. Teacher Retirement System of Texas now owns 14,534 shares of the technology company’s stock worth $132,000 after buying an additional 2,638 shares during the last quarter. ProShare Advisors LLC increased its holdings in shares of Diebold Nixdorf by 62.3% in the 4th quarter. ProShare Advisors LLC now owns 18,007 shares of the technology company’s stock worth $163,000 after buying an additional 6,910 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Diebold Nixdorf by 41.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 19,900 shares of the technology company’s stock worth $186,000 after buying an additional 5,800 shares during the last quarter. Finally, Corton Capital Inc. bought a new position in shares of Diebold Nixdorf during the 4th quarter valued at $212,000. 82.41% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities research analysts have issued reports on the stock. Wedbush raised shares of Diebold Nixdorf from a “neutral” rating to an “outperform” rating and set a $5.00 price target on the stock in a report on Friday, July 8th. JPMorgan Chase & Co. cut shares of Diebold Nixdorf from a “neutral” rating to an “underweight” rating in a report on Friday, August 12th. DA Davidson reduced their price target on shares of Diebold Nixdorf from $15.00 to $7.00 in a research note on Wednesday, April 27th. Finally, StockNews.com upgraded shares of Diebold Nixdorf from a “sell” rating to a “hold” rating in a research note on Wednesday, August 3rd.
Shares of NYSE:DBD opened at $3.54 on Friday. Diebold Nixdorf, Incorporated has a 1-year low of $2.12 and a 1-year high of $11.29. The company has a market capitalization of $279.87 million, a P/E ratio of -0.66 and a beta of 3.11. The firm’s 50 day simple moving average is $3.16 and its two-hundred day simple moving average is $4.88.
Diebold Nixdorf (NYSE:DBD – Get Rating) last posted its quarterly earnings results on Tuesday, August 2nd. The technology company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.60. Diebold Nixdorf had a negative return on equity of 7.51% and a negative net margin of 11.42%. The company had revenue of $851.70 million for the quarter, compared to analysts’ expectations of $886.96 million. During the same period in the previous year, the firm earned $0.10 EPS. The firm’s revenue was down 9.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Diebold Nixdorf, Incorporated will post -0.55 earnings per share for the current fiscal year.
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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.
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