NICE Ltd. (NASDAQ:NICE) Position Increased by Blue Trust Inc.

Blue Trust Inc. boosted its holdings in NICE Ltd. (NASDAQ:NICE) by 91.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,948 shares of the technology company’s stock after buying an additional 932 shares during the quarter. Blue Trust Inc.’s holdings in NICE were worth $338,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NICE. Creative Financial Designs Inc. ADV grew its holdings in shares of NICE by 208.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company’s stock worth $26,000 after acquiring an additional 100 shares during the last quarter. ORG Wealth Partners LLC purchased a new position in NICE in the 3rd quarter worth about $38,000. Wilmington Savings Fund Society FSB acquired a new stake in NICE during the 3rd quarter worth about $41,000. GAMMA Investing LLC lifted its stake in NICE by 89.9% during the third quarter. GAMMA Investing LLC now owns 245 shares of the technology company’s stock valued at $43,000 after buying an additional 116 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of NICE by 48.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 277 shares of the technology company’s stock worth $48,000 after buying an additional 91 shares during the period. Institutional investors own 63.34% of the company’s stock.

NICE Price Performance

NASDAQ NICE opened at $166.14 on Friday. The stock’s 50 day simple moving average is $174.47 and its 200 day simple moving average is $173.71. NICE Ltd. has a one year low of $151.52 and a one year high of $270.73. The firm has a market cap of $10.45 billion, a PE ratio of 25.72, a price-to-earnings-growth ratio of 1.16 and a beta of 1.06.

Analyst Ratings Changes

NICE has been the topic of several research reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $260.00 price objective on shares of NICE in a research note on Friday, November 15th. Jefferies Financial Group reissued a “hold” rating and set a $200.00 price objective (down previously from $215.00) on shares of NICE in a research report on Thursday, December 19th. StockNews.com raised NICE from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, January 21st. Cantor Fitzgerald began coverage on shares of NICE in a research note on Friday, January 17th. They issued a “neutral” rating and a $176.00 target price for the company. Finally, Oppenheimer downgraded shares of NICE from an “outperform” rating to a “market perform” rating in a report on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, NICE presently has an average rating of “Moderate Buy” and a consensus price target of $253.93.

NICE Company Profile

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.