The stock rose 1.04% or $0.82 reaching $79.72 per share. State Street Corp owned about 3.21% of Diebold, worth $67,796,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Creative Planning increased its stake in shares of Diebold, by 2.3% during the second quarter. In the last 12 months, there have been 31 open market buys by insiders and 13 sells for a total of 44 insider trades. Coastline Trust Co raised its position in shares of Diebold, by 3.2% during the second quarter. Also, Director Gale S. Fitzgerald bought 5,000 shares of the company's stock in a transaction on Wednesday, August 23rd. Wells Fargo & Company MN lifted its position in Diebold, by 1.9% in the 2nd quarter. Coastline Trust Co now owns 8,645 shares of the technology company's stock valued at $242,000 after buying an additional 270 shares during the last quarter. LS Investment Advisors LLC now owns 5,771 shares of the technology company's stock worth $162,000 after acquiring an additional 899 shares during the period. Insiders have purchased 17,750 shares of company stock valued at $331,770 in the last ninety days.
Hutchin Hill Cap Lp has invested 0.03% in Diebold Nixdorf Inc (NYSE:DBD). If you are accessing this story on another publication, it was copied illegally and republished in violation of United States and worldwide copyright & trademark laws. Nordea Investment invested 0.01% of its portfolio in Diebold Nixdorf Inc (NYSE:DBD). Finally, Advisor Consultant Network Inc. purchased a new stake in shares of Diebold during the third quarter worth about $5,004,000. The shares were acquired at an average price of $18.14 per share, for a total transaction of $90,700.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.
In related news, Director Henry D.G. Wallace purchased 10,000 shares of the company's stock in a transaction that occurred on Monday, August 21st.
A number of analysts recently commented on the stock. JPMorgan Chase & Co. raised Diebold from a neutral rating to an overweight rating and set a $33.00 price objective on the stock in a report on Monday, September 26th. Finally, Credit Suisse Group reiterated an "outperform" rating on shares of Diebold, in a research note on Tuesday, September 5th. Lake Street Capital downgraded shares of Diebold, from a "buy" rating to a "hold" rating and reduced their price target for the company from $30.00 to $23.00 in a report on Tuesday, October 31st. KeyBanc Capital Markets maintained the shares of DBD in report on Wednesday, August 23 with "Hold" rating.
Zacks Investment Research downgraded shares of Diebold Inc. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The consensus recommendation rating is a Hold. Moreover, Lapides Asset Management Llc has 1.83% invested in the company for 338,600 shares. The stock closed the regular trading session at $17.85 yesterday, compared to the closing price of $18.15 the previous day - a change of -1.65 percent. The company has a debt-to-equity ratio of 3.00, a current ratio of 1.47 and a quick ratio of 1.01. Three analysts have issued estimates for Diebold, 's earnings, with the lowest sales estimate coming in at $1.16 billion and the highest estimate coming in at $1.18 billion.
Diebold, (NYSE:DBD) last issued its quarterly earnings results on Tuesday, October 31st. After $0.53 actual EPS reported by Peoples Bancorp Inc. for the previous quarter, Wall Street now forecasts -7.55% negative EPS growth. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.17 billion. Diebold had a return on equity of 14.62% and a net margin of 2.99%. Diebold's quarterly revenue was up 66.8% compared to the same quarter past year.
Brokerages expect Diebold, Incorporated (NYSE:DBD) to announce sales of $1.17 billion for the current fiscal quarter, Zacks reports.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 17th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, November 16th. Teachers Retirement Systems Of The State Of Kentucky stated it has 0% of its portfolio in Diebold Nixdorf Inc (NYSE:DBD). Diebold, 's payout ratio is now -10.90%.