Nice Systems Ltd. (NASDAQ:NICE) shares were down 1.3% during trading on Tuesday . The stock traded as low as $64.08 and last traded at $64.18, with a volume of 68,345 shares trading hands. The stock had previously closed at $65.01.

Several research analysts have commented on NICE shares. Zacks Investment Research upgraded shares of Nice Systems from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a research report on Wednesday, May 11th. Oppenheimer Holdings Inc. restated a “buy” rating and set a $75.00 price objective on shares of Nice Systems in a research report on Wednesday, May 18th. JMP Securities upgraded shares of Nice Systems from a “market perform” rating to an “outperform” rating and set a $78.00 price objective for the company in a research report on Thursday, May 26th. JPMorgan Chase & Co. upgraded shares of Nice Systems from a “market perform” rating to an “outperform” rating and set a $78.00 price objective for the company in a research report on Thursday, May 26th. Finally, Chardan Capital started coverage on shares of Nice Systems in a research report on Wednesday, June 22nd. They set a “buy” rating and a $63.00 price objective for the company. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Nice Systems has a consensus rating of “Buy” and a consensus price target of $71.63.

The firm’s 50 day moving average price is $63.22 and its 200-day moving average price is $61.78. The company has a market capitalization of $3.85 billion and a price-to-earnings ratio of 15.01.

Nice Systems (NASDAQ:NICE) last released its quarterly earnings data on Thursday, May 5th. The company reported $0.81 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.07. During the same period last year, the business posted $0.72 earnings per share. The business earned $226.10 million during the quarter, compared to the consensus estimate of $225.55 million. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. Analysts anticipate that Nice Systems Ltd. will post $3.49 EPS for the current fiscal year.

A number of hedge funds and institutional investors have added to or reduced their stakes in the company. Eagle Asset Management increased its position in Nice Systems by 97.0% in the third quarter. Eagle Asset Management now owns 409,570 shares of the company’s stock valued at $23,070,000 after buying an additional 201,628 shares during the period. Nationwide Fund Advisors increased its position in Nice Systems by 43.7% in the fourth quarter. Nationwide Fund Advisors now owns 25,000 shares of the company’s stock valued at $1,433,000 after buying an additional 7,600 shares during the period. Sei Investments Co. increased its position in Nice Systems by 1,489.0% in the fourth quarter. Sei Investments Co. now owns 82,550 shares of the company’s stock valued at $4,732,000 after buying an additional 77,355 shares during the period. OppenheimerFunds Inc. increased its position in Nice Systems by 7.5% in the fourth quarter. OppenheimerFunds Inc. now owns 1,425,690 shares of the company’s stock valued at $81,721,000 after buying an additional 99,830 shares during the period. Finally, American Capital Management Inc. increased its position in Nice Systems by 6.5% in the fourth quarter. American Capital Management Inc. now owns 400,845 shares of the company’s stock valued at $22,976,000 after buying an additional 24,560 shares during the period.

NICE-Systems Ltd. is a global software company. The Company provides solutions for enterprises and security-sensitive organizations for the prevention of financial crimes and fraud, and for security and public safety. It operates in three segments: Customer Interactions Solutions, Security Solutions and Financial Crime and Compliance Solutions.

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