Smithfield Trust Co. held its stake in shares of Nice Systems Ltd. (NASDAQ:NICE) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,845 shares of the technology company’s stock at the end of the second quarter. Smithfield Trust Co.’s holdings in Nice Systems were worth $303,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the company. Janus Capital Management LLC boosted its stake in shares of Nice Systems by 6.5% in the first quarter. Janus Capital Management LLC now owns 4,482,834 shares of the technology company’s stock valued at $304,743,000 after buying an additional 273,959 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Nice Systems by 2.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,069,168 shares of the technology company’s stock valued at $276,623,000 after buying an additional 86,117 shares during the last quarter. OppenheimerFunds Inc. boosted its stake in shares of Nice Systems by 30.0% in the first quarter. OppenheimerFunds Inc. now owns 2,294,826 shares of the technology company’s stock valued at $156,002,000 after buying an additional 529,620 shares during the last quarter. Neuberger Berman Group LLC boosted its stake in shares of Nice Systems by 1.4% in the first quarter. Neuberger Berman Group LLC now owns 1,336,898 shares of the technology company’s stock valued at $90,882,000 after buying an additional 18,821 shares during the last quarter. Finally, Rivulet Capital LLC boosted its stake in shares of Nice Systems by 1.5% in the first quarter. Rivulet Capital LLC now owns 968,520 shares of the technology company’s stock valued at $65,840,000 after buying an additional 14,300 shares during the last quarter. 43.70% of the stock is currently owned by institutional investors.

Shares of Nice Systems Ltd. (NASDAQ NICE) opened at 76.58 on Monday. The company has a market capitalization of $4.60 billion, a price-to-earnings ratio of 47.27 and a beta of 0.87. Nice Systems Ltd. has a 1-year low of $63.72 and a 1-year high of $81.16.

Nice Systems (NASDAQ:NICE) last issued its earnings results on Thursday, August 3rd. The technology company reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.01. The business had revenue of $315.30 million during the quarter, compared to analyst estimates of $313.44 million. Nice Systems had a return on equity of 11.14% and a net margin of 7.99%. Nice Systems’s revenue was up 33.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.79 EPS. On average, analysts predict that Nice Systems Ltd. will post $3.97 earnings per share for the current fiscal year.

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Several equities research analysts recently weighed in on NICE shares. Zacks Investment Research raised Nice Systems from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 19th. BidaskClub cut Nice Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Oppenheimer Holdings, Inc. upped their price target on Nice Systems to $85.00 and gave the stock an “outperform” rating in a research note on Friday. Barclays PLC reaffirmed a “hold” rating on shares of Nice Systems in a research note on Monday. Finally, Citigroup Inc. started coverage on Nice Systems in a research note on Wednesday, June 7th. They issued a “neutral” rating and a $82.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $78.57.

About Nice Systems

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.

Institutional Ownership by Quarter for Nice Systems (NASDAQ:NICE)

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