CCLA Investment Management Has $119.52 Million Stock Holdings in NICE Ltd. (NASDAQ:NICE)

CCLA Investment Management lifted its position in NICE Ltd. (NASDAQ:NICE) by 14.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 704,494 shares of the technology company’s stock after buying an additional 87,003 shares during the quarter. NICE comprises approximately 1.9% of CCLA Investment Management’s holdings, making the stock its 26th largest position. CCLA Investment Management’s holdings in NICE were worth $119,517,000 at the end of the most recent reporting period.

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

NICE Stock Performance

NICE stock opened at $169.34 on Wednesday. NICE Ltd. has a 52 week low of $151.52 and a 52 week high of $270.73. The firm has a market cap of $10.65 billion, a P/E ratio of 26.21, a P/E/G ratio of 1.46 and a beta of 1.06. The business’s fifty day moving average is $178.69 and its two-hundred day moving average is $174.44.

Analyst Ratings Changes

NICE has been the subject of several research reports. Jefferies Financial Group reiterated 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. DA Davidson decreased their price objective on NICE from $300.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Northland Securities cut their target price on NICE from $275.00 to $250.00 and set an “outperform” rating for the company in a research note on Friday, November 15th. Piper Sandler reaffirmed a “neutral” rating on shares of NICE in a research report on Thursday, November 14th. Finally, StockNews.com lowered shares of NICE from a “strong-buy” rating to a “buy” rating in a report on Monday. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $259.50.

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.