Prescott Group Capital Management recently announced the acquisition of new stake in Diebold Nixdorf Incorporated (NYSE:DBD). The institutional investor has increased its shareholding in the Technology company by 27.47% to 3.58 million shares with purchase of 0.77 million shares. This fresh investment now brings its stake to 4.50% valued currently at $34.61 million. In addition, D. E. Shaw & Co. LP raised its holdings by 0.12 million to 2.68 million shares. And AQR Capital Management LLC has lifted its position by 9.03% or 0.17 million shares – to 2.01 million shares.
With over 2.01 million Diebold Nixdorf Incorporated (DBD) shares trading Tuesday and a closing price of $0.31 on the day, the dollar volume was approximately $0.62 million. The shares have shown a negative half year performance of -86.15% and its price on 05/23/23 lost nearly -3.15%. Currently, there are 79.30M common shares owned by the public and among those 71.51M shares have been available to trade.
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Insiders at the company have transacted a total of 67 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 33 of these insider trades were purchases, accounting for 588,828 shares. Insider sales of the common stock occurred on 34 occasions, with total insider shares sold totaling 243,858 shares.
The top 3 mutual fund holders in Diebold Nixdorf Incorporated are Vanguard Total Stock Market ETF, iShares Russell 2000 ETF, and PACE Small/Medium Co. Value Equit. Vanguard Total Stock Market ETF owns 2.62 million shares of the company’s stock, all valued at over $25.36 million. iShares Russell 2000 ETF sold 23280.0 shares to see its total holdings shrink to 1.59 million shares valued at over $15.37 million and representing 2.00% of the shares outstanding. PACE Small/Medium Co. Value Equit bought 0.39 million shares to bring its total holdings to over 1.34 million shares at a value of $12.94 million. PACE Small/Medium Co. Value Equit now owns shares totaling to 1.68% of the shares outstanding.
Shares of Diebold Nixdorf Incorporated (NYSE: DBD) opened at $0.31, down -$0.01 from a prior closing price of $0.32. However, the script later moved the day high at 0.3256, down -3.15%. The company’s stock has a 5-day price change of -4.41% and -89.52% over the past three months. DBD shares are trading -78.15% year to date (YTD), with the 12-month market performance down to -88.72% lower. It has a 12-month low price of $0.30 and touched a high of $5.27 over the same period. DBD has an average intraday trading volume of 3.81 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -36.96%, -64.65%, and -85.69% respectively.
Institutional ownership of Diebold Nixdorf Incorporated (NYSE: DBD) shares accounts for 77.20% of the company’s 79.30M shares outstanding. Mutual fund holders own 37.46%, while other institutional holders and individual stakeholders account for 9.24% and 21.40% respectively.
It has a market capitalization of $25.64M and a beta (3y monthly) value of 3.00. The earnings-per-share (ttm) stands at -$7.36. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.21% over the week and 14.59% over the month.
Analysts forecast that Diebold Nixdorf Incorporated (DBD) will achieve an EPS of $0.05 for the current quarter, $0.18 for the next quarter and $1.04 for 2024. The lowest estimate earnings-per-share for the quarter is -$0.11 while analysts give the company a high EPS estimate of $0.29. Comparatively, EPS for the current quarter was $0.38 a year ago. Earnings per share for the fiscal year are expected to decrease by -631.30%, and 516.00% over the next financial year. EPS should grow at an annualized rate of 3.00% over the next five years, compared to -29.70% over the past 5-year period.