Steward Partners Investment Advisory LLC Increases Stock Holdings in NICE Ltd. (NASDAQ:NICE)

Steward Partners Investment Advisory LLC increased its holdings in shares of NICE Ltd. (NASDAQ:NICEFree Report) by 36.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,841 shares of the technology company’s stock after buying an additional 495 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in NICE were worth $367,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in NICE. Oppenheimer & Co. Inc. lifted its holdings in shares of NICE by 15.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,814 shares of the technology company’s stock worth $308,000 after acquiring an additional 246 shares during the period. Van ECK Associates Corp grew its holdings in shares of NICE by 6.8% during the 3rd quarter. Van ECK Associates Corp now owns 17,610 shares of the technology company’s stock worth $2,994,000 after purchasing an additional 1,120 shares during the period. Vanguard Personalized Indexing Management LLC raised its holdings in NICE by 13.1% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 2,025 shares of the technology company’s stock valued at $344,000 after buying an additional 234 shares during the period. William Blair Investment Management LLC lifted its position in NICE by 0.6% during the third quarter. William Blair Investment Management LLC now owns 1,017,406 shares of the technology company’s stock valued at $172,929,000 after buying an additional 5,803 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in NICE during the third quarter worth approximately $471,000. 63.34% of the stock is owned by institutional investors and hedge funds.

NICE Stock Down 0.0 %

Shares of NASDAQ:NICE opened at $168.75 on Friday. NICE Ltd. has a 1-year low of $149.54 and a 1-year high of $270.73. The company’s fifty day moving average is $217.84 and its two-hundred day moving average is $217.37. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.43 and a current ratio of 2.43. The stock has a market capitalization of $10.61 billion, a price-to-earnings ratio of 30.46, a price-to-earnings-growth ratio of 1.31 and a beta of 1.03.

NICE (NASDAQ:NICEGet Free Report) last issued its earnings results on Thursday, May 16th. The technology company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.88 by $0.13. The firm had revenue of $659.31 million for the quarter, compared to analysts’ expectations of $654.81 million. NICE had a net margin of 14.92% and a return on equity of 14.05%. Equities analysts anticipate that NICE Ltd. will post 8.4 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently weighed in on NICE shares. Oppenheimer upped their price target on shares of NICE from $225.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, February 23rd. Wedbush increased their target price on NICE from $230.00 to $270.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. Citigroup raised their target price on NICE from $283.00 to $334.00 and gave the company a “buy” rating in a report on Wednesday, February 21st. Royal Bank of Canada lowered their price objective on shares of NICE from $285.00 to $265.00 and set an “outperform” rating for the company in a research report on Friday, May 17th. Finally, StockNews.com upgraded shares of NICE from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Fourteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $285.92.

Read Our Latest Report on NICE

NICE Profile

(Free Report)

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 the customer engagement market; and smart self service 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.

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Institutional Ownership by Quarter for NICE (NASDAQ:NICE)

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