UBS Asset Management Americas Inc. boosted its position in Diebold Inc. (NYSE:DBD) by 10.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,600 shares of the company’s stock after buying an additional 5,529 shares during the period. UBS Asset Management Americas Inc. owned approximately 0.09% of Diebold worth $1,406,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. GHP Investment Advisors Inc. raised its stake in shares of Diebold by 24.5% in the second quarter. GHP Investment Advisors Inc. now owns 9,336 shares of the company’s stock worth $232,000 after buying an additional 1,838 shares in the last quarter. Wedbush Securities Inc. bought a new stake in shares of Diebold during the second quarter worth approximately $232,000. Parametrica Management Ltd raised its stake in shares of Diebold by 18.1% in the second quarter. Parametrica Management Ltd now owns 9,852 shares of the company’s stock worth $245,000 after buying an additional 1,507 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Diebold during the second quarter worth approximately $295,000. Finally, Court Place Advisors LLC raised its stake in shares of Diebold by 54.2% in the second quarter. Court Place Advisors LLC now owns 12,375 shares of the company’s stock worth $307,000 after buying an additional 4,350 shares in the last quarter. 82.21% of the stock is currently owned by institutional investors and hedge funds.
Shares of Diebold Inc. (NYSE:DBD) traded up 0.465% during trading on Friday, reaching $23.328. The company’s stock had a trading volume of 59,511 shares. Diebold Inc. has a one year low of $22.84 and a one year high of $37.98. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 7.634 and a beta of 1.83. The firm’s 50-day moving average price is $25.63 and its 200-day moving average price is $26.13.
Diebold (NYSE:DBD) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.23. Diebold had a net margin of 8.57% and a return on equity of 19.56%. The business earned $580 million during the quarter, compared to analyst estimates of $594.01 million. During the same period last year, the business posted $0.44 earnings per share. Diebold’s quarterly revenue was down 10.0% compared to the same quarter last year. On average, equities analysts anticipate that Diebold Inc. will post $1.42 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 9th. Stockholders of record on Friday, November 18th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.72%. Diebold’s payout ratio is 36.98%.
A number of analysts have commented on DBD shares. Zacks Investment Research lowered Diebold from a “buy” rating to a “hold” rating in a report on Tuesday, August 23rd. Pacific Crest reissued a “hold” rating on shares of Diebold in a report on Friday, September 23rd. Wedbush reaffirmed an “outperform” rating and issued a $40.00 target price on shares of Diebold in a report on Thursday, August 4th. Finally, JPMorgan Chase & Co. raised Diebold from a “neutral” rating to an “overweight” rating and set a $33.00 target price for the company in a report on Monday, September 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Diebold presently has a consensus rating of “Hold” and an average target price of $32.50.
Diebold Company Profile
Diebold, Incorporated is engaged in the business of financial self-service (FSS) and security solutions. The Company’s segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). It offers an integrated line of self-service solutions and technology, including automated teller machine (ATM) outsourcing, ATM security, deposit automation, recycling and payment terminals and software.