D.A. Davidson & CO. Has $1.19 Million Position in NICE Ltd. (NASDAQ:NICE)

D.A. Davidson & CO. lowered its holdings in NICE Ltd. (NASDAQ:NICEFree Report) by 10.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,026 shares of the technology company’s stock after selling 803 shares during the period. D.A. Davidson & CO.’s holdings in NICE were worth $1,194,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of NICE. Raymond James Financial Services Advisors Inc. raised its position in shares of NICE by 6.8% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,528 shares of the technology company’s stock valued at $773,000 after buying an additional 225 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of NICE by 1.4% in the 1st quarter. Bank of New York Mellon Corp now owns 12,314 shares of the technology company’s stock valued at $2,697,000 after buying an additional 167 shares in the last quarter. American Century Companies Inc. raised its position in shares of NICE by 45.7% in the 1st quarter. American Century Companies Inc. now owns 2,299 shares of the technology company’s stock valued at $503,000 after buying an additional 721 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of NICE by 2.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,717 shares of the technology company’s stock valued at $1,032,000 after buying an additional 128 shares in the last quarter. Finally, Bank of Montreal Can raised its position in shares of NICE by 55.7% in the 1st quarter. Bank of Montreal Can now owns 5,294 shares of the technology company’s stock valued at $1,192,000 after buying an additional 1,893 shares in the last quarter. Institutional investors own 63.58% of the company’s stock.

NICE Trading Up 1.3 %

Shares of NASDAQ NICE opened at $221.10 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.45 and a current ratio of 2.45. NICE Ltd. has a 52-week low of $149.54 and a 52-week high of $231.54. The firm has a 50 day moving average price of $205.64 and a two-hundred day moving average price of $191.43. The stock has a market cap of $14.07 billion, a P/E ratio of 44.94, a price-to-earnings-growth ratio of 2.23 and a beta of 0.99.

NICE (NASDAQ:NICEGet Free Report) last announced its quarterly earnings results on Thursday, November 16th. The technology company reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.12. NICE had a net margin of 14.11% and a return on equity of 13.06%. The firm had revenue of $601.30 million during the quarter, compared to analysts’ expectations of $595.00 million. During the same period in the prior year, the company posted $1.41 EPS. The company’s revenue was up 8.4% on a year-over-year basis. As a group, equities analysts forecast that NICE Ltd. will post 6.64 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on NICE shares. TheStreet upgraded shares of NICE from a “c+” rating to a “b-” rating in a research report on Tuesday, February 6th. JMP Securities reiterated a “market outperform” rating and set a $343.00 price objective on shares of NICE in a research report on Thursday, February 1st. StockNews.com cut shares of NICE from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 3rd. Northland Securities began coverage on shares of NICE in a research report on Tuesday, January 30th. They set an “outperform” rating and a $300.00 price objective for the company. Finally, Morgan Stanley upgraded shares of NICE from an “equal weight” rating to an “overweight” rating and lowered their price objective for the stock from $225.00 to $220.00 in a research report on Monday, October 16th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $256.30.

Check Out Our Latest Report 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 CX that discovers automation opportunities for self-service; digital-entry points solutions that 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.

See Also

Institutional Ownership by Quarter for NICE (NASDAQ:NICE)

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