Diversified Trust Co Buys Shares of 5,759 NiCE $NICE

Diversified Trust Co purchased a new position in NiCE (NASDAQ:NICE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,759 shares of the technology company’s stock, valued at approximately $834,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in NiCE by 3.7% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,831,690 shares of the technology company’s stock worth $309,389,000 after acquiring an additional 65,420 shares during the last quarter. Perpetual Ltd raised its position in shares of NiCE by 3.5% during the 2nd quarter. Perpetual Ltd now owns 258,683 shares of the technology company’s stock worth $43,694,000 after purchasing an additional 8,783 shares during the period. Swedbank AB lifted its holdings in shares of NiCE by 12.6% in the 2nd quarter. Swedbank AB now owns 375,700 shares of the technology company’s stock worth $63,459,000 after purchasing an additional 42,000 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in NiCE by 218.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 908,014 shares of the technology company’s stock valued at $139,989,000 after purchasing an additional 623,014 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in NiCE during the 1st quarter worth $9,472,000. 63.34% of the stock is owned by institutional investors and hedge funds.

NiCE Trading Up 0.0%

NiCE stock opened at $113.04 on Friday. NiCE has a 52 week low of $99.00 and a 52 week high of $180.61. The stock has a market cap of $7.15 billion, a price-to-earnings ratio of 12.85, a PEG ratio of 1.55 and a beta of 0.97. The company’s 50-day moving average price is $115.64 and its two-hundred day moving average price is $137.46.

Wall Street Analysts Forecast Growth

NICE has been the topic of a number of recent research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of NiCE in a research note on Monday. Piper Sandler reiterated a “neutral” rating and issued a $122.00 price objective on shares of NiCE in a research report on Tuesday, December 23rd. JMP Securities set a $200.00 target price on shares of NiCE in a research note on Friday, November 14th. Rosenblatt Securities restated a “buy” rating and issued a $175.00 target price on shares of NiCE in a research report on Tuesday, December 23rd. Finally, Mizuho cut their price target on NiCE from $185.00 to $150.00 and set an “outperform” rating on the stock in a report on Tuesday, November 18th. Eight equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $159.77.

NiCE Company Profile

NiCE Ltd is a global software provider specializing in solutions for customer engagement, financial crime prevention, public safety, workforce optimization and border security. Its product offerings include cloud-native and on-premises platforms that leverage advanced analytics, artificial intelligence and automation to help organizations enhance customer experiences, streamline operations and ensure regulatory compliance. NiCE’s portfolio addresses the needs of contact centers, financial institutions, government agencies and enterprises across a broad range of industries.

In customer engagement, NiCE delivers tools for omnichannel interaction management, real-time and historical analytics, workforce management, and quality management.