Janney Montgomery Scott LLC lifted its holdings in shares of NICE Ltd. (NASDAQ:NICE – Free Report) by 13.2% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,758 shares of the technology company’s stock after buying an additional 439 shares during the period. Janney Montgomery Scott LLC’s holdings in NICE were worth $776,000 as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. Silicon Valley Capital Partners acquired a new position in shares of NICE during the 1st quarter worth $30,000. Sunbelt Securities Inc. acquired a new position in NICE in the 1st quarter worth about $32,000. Clearstead Advisors LLC acquired a new position in NICE in the 1st quarter worth about $35,000. Loomis Sayles & Co. L P increased its holdings in NICE by 25.2% in the 1st quarter. Loomis Sayles & Co. L P now owns 298 shares of the technology company’s stock worth $65,000 after purchasing an additional 60 shares in the last quarter. Finally, Global Retirement Partners LLC increased its holdings in NICE by 36.2% in the 1st quarter. Global Retirement Partners LLC now owns 482 shares of the technology company’s stock worth $92,000 after purchasing an additional 128 shares in the last quarter. Institutional investors and hedge funds own 63.58% of the company’s stock.
NICE Stock Down 2.5 %
Shares of NICE stock opened at $152.55 on Friday. NICE Ltd. has a one year low of $150.47 and a one year high of $231.54. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.31 and a quick ratio of 2.31. The stock’s 50-day moving average is $176.67 and its 200 day moving average is $196.69. The firm has a market cap of $9.71 billion, a price-to-earnings ratio of 33.16, a PEG ratio of 1.92 and a beta of 0.89.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. DA Davidson assumed coverage on NICE in a report on Thursday, September 28th. They issued a “neutral” rating and a $190.00 target price for the company. TheStreet cut NICE from a “b-” rating to a “c+” rating in a report on Tuesday, September 12th. Morgan Stanley raised NICE from an “equal weight” rating to an “overweight” rating and lowered their target price for the stock from $225.00 to $220.00 in a report on Monday, October 16th. Royal Bank of Canada reiterated an “outperform” rating and issued a $238.00 price target on shares of NICE in a research report on Thursday, October 5th. Finally, Citigroup upped their price target on NICE from $278.00 to $338.00 and gave the company a “buy” rating in a research report on Tuesday, August 15th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, NICE currently has a consensus rating of “Moderate Buy” and an average price target of $249.00.
View Our Latest Report on NICE
NICE Company Profile
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for CX that discovers automation opportunities for self-service; digital-entry points solutions that enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.
See Also
- Five stocks we like better than NICE
- How to Analyze Restaurant Stocks
- Watch for bears as S&P 500 slices 200-day line
- Investing in the High PE Growth Stocks
- Reasons UPS is a strong sell: Reasons to buy it when it bottoms
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- 3 hot mid-caps set to report Q3 earnings
Receive News & Ratings for NICE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NICE and related companies with MarketBeat.com's FREE daily email newsletter.
