Rothschild Investment LLC Has $87,000 Stock Position in NICE Ltd. (NASDAQ:NICE)

Rothschild Investment LLC lifted its stake in NICE Ltd. (NASDAQ:NICE) by 18.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 512 shares of the technology company’s stock after purchasing an additional 80 shares during the quarter. Rothschild Investment LLC’s holdings in NICE were worth $87,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Financial Perspectives Inc boosted its position in shares of NICE by 11.6% in 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. boosted its position in NICE by 43.8% during the 4th quarter. Richardson Financial Services Inc. now owns 220 shares of the technology company’s stock worth $38,000 after acquiring an additional 67 shares during the period. Berry Wealth Group LP boosted its position 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. Allspring Global Investments Holdings LLC boosted its position in NICE by 48.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 277 shares of the technology company’s stock worth $48,000 after acquiring an additional 91 shares during the period. Finally, Creative Financial Designs Inc. ADV boosted its position in NICE by 208.3% during 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 period. Institutional investors and hedge funds own 63.34% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on NICE shares. DA Davidson decreased their price objective on NICE from $300.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Oppenheimer lowered NICE from an “outperform” rating to a “market perform” rating in a research report on Friday, November 15th. Jefferies Financial Group restated a “hold” rating and set a $200.00 price objective (down from $215.00) on shares of NICE in a research report on Thursday, December 19th. Cantor Fitzgerald decreased their price objective on NICE from $176.00 to $161.00 and set a “neutral” rating for the company in a research report on Friday, February 21st. Finally, Citigroup cut their price target on NICE from $279.00 to $228.00 and set a “buy” rating for the company in a research note on Monday. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $231.64.

NICE Stock Down 4.4 %

Shares of NASDAQ NICE opened at $144.89 on Thursday. The business’s 50 day moving average is $168.07 and its two-hundred day moving average is $172.70. The company has a market cap of $9.11 billion, a P/E ratio of 21.43, a P/E/G ratio of 1.07 and a beta of 1.06. NICE Ltd. has a 12 month low of $144.62 and a 12 month high of $270.73.

NICE (NASDAQ:NICE) last issued its quarterly earnings results on Thursday, February 20th. The technology company reported $2.25 EPS for the quarter, missing the consensus estimate of $2.96 by ($0.71). The business had revenue of $721.60 million during 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%. Sell-side analysts expect that NICE Ltd. will post 9.85 earnings per share for the current fiscal year.

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.