Company shares are trading at $19.30 which is quite a bit below the 50 day moving average which is $21.79 and quite a bit lower than the 200 day moving average of $23.79. The 50 day moving average was down $-2.49 or -11.44% and the 200 day average went down $-4.49 or -18.86%. Trading was light with 454K shares changing hands in the last trading session. Overall, volume was down 41.02% under the stocks normal daily volume.
Investors are feeling more bearish on the company recently as inferred by the rise in short interest. The company had a rise in short interest of 2.38% between September 29, 2017 and October 13, 2017. Short shares increased from 14,491,236 to 14,836,109 over that timeframe. Days to cover increased 8.0 to 30.0 and the percentage of shorted shares was 0.20% on October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (DBD). As of quarter end Victory Capital Management Inc had disposed of a total of 56,675 shares trimming its holdings by 3.7%. The value of the company’s investment in Diebold Nixdorf Incorporated decreased from $43,148,000 to $33,917,000 a change of 21.4% for the reporting period. As of the end of the quarter Huntington National Bank had sold 776 shares trimming its stake by 12.9%. The value of the investment in (DBD) went from $169,000 to $120,000 decreasing 29.0% quarter to quarter.
Hanson & Doremus Investment Management cut its investment by selling 1,775 shares a decrease of 44.1% in the quarter. Hanson & Doremus Investment Management now holds 2,250 shares worth $51,000. The value of the position overall is down by 54.9%. As of quarter end Aperio Group, LLC had sold a total of 2,057 shares trimming its position 10.0%. The value of the total investment in Diebold Nixdorf Incorporated went from $575,000 to $422,000 a change of $153,000 since the last quarter.
On August 8 the stock rating was downgraded from “Overweight” to “Neutral” in a report from JP Morgan.
The company is trading unchanged from yesterday’s close of $19.30. Diebold Nixdorf Incorporated also declared a dividend to be paid on Friday the 8th of December 2017. The dividend will be $0.100 per share for the quarter or $0.40 annualized. The dividend yield will be $2.04. The ex-dividend date is as of Wednesday August 23rd, 2017.
In the last earnings report the EPS was $-3.63 and is estimated to be $0.99 for the current year with 75,510,000 shares presently outstanding. Next quarter’s EPS is expected be $0.68 with next year’s EPS anticipated to be $1.67.
Diebold Nixdorf, Incorporated, launched on August 11, 1876, provides connected commerce services, software and technology. The Business’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..