What’s Ahead for Diebold Inc After Today’s Bullish Options Activity?

 What's Ahead for Diebold Inc After Today's Bullish Options Activity?

In today’s session Diebold Inc (DBD) registered an unusually high (2,000) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious DBD increase. With 2,000 contracts traded and 30844 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: DBD161118C00022500 closed last at: $1.95 or 178.6% up. About 83,561 shares traded hands. Diebold Inc (NYSE:DBD) has declined 10.80% since April 18, 2016 and is downtrending. It has underperformed by 15.23% the S&P500.

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 stock of Diebold Inc (NYSE:DBD) earned “Buy” rating by TheStreet on Tuesday, August 25. The firm earned “In-Line” rating on Tuesday, May 3 by Imperial Capital. The firm has “Overweight” rating given on Monday, September 26 by JP Morgan. The stock of Diebold Inc (NYSE:DBD) has “Neutral” rating given on Monday, August 15 by JP Morgan. Imperial Capital maintained the stock with “In-Line” rating in Wednesday, September 16 report. The firm earned “Outperform” rating on Thursday, February 4 by Wedbush. Northcoast upgraded the stock to “Buy” rating in Monday, January 25 report. Wedbush upgraded Diebold Inc (NYSE:DBD) rating on Friday, July 31. Wedbush has “Outperform” rating and $40 price target.

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 increased to 2.38 in Q2 2016. Its up 1.39, from 0.99 in 2016Q1. The ratio increased, 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.
Nationwide Fund Advisors, a Pennsylvania-based fund reported 149,706 shares. Cubist Systematic Strategies Ltd has 0.02% invested in the company for 12,140 shares. State Street Corp accumulated 0.01% or 2.06 million shares. Carroll Fincl Incorporated has 0.01% invested in the company for 1,500 shares. Patten Group Inc has invested 0% of its portfolio in Diebold Inc (NYSE:DBD). Swiss Savings Bank accumulated 0% or 97,600 shares. California State Teachers Retirement Sys last reported 125,249 shares in the company. Arizona State Retirement System last reported 0.01% of its portfolio in the stock. Brown Advisory last reported 14,222 shares in the company. Next Financial Grp Incorporated has 253 shares for 0% of their US portfolio. The Texas-based National Insurance Co Tx has invested 0.06% in Diebold Inc (NYSE:DBD). Bancorporation Of Mellon Corporation accumulated 0.01% or 938,221 shares. First Mercantile Tru owns 2,046 shares or 0.01% of their US portfolio. Fincl Counselors Incorporated, a Missouri-based fund reported 162,608 shares. The New York-based M&T Financial Bank has invested 0.01% in Diebold Inc (NYSE:DBD).

Insider Transactions: Since May 23, 2016, the stock had 0 buys, and 1 sale for $84,816 net activity. $84,816 worth of Diebold Inc (NYSE:DBD) was sold by COX PHILLIP R.

Diebold, Incorporated is engaged in the business of financial self-service and security solutions. The company has a market cap of $1.81 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.

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.

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.

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