Notable Price Action: Time to Buy Diebold Inc After Today’s Big Increase?

Notable Price Action: Time to Buy Diebold Inc After Today's Big Increase?

The stock of Diebold Inc (NYSE:DBD) is a huge mover today! About 1.31 million shares traded hands or 42.29% up from the average. Diebold Inc (NYSE:DBD) has declined 15.54% since April 14, 2016 and is downtrending. It has underperformed by 20.22% the S&P500.
The move comes after 5 months positive chart setup for the $1.66 billion company. It was reported on Nov, 16 by Barchart.com. We have $31.18 PT which if reached, will make NYSE:DBD worth $514.60 million more.

Diebold Inc (NYSE:DBD) Ratings Coverage

Out of 4 analysts covering Diebold Inc (NYSE:DBD), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Diebold Inc has been the topic of 10 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Friday, July 31 by Wedbush. The firm earned “Buy” rating on Tuesday, August 25 by TheStreet. The firm has “Overweight” rating by JP Morgan given on Monday, September 26. The stock has “Neutral” rating given by JP Morgan on Monday, August 15. The stock has “In-Line” rating given by Imperial Capital on Tuesday, May 3. The rating was maintained by Wedbush on Thursday, February 4 with “Outperform”. Northcoast upgraded the stock to “Buy” rating in Monday, January 25 report. The stock of Diebold Inc (NYSE:DBD) earned “In-Line” rating by Imperial Capital on Wednesday, September 16.

According to Zacks Investment Research, “Diebold Incorporated develops, manufactures, sells and services automated teller machines, electronic and physical security systems, various products used to equip bank facilities, software and integrated systems for global financial and commercial markets. Sales of systems and equipment are made directly to customers by the company’s sales personnel and by manufacturer’s representatives and distributors. The sales/support organization works closely with customers and their consultants to analyze and fulfill the customers’ needs.”

Insitutional Activity: The institutional sentiment decreased to 0.99 in Q2 2016. Its down 0.22, from 1.21 in 2016Q1. The ratio dropped, as 30 funds sold all Diebold Inc shares owned while 66 reduced positions. 21 funds bought stakes while 74 increased positions. They now own 60.41 million shares or 3.77% less from 62.77 million shares in 2016Q1.
Advantus Capital Inc, a Minnesota-based fund reported 7,890 shares. Godshalk Welsh Capital Inc owns 16,100 shares or 0.42% of their US portfolio. Amer Natl Insur Co Tx, a Texas-based fund reported 38,300 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.01% of its portfolio in Diebold Inc (NYSE:DBD) for 34,971 shares. Utd Serv Automobile Association has 0.06% invested in the company for 673,900 shares. Primecap Management Comm Ca reported 770,000 shares or 0.02% of all its holdings. The Washington-based Parametric Port Assocs Limited Liability has invested 0.01% in Diebold Inc (NYSE:DBD). Moreover, Ladenburg Thalmann Financial has 0% invested in Diebold Inc (NYSE:DBD) for 8,640 shares. Gabelli Funds Ltd Liability Corp accumulated 1.82 million shares or 0.27% of the stock. Moreover, Boyar Asset Management has 0.22% invested in Diebold Inc (NYSE:DBD) for 11,243 shares. Commonwealth Equity Service Incorporated accumulated 25,439 shares or 0.01% of the stock. Glenmede Na holds 0% of its portfolio in Diebold Inc (NYSE:DBD) for 937 shares. Whittier Trust holds 5,746 shares or 0.01% of its portfolio. Guggenheim Capital Ltd Co last reported 70,421 shares in the company. Finemark Bank & Trust Tru holds 225 shares or 0% of its portfolio.

Insider Transactions: Since May 23, 2016, the stock had 0 insider purchases, and 1 sale for $84,816 net activity. $84,816 worth of shares were sold by COX PHILLIP R on Monday, May 23.

More important recent Diebold Inc (NYSE:DBD) news were published by: Cleveland.com which released: “Diebold Inc. lost $21.1 million in 2nd quarter of 2016, says Wincor Nixdorf …” on July 29, 2016, also Crainscleveland.com published article titled: “Diebold Inc. completes $1.8 billion merger with Germany’s Wincor Nixdorf”, Nasdaq.com published: “Ex-Dividend Reminder: Navigators Group, Diebold and FLIR Systems” on November 14, 2016. More interesting news about Diebold Inc (NYSE:DBD) was released by: Moodys.com and their article: “Moody’s assigns B2 to Diebold, Inc. unsecured notes” with publication date: March 31, 2016.

DBD Company Profile

Diebold, Incorporated, incorporated on August 11, 1876, is engaged in the business of financial self-service (FSS) and security solutions, which it integrates based on its customers’ needs. The Company’s divisions include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). The Firm 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. The Firm also offers functionality terminals capable of supporting mobile card-less transactions and two-way video technology to support bank branch automation. The Firm supplies ATMs and related services across the world. The Firm through its divisions sells and services FSS and security systems around the globe, as well as elections, lottery and information technology solutions in Brazil other, through subsidiaries, joint ventures and independent distributors in various countries.

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