Lingohr Asset Management GmbH Has $358,000 Holdings in Verint Systems Inc. (NASDAQ:VRNT)

Lingohr Asset Management GmbH lowered its stake in Verint Systems Inc. (NASDAQ:VRNT) by 34.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,056 shares of the technology company’s stock after selling 6,956 shares during the period. Lingohr Asset Management GmbH’s holdings in Verint Systems were worth $358,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Magnetar Financial LLC lifted its position in shares of Verint Systems by 15.9% in the fourth quarter. Magnetar Financial LLC now owns 26,649 shares of the technology company’s stock worth $732,000 after buying an additional 3,657 shares during the last quarter. Teacher Retirement System of Texas lifted its position in shares of Verint Systems by 30.6% in the fourth quarter. Teacher Retirement System of Texas now owns 40,710 shares of the technology company’s stock worth $1,117,000 after buying an additional 9,541 shares during the last quarter. Boston Partners lifted its position in shares of Verint Systems by 52.2% in the fourth quarter. Boston Partners now owns 858,171 shares of the technology company’s stock worth $23,257,000 after buying an additional 294,381 shares during the last quarter. William Blair Investment Management LLC lifted its position in shares of Verint Systems by 2.4% in the fourth quarter. William Blair Investment Management LLC now owns 1,406,682 shares of the technology company’s stock worth $38,613,000 after buying an additional 32,682 shares during the last quarter. Finally, Campbell Capital Management Inc. acquired a new stake in shares of Verint Systems in the fourth quarter worth about $110,000. Institutional investors and hedge funds own 94.95% of the company’s stock.

Verint Systems Trading Up 2.1 %

Shares of VRNT opened at $22.48 on Thursday. Verint Systems Inc. has a 12-month low of $20.67 and a 12-month high of $38.17. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 23.92, a P/E/G ratio of 0.97 and a beta of 1.29. The stock’s 50-day moving average price is $24.34 and its 200 day moving average price is $25.04.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. StockNews.com upgraded Verint Systems from a “hold” rating to a “buy” rating in a research note on Wednesday, March 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $36.00 price objective on shares of Verint Systems in a research note on Wednesday, January 15th. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective on shares of Verint Systems in a research note on Friday, January 10th. Finally, Jefferies Financial Group lifted their price objective on Verint Systems from $28.00 to $34.00 and gave the stock a “hold” rating in a research note on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.