EverSource Wealth Advisors LLC Grows Position in NICE Ltd. (NASDAQ:NICE)

EverSource Wealth Advisors LLC increased its position in NICE Ltd. (NASDAQ:NICEFree Report) by 63.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 399 shares of the technology company’s stock after buying an additional 155 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in NICE were worth $80,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC bought a new stake in NICE in the 4th quarter worth $25,000. Lindbrook Capital LLC grew its stake in shares of NICE by 88.9% in the fourth quarter. Lindbrook Capital LLC now owns 136 shares of the technology company’s stock worth $27,000 after purchasing an additional 64 shares during the last quarter. McGlone Suttner Wealth Management Inc. purchased a new position in NICE during the 4th quarter valued at about $29,000. Cary Street Partners Investment Advisory LLC bought a new position in NICE during the 3rd quarter valued at approximately $37,000. Finally, Principal Securities Inc. purchased a new stake in NICE in the 4th quarter worth approximately $64,000. 63.34% of the stock is owned by hedge funds and other institutional investors.

NICE Trading Down 0.2 %

NICE stock opened at $189.66 on Monday. NICE Ltd. has a 12 month low of $149.54 and a 12 month high of $270.73. The company has a market capitalization of $11.92 billion, a price-to-earnings ratio of 34.23, a price-to-earnings-growth ratio of 1.57 and a beta of 1.04. The business’s fifty day simple moving average is $231.18 and its two-hundred day simple moving average is $217.86. The company has a current ratio of 2.43, a quick ratio of 2.43 and a debt-to-equity ratio of 0.13.

NICE (NASDAQ:NICEGet Free Report) last announced its quarterly earnings results on Thursday, February 22nd. The technology company reported $2.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.26 by $0.10. The company had revenue of $623.20 million for the quarter, compared to analysts’ expectations of $616.83 million. NICE had a net margin of 14.92% and a return on equity of 14.05%. NICE’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.40 EPS. As a group, equities analysts predict that NICE Ltd. will post 8.23 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on NICE. Rosenblatt Securities started coverage on NICE in a report on Tuesday, April 23rd. They set a “buy” rating and a $285.00 target price for the company. Citigroup raised their target price on shares of NICE from $283.00 to $334.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. TheStreet upgraded shares of NICE from a “c+” rating to a “b-” rating in a research report on Tuesday, February 6th. StockNews.com upgraded shares of NICE from a “hold” rating to a “buy” rating in a report on Thursday. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $343.00 price objective on shares of NICE in a research report on Wednesday, May 15th. Fifteen investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $285.92.

View Our Latest Stock Analysis on NICE

NICE Company 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.

Featured Stories

Want to see what other hedge funds are holding NICE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NICE Ltd. (NASDAQ:NICEFree Report).

Institutional Ownership by Quarter for NICE (NASDAQ:NICE)

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.