Verint Systems Inc. (VRNT) Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Verint Systems Inc. (NASDAQ:VRNT) by 47.3% during the 4th quarter, Holdings Channel reports. The firm owned 7,739 shares of the technology company’s stock after buying an additional 2,484 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Verint Systems were worth $324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Fisher Asset Management LLC grew its position in Verint Systems by 2.0% in the 3rd quarter. Fisher Asset Management LLC now owns 2,169,121 shares of the technology company’s stock worth $90,778,000 after purchasing an additional 42,080 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its position in Verint Systems by 10.2% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,969,530 shares of the technology company’s stock worth $82,425,000 after purchasing an additional 181,583 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Verint Systems by 7.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,449,518 shares of the technology company’s stock worth $60,663,000 after purchasing an additional 96,051 shares during the last quarter. American Capital Management Inc. grew its position in Verint Systems by 23.7% in the 4th quarter. American Capital Management Inc. now owns 1,431,899 shares of the technology company’s stock worth $59,925,000 after purchasing an additional 274,094 shares during the last quarter. Finally, State Street Corp grew its position in Verint Systems by 5.5% in the 2nd quarter. State Street Corp now owns 1,258,532 shares of the technology company’s stock worth $51,225,000 after purchasing an additional 65,509 shares during the last quarter. Institutional investors own 92.87% of the company’s stock.

Shares of Verint Systems Inc. (NASDAQ:VRNT) opened at $39.55 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.63 and a debt-to-equity ratio of 0.71. Verint Systems Inc. has a 12-month low of $36.90 and a 12-month high of $44.70. The firm has a market cap of $2,522.54, a PE ratio of 24.26, a PEG ratio of 1.84 and a beta of 1.11.

Verint Systems (NASDAQ:VRNT) last issued its earnings results on Wednesday, December 6th. The technology company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.32. Verint Systems had a negative net margin of 1.41% and a positive return on equity of 9.90%. The business had revenue of $280.70 million for the quarter, compared to analyst estimates of $282.01 million. During the same period in the previous year, the business earned $0.59 EPS. The firm’s revenue was up 8.4% on a year-over-year basis. analysts anticipate that Verint Systems Inc. will post 1.82 earnings per share for the current year.

Several research firms have issued reports on VRNT. BidaskClub upgraded shares of Verint Systems from a “sell” rating to a “hold” rating in a research report on Thursday, December 21st. Zacks Investment Research lowered shares of Verint Systems from a “buy” rating to a “sell” rating in a research report on Saturday, February 3rd. Finally, Oppenheimer reiterated a “buy” rating and set a $49.00 target price on shares of Verint Systems in a research report on Wednesday, December 20th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $47.50.

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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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