Mount Yale Investment Advisors LLC Purchases 280 Shares of NICE Ltd. (NASDAQ:NICE)

Mount Yale Investment Advisors LLC grew its holdings in shares of NICE Ltd. (NASDAQ:NICE) by 17.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,918 shares of the technology company’s stock after buying an additional 280 shares during the period. Mount Yale Investment Advisors LLC’s holdings in NICE were worth $326,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. American Century Companies Inc. boosted its stake in NICE by 6.8% during the second quarter. American Century Companies Inc. now owns 4,569 shares of the technology company’s stock worth $786,000 after acquiring an additional 289 shares in the last quarter. ProShare Advisors LLC increased its holdings in shares of NICE by 49.5% during the second quarter. ProShare Advisors LLC now owns 1,796 shares of the technology company’s stock valued at $309,000 after acquiring an additional 595 shares in the last quarter. Creative Planning raised its position in shares of NICE by 9.9% in the 2nd quarter. Creative Planning now owns 7,391 shares of the technology company’s stock worth $1,271,000 after purchasing an additional 666 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in NICE by 21.3% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 1,708 shares of the technology company’s stock worth $294,000 after purchasing an additional 300 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in NICE during the 2nd quarter valued at about $595,000. 63.34% of the stock is owned by hedge funds and other institutional investors.

NICE Stock Down 0.7 %

NASDAQ NICE opened at $166.00 on Thursday. NICE Ltd. has a 52 week low of $151.52 and a 52 week high of $270.73. The company has a market capitalization of $10.44 billion, a P/E ratio of 25.70, a price-to-earnings-growth ratio of 1.15 and a beta of 1.06. The stock’s 50-day moving average price is $174.78 and its 200-day moving average price is $173.92.

Analyst Ratings Changes

A number of equities research analysts have recently commented on NICE shares. Jefferies Financial Group reiterated a “hold” rating and set a $200.00 price target (down previously from $215.00) on shares of NICE in a report on Thursday, December 19th. Royal Bank of Canada reissued an “outperform” rating and issued a $260.00 target price on shares of NICE in a research report on Friday, November 15th. Northland Securities lowered their target price on shares of NICE from $275.00 to $250.00 and set an “outperform” rating on the stock in a research note on Friday, November 15th. StockNews.com upgraded shares of NICE from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, January 21st. Finally, DA Davidson lowered their price objective on shares of NICE from $300.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, NICE has an average rating of “Moderate Buy” and a consensus target price 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.