Charles Schwab Investment Management Inc. Acquires 4,155 Shares of Diebold Nixdorf, Incorporated (NYSE:DBD)

Charles Schwab Investment Management Inc. increased its stake in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 1.5% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 279,093 shares of the technology company’s stock after purchasing an additional 4,155 shares during the period. Charles Schwab Investment Management Inc. owned 0.74% of Diebold Nixdorf worth $12,464,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Amalgamated Bank bought a new stake in Diebold Nixdorf during the second quarter valued at $34,000. nVerses Capital LLC bought a new position in shares of Diebold Nixdorf during the 2nd quarter valued at about $35,000. Summit Securities Group LLC bought a new position in Diebold Nixdorf during the second quarter valued at approximately $125,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Diebold Nixdorf by 215.7% during the 2nd 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 during the last quarter. Finally, SG Americas Securities LLC lifted its stake in Diebold Nixdorf by 149.8% in the second quarter. SG Americas Securities LLC now owns 7,593 shares of the technology company’s stock worth $292,000 after purchasing an additional 4,553 shares during the last quarter. Hedge funds and other institutional investors own 97.04% of the company’s stock.

Diebold Nixdorf Trading Up 1.4 %

NYSE DBD opened at $46.89 on Monday. Diebold Nixdorf, Incorporated has a twelve month low of $27.18 and a twelve month high of $51.81. The firm has a market capitalization of $1.76 billion, a PE ratio of 360.72 and a beta of 1.85. The stock’s 50 day moving average is $44.91 and its 200 day moving average is $42.54. The company has a quick ratio of 0.96, a current ratio of 1.45 and a debt-to-equity ratio of 1.02.

Analysts Set New Price Targets

A number of research firms recently commented on DBD. Wedbush reiterated an “outperform” rating and set a $50.00 price target on shares of Diebold Nixdorf in a report on Monday, November 4th. StockNews.com lowered Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Friday, October 11th.

Diebold Nixdorf Profile

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.