Eagle Asset Management Inc. Acquires 7,601 Shares of Nice Ltd (NICE)

Eagle Asset Management Inc. increased its position in shares of Nice Ltd (NASDAQ:NICE) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 292,166 shares of the technology company’s stock after purchasing an additional 7,601 shares during the quarter. Eagle Asset Management Inc.’s holdings in Nice were worth $26,699,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Victory Capital Management Inc. boosted its holdings in Nice by 12.0% during the fourth quarter. Victory Capital Management Inc. now owns 831,357 shares of the technology company’s stock worth $76,410,000 after purchasing an additional 89,288 shares during the last quarter. American Capital Management Inc. boosted its holdings in Nice by 1.4% during the fourth quarter. American Capital Management Inc. now owns 574,847 shares of the technology company’s stock worth $52,834,000 after purchasing an additional 7,815 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Nice by 95.7% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 435,444 shares of the technology company’s stock worth $35,406,000 after purchasing an additional 212,901 shares during the last quarter. Parametric Portfolio Associates LLC boosted its holdings in Nice by 4.3% during the third quarter. Parametric Portfolio Associates LLC now owns 207,981 shares of the technology company’s stock worth $16,911,000 after purchasing an additional 8,621 shares during the last quarter. Finally, Aperio Group LLC boosted its holdings in Nice by 2.3% during the fourth quarter. Aperio Group LLC now owns 129,850 shares of the technology company’s stock worth $11,935,000 after purchasing an additional 2,892 shares during the last quarter. Institutional investors and hedge funds own 44.82% of the company’s stock.

Nice Ltd (NASDAQ:NICE) opened at $90.61 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.32 and a quick ratio of 1.28. The firm has a market cap of $5,439.95, a PE ratio of 32.71, a price-to-earnings-growth ratio of 3.52 and a beta of 0.79. Nice Ltd has a 52 week low of $65.72 and a 52 week high of $95.65.

Nice (NASDAQ:NICE) last released its earnings results on Thursday, February 15th. The technology company reported $1.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.50. The firm had revenue of $392.24 million for the quarter, compared to analysts’ expectations of $390.90 million. Nice had a net margin of 10.76% and a return on equity of 10.45%. equities research analysts anticipate that Nice Ltd will post 2.57 EPS for the current year.

NICE has been the topic of several analyst reports. Zacks Investment Research cut shares of Nice from a “buy” rating to a “hold” rating in a report on Thursday, January 4th. BidaskClub cut shares of Nice from a “hold” rating to a “sell” rating in a report on Wednesday, January 24th. Jefferies Group boosted their price target on shares of Nice from $84.00 to $87.00 and gave the stock a “hold” rating in a report on Friday, November 3rd. Chardan Capital cut shares of Nice from a “buy” rating to a “neutral” rating and set a $91.00 price target on the stock. in a report on Monday, November 6th. Finally, Citigroup boosted their price target on shares of Nice from $83.00 to $93.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. Nice currently has a consensus rating of “Hold” and a consensus target price of $92.71.

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About Nice

NICE Ltd., formerly NICE-Systems Ltd., is a global enterprise software provider. The Company’s segments include Customer Interactions Solutions, and Financial Crime and Compliance Solutions. The Customer Interactions Solutions segment provides data driven insights that enable businesses to deliver personalized experience to customers.

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Institutional Ownership by Quarter for Nice (NASDAQ:NICE)

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