32,835 Shares in NICE Ltd. (NASDAQ:NICE) Acquired by Haven Capital Group Inc.

Haven Capital Group Inc. acquired a new position in shares of NICE Ltd. (NASDAQ:NICE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 32,835 shares of the technology company’s stock, valued at approximately $5,577,000. NICE makes up 5.2% of Haven Capital Group Inc.’s holdings, making the stock its 6th biggest holding. Haven Capital Group Inc. owned approximately 0.05% of NICE as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of NICE. Financial Perspectives Inc lifted its position in NICE by 11.6% during the 4th quarter. Financial Perspectives Inc now owns 635 shares of the technology company’s stock valued at $108,000 after purchasing an additional 66 shares during the period. Richardson Financial Services Inc. lifted its holdings in NICE by 43.8% in the fourth quarter. Richardson Financial Services Inc. now owns 220 shares of the technology company’s stock valued at $38,000 after buying an additional 67 shares during the period. Dorsey & Whitney Trust CO LLC boosted its stake in NICE by 5.7% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,428 shares of the technology company’s stock valued at $243,000 after acquiring an additional 77 shares during the last quarter. Berry Wealth Group LP grew its holdings in NICE by 5.2% during the 4th quarter. Berry Wealth Group LP now owns 1,616 shares of the technology company’s stock worth $274,000 after acquiring an additional 80 shares during the period. Finally, Rothschild Investment LLC raised its position in shares of NICE by 18.5% during the 4th quarter. Rothschild Investment LLC now owns 512 shares of the technology company’s stock valued at $87,000 after acquiring an additional 80 shares during the last quarter. 63.34% of the stock is currently owned by institutional investors.

NICE Stock Performance

NASDAQ:NICE opened at $151.05 on Tuesday. The stock has a 50-day simple moving average of $160.75 and a 200 day simple moving average of $169.95. NICE Ltd. has a 52-week low of $137.19 and a 52-week high of $270.73. The company has a market cap of $9.50 billion, a PE ratio of 22.34, a PEG ratio of 1.07 and a beta of 1.12.

NICE (NASDAQ:NICE) last issued its quarterly earnings results on Thursday, February 20th. The technology company reported $2.25 earnings per share for the quarter, missing the consensus estimate of $2.96 by ($0.71). The business had revenue of $721.60 million for the quarter, compared to the consensus estimate of $718.47 million. NICE had a return on equity of 16.17% and a net margin of 16.18%. On average, research analysts predict that NICE Ltd. will post 9.85 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on NICE shares. Jefferies Financial Group reissued a “hold” rating and issued a $200.00 target price (down previously from $215.00) on shares of NICE in a research note on Thursday, December 19th. Royal Bank of Canada cut their price target on shares of NICE from $260.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday, February 21st. Rosenblatt Securities decreased their price objective on shares of NICE from $225.00 to $200.00 and set a “buy” rating for the company in a report on Friday, February 21st. StockNews.com lowered shares of NICE from a “strong-buy” rating to a “buy” rating in a report on Monday, February 17th. Finally, Cantor Fitzgerald decreased their price target on shares of NICE from $176.00 to $161.00 and set a “neutral” rating for the company in a report on Friday, February 21st. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $231.64.

About NICE

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 the customer engagement market; and smart self service 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.