Nice Systems Ltd. (nice) Declares $0.13 Quarterly Dividend
Nice Systems Ltd. (NASDAQ:nice) announced a quarterly dividend on Thursday, November 10th. Investors of record on Tuesday, November 22nd will be paid a dividend of 0.131 per share on Tuesday, December 6th. This represents a $0.52 annualized dividend and a yield of 0.77%. The ex-dividend date of this dividend is Friday, November 18th.
Shares of Nice Systems (NASDAQ:NICE) opened at 67.78 on Friday. The company’s 50-day moving average price is $0.00 and its 200 day moving average price is $0.00. Nice Systems has a one year low of $54.12 and a one year high of $69.79.
Nice Systems (NASDAQ:NICE) last announced its quarterly earnings data on Thursday, November 10th. The company reported $0.83 EPS for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.02. The business earned $237.20 million during the quarter, compared to analyst estimates of $240.07 million. Nice Systems had a net margin of 27.48% and a return on equity of 13.37%. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.75 earnings per share. Analysts anticipate that Nice Systems will post $3.55 earnings per share for the current fiscal year.
Hedge funds have recently modified their holdings of the company. Ranger Investment Management L.P. boosted its stake in shares of Nice Systems by 117.5% in the second quarter. Ranger Investment Management L.P. now owns 7,810 shares of the company’s stock valued at $499,000 after buying an additional 4,220 shares in the last quarter. Emerald Acquisition Ltd. boosted its stake in Nice Systems by 32.1% in the third quarter. Emerald Acquisition Ltd. now owns 12,147 shares of the company’s stock valued at $813,000 after buying an additional 2,951 shares during the period. Marshall Wace LLP bought a new stake in Nice Systems during the second quarter valued at approximately $1,669,000. Parametric Portfolio Associates LLC boosted its stake in Nice Systems by 8.5% in the second quarter. Parametric Portfolio Associates LLC now owns 62,664 shares of the company’s stock valued at $4,001,000 after buying an additional 4,899 shares during the period. Finally, Axiom International Investors LLC DE boosted its stake in Nice Systems by 92.4% in the second quarter. Axiom International Investors LLC DE now owns 72,227 shares of the company’s stock valued at $4,612,000 after buying an additional 34,680 shares during the period. 39.66% of the stock is currently owned by hedge funds and other institutional investors.
Several research analysts recently issued reports on NICE shares. Oppenheimer Holdings Inc. reissued an “outperform” rating and issued a $75.00 price target on shares of Nice Systems in a research report on Monday, September 26th. Imperial Capital reissued an “outperform” rating and issued a $74.00 price target on shares of Nice Systems in a research report on Sunday, July 17th. Chardan Capital increased their price target on shares of Nice Systems from $70.00 to $72.00 and gave the stock a “buy” rating in a research report on Thursday, July 28th. Zacks Investment Research raised shares of Nice Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, October 4th. Finally, JMP Securities reissued a “buy” rating on shares of Nice Systems in a research report on Wednesday, August 31st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $73.29.
Nice Systems Company Profile
NICE Ltd., formerly NICE-Systems Ltd., is a global enterprise software provider. The Company’s segments include Customer Interactions Solutions, and Financial Crime and Compliance Solutions. The Customer Interactions Solutions segment provides data driven insights that enable businesses to deliver personalized experience to customers.
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