Market Filing: Mario Gabelli’s Gamco Investors, Inc Et Al Just Disclosed New Diebold Inc Position

Market Filing: Mario Gabelli's Gamco Investors, Inc Et Al Just Disclosed New Diebold Inc Position

The New Mario Gabelli’s Gamco Investors, Inc Et Al Holding in Diebold Inc

Gamco Investors, Inc Et Al filed with the SEC SC 13D/A form for Diebold Inc. The form can be accessed here: 000080724916000487. As reported in Mario Gabelli’s Gamco Investors, Inc Et Al’s form, the filler as of late owns 5.15% or 3,867,697 shares of the Information Technology–company.

Diebold Inc stake is a new one for the for the hedge fund and it was filed because of activity on November 14, 2016. We feel this shows Mario Gabelli’s Gamco Investors, Inc Et Al’s positive view for the stock.

The hedge fund is active investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Mario Gabelli’s Gamco Investors, Inc Et Al’s US equities portfolio is in this sector.

Diebold Inc Institutional Sentiment

Latest Security and Exchange filings show 197 investors own Diebold Inc. The institutional ownership in Q3 2015 is high, at 94.81% of the outstanding shares. This is increased by 9208314 the total institutional shares. 71236540 were the shares owned by these institutional investors. In total 22 funds opened new Diebold Inc stakes, 66 increased stakes. There were 41 that closed positions and 72 reduced them.

2 managers had the stock in their top Ten. Notable investors are: Deprince Race & Zollo Inc..

Northpointe Capital Llc is an institutional investor bullish on Diebold Inc, owning 279748 shares as of Q3 2015 for 1.09% of its portfolio. Southernsun Asset Management Llc owns 3531074 shares or 2.32% of its portfolio. NY Daruma Capital Management Llc have 3.43% of their stock portfolio for 1874085 shares. Further, Macnealy Hoover Investment Management Inc reported stake worth 1.75% of its US stock portfolio. The FL Deprince Race & Zollo Inc owns 2923512 shares. Diebold Inc is 1.56% of the manager’s US portfolio.

Business 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. It also offers functionality terminals supporting mobile card-less transactions and two-way video technology to support bank branch automation. It provides physical and electronic security systems, as well as provides total security systems solutions to financial, commercial, retail and other markets. The Company 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.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment increased to 2.38 in 2016 Q2. Its up 1.39, from 0.99 in 2016Q1. The ratio improved, 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.

The Ohio-based Huntington Bancorporation has invested 0.05% in Diebold Inc (NYSE:DBD). Park Natl Corp Oh holds 0.15% or 97,157 shares in its portfolio. Susquehanna Gru Llp reported 30,865 shares or 0% of all its holdings. Archford Strategies Limited Liability Company, a Illinois-based fund reported 11 shares. Manufacturers Life Ins Co The accumulated 126,132 shares or 0% of the stock. Dimensional Fund Advisors Lp last reported 0.02% of its portfolio in the stock. holds 0% of its portfolio in Diebold Inc (NYSE:DBD) for 374,737 shares. Pnc Fincl Group owns 30,896 shares or 0% of their US portfolio. Moreover, Blackrock Advsr Ltd has 0.01% invested in Diebold Inc (NYSE:DBD) for 339,574 shares. Millennium Ltd owns 152,390 shares or 0.01% of their US portfolio. Thrivent Fincl For Lutherans reported 9,210 shares or 0% of all its holdings. Da Davidson & Co holds 0.01% of its portfolio in Diebold Inc (NYSE:DBD) for 8,038 shares. Amg Trust Commercial Bank last reported 0.13% of its portfolio in the stock. Us National Bank De reported 7,843 shares or 0% of all its holdings. Point72 Asset L P, a Connecticut-based fund reported 1.37 million shares.

About 974,086 shares traded hands. Diebold Inc (NYSE:DBD) has declined 13.31% since April 20, 2016 and is downtrending. It has underperformed by 17.86% the S&P500.

Diebold, Incorporated is engaged in the business of financial self-service and security solutions. The company has a market cap of $1.71 billion. The Company’s divisions include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). It currently has negative earnings. 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.

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. $44 is the highest target while $29 is the lowest. The $35 average target is 52.51% above today’s ($22.95) stock price. Diebold Inc has been the topic of 10 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Friday, July 31 by Wedbush. The firm has “Overweight” rating given on Monday, September 26 by JP Morgan. Northcoast upgraded Diebold Inc (NYSE:DBD) on Monday, January 25 to “Buy” rating. The rating was maintained by Imperial Capital on Wednesday, September 16 with “In-Line”. The firm earned “In-Line” rating on Tuesday, May 3 by Imperial Capital. The stock of Diebold Inc (NYSE:DBD) has “Buy” rating given on Tuesday, August 25 by TheStreet. The firm has “Outperform” rating given on Thursday, February 4 by Wedbush. The firm has “Neutral” rating given on Monday, August 15 by JP Morgan.

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”, Moodys.com published: “Moody’s assigns B2 to Diebold, Inc. unsecured notes” on March 31, 2016. More interesting news about Diebold Inc (NYSE:DBD) was released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Navigators Group, Diebold and FLIR Systems” with publication date: November 14, 2016.

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.”

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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