Atria Investments Inc Has $292,000 Stock Holdings in NICE Ltd. (NASDAQ:NICE)

Atria Investments Inc grew its position in NICE Ltd. (NASDAQ:NICE) by 39.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,720 shares of the technology company’s stock after acquiring an additional 484 shares during the period. Atria Investments Inc’s holdings in NICE were worth $292,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Perpetual Ltd acquired a new stake in NICE in the 4th quarter valued at approximately $31,792,000. World Investment Advisors LLC bought a new position in shares of NICE during the 3rd quarter worth approximately $24,547,000. Bruni J V & Co. Co. acquired a new stake in shares of NICE in the third quarter valued at approximately $22,849,000. Swedbank AB lifted its position in shares of NICE by 201.7% in the third quarter. Swedbank AB now owns 140,900 shares of the technology company’s stock worth $24,470,000 after purchasing an additional 94,200 shares in the last quarter. Finally, Barlow Wealth Partners Inc. acquired a new position in NICE during the fourth quarter worth $15,452,000. Institutional investors own 63.34% of the company’s stock.

NICE Trading Up 4.5 %

Shares of NICE opened at $151.05 on Tuesday. NICE Ltd. has a 12 month low of $137.19 and a 12 month high of $270.73. The firm’s 50 day moving average is $160.75 and its 200-day moving average is $169.95. The stock has a market capitalization of $9.50 billion, a PE ratio of 22.34, a P/E/G ratio of 1.07 and a beta of 1.12.

NICE (NASDAQ:NICE) last posted its quarterly earnings data on Thursday, February 20th. The technology company reported $2.25 EPS for the quarter, missing analysts’ consensus estimates of $2.96 by ($0.71). The company had revenue of $721.60 million for the quarter, compared to the consensus estimate of $718.47 million. NICE had a return on equity of 16.17% and a net margin of 16.18%. Equities research analysts predict that NICE Ltd. will post 9.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on NICE. Barclays lowered their target price on NICE from $286.00 to $226.00 and set an “overweight” rating on the stock in a research report on Friday, February 21st. StockNews.com lowered NICE from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 17th. Rosenblatt Securities decreased their target price on shares of NICE from $225.00 to $200.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Royal Bank of Canada lowered their target price on shares of NICE from $260.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, February 21st. Finally, Cantor Fitzgerald cut their price target on shares of NICE from $176.00 to $161.00 and set a “neutral” rating for the company in a research note on Friday, February 21st. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $231.64.

NICE 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 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.