NYL Investors LLC Sells 5,802 Shares of Diebold Nixdorf, Incorporated (NYSE:DBD)

NYL Investors LLC decreased its holdings in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 13.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). 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 portfolio, making the stock its 29th biggest position. NYL Investors LLC owned 0.10% of Diebold Nixdorf worth $1,652,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in Diebold Nixdorf by 2.9% in the 1st quarter. Vanguard Group Inc. now owns 1,378,120 shares of the technology company’s stock worth $47,462,000 after buying an additional 38,248 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Diebold Nixdorf by 4.2% during 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 acquiring an additional 31,152 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Diebold Nixdorf by 89.9% during the second quarter. Dimensional Fund Advisors LP now owns 418,549 shares of the technology company’s stock valued at $16,103,000 after acquiring an additional 198,177 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in Diebold Nixdorf in the second quarter worth about $12,849,000. Finally, Skylands Capital LLC raised its stake in shares of Diebold Nixdorf by 24.1% in 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 during the period. 97.04% of the stock is owned by institutional investors and hedge funds.

Diebold Nixdorf Stock Performance

DBD traded down $0.02 during trading on Friday, reaching $39.09. The company’s stock had a trading volume of 27,158 shares, compared to its average volume of 187,089. The company’s fifty day moving average price is $44.18 and its 200-day moving average price is $41.92. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of 300.72 and a beta of 2.15. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.96 and a current ratio of 1.45. Diebold Nixdorf, Incorporated has a 52-week low of $22.66 and a 52-week high of $51.81.

Analyst Ratings Changes

Several research firms have weighed in on DBD. StockNews.com cut Diebold Nixdorf from a “buy” rating to a “hold” rating in a report on Friday, October 11th. DA Davidson lifted their target price on Diebold Nixdorf from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, August 9th. Finally, Wedbush reissued an “outperform” rating and issued a $50.00 price target on shares of Diebold Nixdorf in a research report on Monday, November 4th.

Insider Buying and Selling at Diebold Nixdorf

In related news, EVP Frank Tobias Baur bought 1,150 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were acquired at an average price of $40.58 per share, for a total transaction of $46,667.00. Following the purchase, the executive vice president now owns 24,262 shares in the company, valued at $984,551.96. This trade represents a 4.98 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.04% of the stock is currently owned by insiders.

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.