ORG Wealth Partners LLC Raises Position in NICE Ltd. (NASDAQ:NICE)

ORG Wealth Partners LLC raised its holdings in shares of NICE Ltd. (NASDAQ:NICE) by 116.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 468 shares of the technology company’s stock after acquiring an additional 252 shares during the period. ORG Wealth Partners LLC’s holdings in NICE were worth $79,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Financial Designs Inc. ADV boosted its holdings in NICE by 208.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in NICE in the third quarter valued at approximately $41,000. GAMMA Investing LLC boosted its stake in shares of 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 purchasing an additional 116 shares during the period. Allspring Global Investments Holdings LLC grew 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 purchasing an additional 91 shares during the last quarter. Finally, Castleview Partners LLC purchased a new position in shares of NICE in the third quarter worth $88,000. 63.34% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on NICE shares. Jefferies Financial Group reissued a “hold” rating and issued a $200.00 price target (down previously from $215.00) on shares of NICE in a report on Thursday, December 19th. DA Davidson reduced their price target on NICE from $300.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $260.00 price objective on shares of NICE in a report on Friday, November 15th. Oppenheimer cut NICE from an “outperform” rating to a “market perform” rating in a research note on Friday, November 15th. Finally, Citigroup raised their price target on NICE from $330.00 to $334.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Three research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, NICE has a consensus rating of “Moderate Buy” and a consensus price target of $259.50.

NICE Stock Down 2.4 %

Shares of NICE opened at $161.66 on Friday. The stock has a market cap of $10.16 billion, a P/E ratio of 25.02, a P/E/G ratio of 1.46 and a beta of 1.06. The business’s 50 day moving average price is $178.97 and its 200-day moving average price is $174.30. NICE Ltd. has a 52 week low of $151.52 and a 52 week high of $270.73.

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.