Diebold, Incorporated (NYSE:DBD) COO Jurgen Wunram purchased 2,000 shares of the stock in a transaction that occurred on Monday, July 24th. The stock was bought at an average cost of $21.94 per share, with a total value of $43,880.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
Diebold, Incorporated (NYSE:DBD) traded down 0.44% during mid-day trading on Friday, reaching $22.55. 652,448 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $24.14 and a 200-day moving average of $27.23. The firm’s market cap is $1.70 billion. Diebold, Incorporated has a 12 month low of $19.95 and a 12 month high of $31.85.
Diebold, (NYSE:DBD) last released its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.02. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.10 billion. Diebold, had a negative net margin of 6.04% and a positive return on equity of 7.25%. The company’s revenue for the quarter was up 95.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.43 earnings per share. Analysts anticipate that Diebold, Incorporated will post $0.96 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend is Wednesday, August 23rd. Diebold,’s payout ratio is currently -10.90%.
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DBD has been the subject of a number of research reports. Feltl & Co. initiated coverage on shares of Diebold, in a report on Tuesday, April 18th. They issued a “buy” rating for the company. Zacks Investment Research lowered shares of Diebold, from a “hold” rating to a “sell” rating in a report on Monday, May 8th. Lake Street Capital lowered their price target on shares of Diebold, from $38.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, July 6th. Finally, BidaskClub lowered shares of Diebold, from a “sell” rating to a “strong sell” rating in a report on Saturday. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. Diebold, currently has a consensus rating of “Hold” and a consensus target price of $31.00.
Institutional investors have recently added to or reduced their stakes in the stock. Glen Harbor Capital Management LLC increased its position in Diebold, by 19.8% in the first quarter. Glen Harbor Capital Management LLC now owns 5,134 shares of the technology company’s stock valued at $158,000 after buying an additional 850 shares during the last quarter. Mesirow Financial Investment Management Equity Management acquired a new position in Diebold, during the first quarter valued at about $20,677,000. Retirement Systems of Alabama increased its position in Diebold, by 0.4% in the first quarter. Retirement Systems of Alabama now owns 97,398 shares of the technology company’s stock valued at $2,990,000 after buying an additional 367 shares during the last quarter. Ledyard National Bank acquired a new position in Diebold, during the first quarter valued at about $152,000. Finally, Coastline Trust Co increased its position in Diebold, by 0.8% in the first quarter. Coastline Trust Co now owns 8,375 shares of the technology company’s stock valued at $257,000 after buying an additional 65 shares during the last quarter.
Diebold, Company Profile
Diebold Nixdorf, Incorporated provides connected commerce services, software and technology. The Company’s geographic segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). These segments sell and service financial self-service (FSS), retail solutions and security systems.
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