Verint Systems Inc. (NASDAQ:VRNT) Position Increased by Boston Partners

Boston Partners increased its holdings in Verint Systems Inc. (NASDAQ:VRNT - Free Report) by 52.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 858,171 shares of the technology company's stock after buying an additional 294,381 shares during the period. Boston Partners owned about 1.38% of Verint Systems worth $23,257,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of VRNT. Global Alpha Capital Management Ltd. increased its position in Verint Systems by 39.5% in the fourth quarter. Global Alpha Capital Management Ltd. now owns 1,717,703 shares of the technology company's stock worth $47,151,000 after buying an additional 486,000 shares during the period. Fisher Asset Management LLC grew its position in shares of Verint Systems by 26.5% during the third quarter. Fisher Asset Management LLC now owns 1,516,409 shares of the technology company's stock worth $38,411,000 after acquiring an additional 317,804 shares during the last quarter. Dana Investment Advisors Inc. acquired a new stake in shares of Verint Systems in the 4th quarter worth about $6,907,000. Disciplined Growth Investors Inc. MN bought a new stake in Verint Systems in the 3rd quarter valued at about $5,083,000. Finally, Raymond James Financial Inc. acquired a new position in Verint Systems during the 4th quarter valued at about $5,276,000. Institutional investors own 94.95% of the company's stock.

Verint Systems Price Performance

Shares of VRNT stock traded down $0.14 during mid-day trading on Tuesday, hitting $21.80. 1,441,856 shares of the stock traded hands, compared to its average volume of 729,619. Verint Systems Inc. has a twelve month low of $20.67 and a twelve month high of $38.17. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.28 and a current ratio of 1.32. The company's 50-day simple moving average is $24.14 and its 200-day simple moving average is $24.84. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 23.19, a price-to-earnings-growth ratio of 0.97 and a beta of 1.29.

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Analysts Set New Price Targets

A number of research firms have recently weighed in on VRNT. Jefferies Financial Group lifted their price target on Verint Systems from $28.00 to $34.00 and gave the company a "hold" rating in a report on Friday, December 6th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $36.00 target price on shares of Verint Systems in a research note on Wednesday, January 15th. Needham & Company LLC reissued a "buy" rating and issued a $40.00 price target on shares of Verint Systems in a research note on Friday, January 10th. Finally, StockNews.com raised Verint Systems from a "hold" rating to a "buy" rating in a report on Wednesday, March 12th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Verint Systems presently has an average rating of "Moderate Buy" and an average target price of $35.67.

Verint Systems Company Profile

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.