Janney Montgomery Scott LLC grew its holdings in shares of Nice Ltd (NASDAQ:NICE) by 10.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,130 shares of the technology company’s stock after purchasing an additional 389 shares during the period. Janney Montgomery Scott LLC’s holdings in Nice were worth $594,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Invesco Ltd. acquired a new stake in Nice during the 2nd quarter worth about $372,502,000. William Blair Investment Management LLC grew its position in Nice by 22.1% during the 2nd quarter. William Blair Investment Management LLC now owns 1,351,820 shares of the technology company’s stock worth $185,185,000 after purchasing an additional 244,874 shares during the period. Acadian Asset Management LLC grew its position in Nice by 10.3% during the 2nd quarter. Acadian Asset Management LLC now owns 715,421 shares of the technology company’s stock worth $98,012,000 after purchasing an additional 66,561 shares during the period. Greystone Managed Investments Inc. grew its position in Nice by 8.6% during the 2nd quarter. Greystone Managed Investments Inc. now owns 322,277 shares of the technology company’s stock worth $44,152,000 after purchasing an additional 25,470 shares during the period. Finally, APG Asset Management N.V. grew its position in Nice by 7.8% during the 2nd quarter. APG Asset Management N.V. now owns 262,500 shares of the technology company’s stock worth $31,579,000 after purchasing an additional 18,900 shares during the period. Hedge funds and other institutional investors own 47.84% of the company’s stock.

Shares of NASDAQ:NICE traded down $0.14 during trading on Wednesday, reaching $158.08. 115 shares of the company’s stock traded hands, compared to its average volume of 192,338. Nice Ltd has a fifty-two week low of $102.56 and a fifty-two week high of $161.01. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.27. The firm has a market cap of $9.79 billion, a PE ratio of 40.93, a P/E/G ratio of 3.19 and a beta of 0.78. The company has a 50-day simple moving average of $151.02 and a 200-day simple moving average of $146.14.

Several brokerages have weighed in on NICE. ValuEngine downgraded Nice from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Rosenblatt Securities began coverage on Nice in a research report on Wednesday, September 4th. They set a “buy” rating and a $187.00 price target on the stock. Morgan Stanley set a $140.00 price target on Nice and gave the stock a “hold” rating in a research report on Friday, August 9th. JMP Securities increased their price target on Nice from $164.00 to $185.00 and gave the stock a “market outperform” rating in a research report on Friday, August 9th. Finally, JPMorgan Chase & Co. increased their price target on Nice from $150.00 to $166.00 and gave the stock an “overweight” rating in a research report on Monday, July 29th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Nice has a consensus rating of “Buy” and a consensus target price of $158.50.

Nice Company Profile

NICE Ltd. provides enterprise software solutions worldwide. The company operates in two segments, Customer Engagement, and Financial Crime and Compliance. The Customer Engagement segment offers platform and solutions that empower businesses to deliver consistent and personalized experience across the customer journey, and optimize business performance and ensure compliance.

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Institutional Ownership by Quarter for Nice (NASDAQ:NICE)

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