River Road Asset Management LLC acquired a new stake in Nice Ltd (NASDAQ:NICE) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 2,558 shares of the technology company’s stock, valued at approximately $235,000.

A number of other large investors have also recently bought and sold shares of NICE. Bank of New York Mellon Corp lifted its holdings in Nice by 12.6% in the second quarter. Bank of New York Mellon Corp now owns 11,482 shares of the technology company’s stock valued at $905,000 after acquiring an additional 1,281 shares during the period. Ameriprise Financial Inc. lifted its holdings in Nice by 16.9% in the second quarter. Ameriprise Financial Inc. now owns 5,014 shares of the technology company’s stock valued at $395,000 after acquiring an additional 724 shares during the period. American Capital Management Inc. lifted its holdings in Nice by 0.6% in the third quarter. American Capital Management Inc. now owns 567,032 shares of the technology company’s stock valued at $46,105,000 after acquiring an additional 3,290 shares during the period. Tygh Capital Management Inc. lifted its holdings in Nice by 58.6% in the third quarter. Tygh Capital Management Inc. now owns 92,906 shares of the technology company’s stock valued at $7,554,000 after acquiring an additional 34,320 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in Nice in the third quarter valued at $3,742,000. Hedge funds and other institutional investors own 44.96% of the company’s stock.

NICE has been the subject of a number of recent analyst reports. Chardan Capital raised their target price on Nice from $84.00 to $91.00 and gave the company a “buy” rating in a report on Monday, October 16th. JPMorgan Chase & Co. downgraded Nice from an “overweight” rating to a “neutral” rating in a report on Friday, November 3rd. Jefferies Group raised their target price on Nice from $84.00 to $87.00 and gave the company a “hold” rating in a report on Friday, November 3rd. Citigroup raised their target price on Nice from $83.00 to $93.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. Finally, Oppenheimer reissued a “buy” rating and issued a $100.00 target price (up previously from $90.00) on shares of Nice in a report on Wednesday, December 13th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $88.88.

Nice Ltd (NASDAQ NICE) opened at $86.61 on Friday. The stock has a market capitalization of $5,139.77, a price-to-earnings ratio of 34.24, a PEG ratio of 3.34 and a beta of 0.79. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.28 and a current ratio of 1.28. Nice Ltd has a one year low of $65.72 and a one year high of $95.65.

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Nice Company Profile

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.

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Institutional Ownership by Quarter for Nice (NASDAQ:NICE)

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