2 weeks Ago By ABMN Staff
Teacher Retirement System of Texas boosted its position in Verint Systems Inc. ( NASDAQ:VRNT – Free Report ) by 30.6% in the 4th quarter, Holdings Channel reports.
The fund owned 40,710 shares of the technology company’s stock after purchasing an additional 9,541 shares during the period. Teacher Retirement System of Texas’ holdings in Verint Systems were worth $1,117,000 at the end of the most recent quarter. Other institutional investors also recently bought and sold shares of the company.
Intech Investment Management LLC acquired a new position in Verint Systems in the third quarter valued at $571,000. Charles Schwab Investment Management Inc. increased its stake in shares of Verint Systems by 1.
1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 651,741 shares of the technology company’s stock valued at $16,509,000 after acquiring an additional 7,409 shares during the last quarter.
Quantbot Technologies LP purchased a new position in shares of Verint Systems during the 3rd quarter worth about $58,000. FMR LLC grew its holdings in Verint Systems by 312.3% in the third quarter.
FMR LLC now owns 10,065 shares of the technology company’s stock valued at $255,000 after purchasing an additional 7,624 shares during the period. Finally, BNP Paribas Financial Markets raised its stake in Verint Systems by 141.4% during the third quarter.
BNP Paribas Financial Markets now owns 151,266 shares of the technology company’s stock worth $3,832,000 after purchasing an additional 88,616 shares during the period. 94.95% of the stock is currently owned by institutional investors and hedge funds.
Verint Systems Stock Performance Shares of NASDAQ:VRNT opened at $17.85 on Friday. The business’s 50-day simple moving average is $23.
75 and its 200 day simple moving average is $24.68. The company has a market cap of $1.
11 billion, a P/E ratio of 18.99, a PEG ratio of 0.97 and a beta of 1.
29. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.
28 and a current ratio of 1.32. Verint Systems Inc.
has a one year low of $17.64 and a one year high of $38.17.
Wall Street Analyst Weigh In VRNT has been the subject of several research reports. Wedbush lowered their price objective on shares of Verint Systems from $38.00 to $30.
00 and set an “outperform” rating for the company in a research note on Friday. Jefferies Financial Group upped their price target on Verint Systems from $28.00 to $34.
00 and gave the stock a “hold” rating in a research note on Friday, December 6th. StockNews.com lowered Verint Systems from a “buy” rating to a “hold” rating in a research note on Thursday.
Needham & Company LLC dropped their target price on shares of Verint Systems from $40.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday.
Finally, Evercore ISI reduced their price target on shares of Verint Systems from $34.00 to $23.00 and set an “in-line” rating on the stock in a research report on Thursday.
Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Verint Systems has a consensus rating of “Moderate Buy” and an average target price of $30.33.
View Our Latest Stock Analysis on VRNT About Verint Systems ( Free Report ) Verint Systems Inc provides customer engagement solutions worldwide. It offers forecasting and scheduling, channels and routing, knowledge management, fraud and security solutions, quality and compliance, analytics and insights, real-time assistance, self-services, financial compliance, and voice pf the consumer solutions. Further Reading Want to see what other hedge funds are holding VRNT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Verint Systems Inc. ( NASDAQ:VRNT – Free Report ). Receive News & Ratings for Verint Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verint Systems and related companies with MarketBeat.
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