First Quadrant L P CA acquired a new position in Verint Systems Inc. (NASDAQ:VRNT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,481 shares of the technology company’s stock, valued at approximately $439,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Atria Investments LLC lifted its holdings in Verint Systems by 1.3% in the second quarter. Atria Investments LLC now owns 4,908 shares of the technology company’s stock worth $200,000 after buying an additional 63 shares during the period. Creative Planning lifted its holdings in shares of Verint Systems by 0.9% during the second quarter. Creative Planning now owns 7,856 shares of the technology company’s stock valued at $320,000 after purchasing an additional 67 shares during the last quarter. Amalgamated Bank lifted its holdings in shares of Verint Systems by 2.1% during the second quarter. Amalgamated Bank now owns 7,969 shares of the technology company’s stock valued at $324,000 after purchasing an additional 163 shares during the last quarter. Carleon Capital Partners LLC lifted its holdings in shares of Verint Systems by 0.8% during the second quarter. Carleon Capital Partners LLC now owns 29,903 shares of the technology company’s stock valued at $1,199,000 after purchasing an additional 250 shares during the last quarter. Finally, Hartford Investment Management Co. lifted its holdings in shares of Verint Systems by 0.4% during the second quarter. Hartford Investment Management Co. now owns 73,002 shares of the technology company’s stock valued at $2,971,000 after purchasing an additional 260 shares during the last quarter. Institutional investors and hedge funds own 93.37% of the company’s stock.

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Shares of Verint Systems Inc. (NASDAQ:VRNT) opened at $42.15 on Monday. The firm has a market cap of $2,686.42, a P/E ratio of 26.18, a P/E/G ratio of 2.33 and a beta of 1.25. The company has a current ratio of 1.63, a quick ratio of 1.59 and a debt-to-equity ratio of 0.72. Verint Systems Inc. has a 1 year low of $33.40 and a 1 year high of $44.70.

Verint Systems (NASDAQ:VRNT) last announced its quarterly earnings results on Wednesday, September 6th. The technology company reported $0.61 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.14. The company had revenue of $278.20 million during the quarter, compared to the consensus estimate of $270.14 million. Verint Systems had a negative net margin of 2.42% and a positive return on equity of 9.90%. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.57 earnings per share. research analysts forecast that Verint Systems Inc. will post 1.81 EPS for the current fiscal year.

Several equities analysts have recently issued reports on VRNT shares. Deutsche Bank AG lifted their target price on shares of Verint Systems from $42.00 to $44.00 and gave the company a “hold” rating in a report on Thursday, September 7th. Royal Bank Of Canada reiterated a “buy” rating and set a $48.00 target price on shares of Verint Systems in a report on Tuesday, August 15th. Oppenheimer Holdings, Inc. reiterated a “buy” rating and set a $49.00 target price on shares of Verint Systems in a report on Thursday, September 7th. Finally, Zacks Investment Research upgraded shares of Verint Systems from a “hold” rating to a “buy” rating and set a $46.00 target price for the company in a report on Wednesday, September 13th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $46.43.

About Verint Systems

Verint Systems Inc offers Actionable Intelligence solutions. The Company delivers its Actionable Intelligence solutions through two operating segments: Customer Engagement Solutions and Cyber Intelligence Solutions. It is a provider of customer engagement software and services that can be deployed on-premises or in the cloud.

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Institutional Ownership by Quarter for Verint Systems (NASDAQ:VRNT)

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