TTEC Holdings, Inc. (NASDAQ:TTEC) Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL decreased its position in TTEC Holdings, Inc. (NASDAQ:TTEC - Free Report) by 41.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 95,138 shares of the business services provider's stock after selling 68,001 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.20% of TTEC worth $475,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of TTEC. Barclays PLC grew its position in shares of TTEC by 12.2% during the fourth quarter. Barclays PLC now owns 37,771 shares of the business services provider's stock worth $189,000 after purchasing an additional 4,117 shares in the last quarter. American Century Companies Inc. increased its stake in TTEC by 13.4% in the fourth quarter. American Century Companies Inc. now owns 36,508 shares of the business services provider's stock worth $182,000 after purchasing an additional 4,313 shares during the period. Price T Rowe Associates Inc. MD increased its stake in TTEC by 20.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 36,443 shares of the business services provider's stock worth $182,000 after purchasing an additional 6,273 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of TTEC by 77.0% in the 4th quarter. JPMorgan Chase & Co. now owns 16,892 shares of the business services provider's stock worth $84,000 after buying an additional 7,347 shares during the period. Finally, Quantbot Technologies LP boosted its position in TTEC by 140.5% during the fourth quarter. Quantbot Technologies LP now owns 12,883 shares of the business services provider's stock valued at $64,000 after purchasing an additional 7,527 shares in the last quarter. Institutional investors own 38.03% of the company's stock.

TTEC Trading Down 2.9%

NASDAQ TTEC traded down $0.15 on Wednesday, reaching $5.05. 102,090 shares of the company were exchanged, compared to its average volume of 605,066. TTEC Holdings, Inc. has a fifty-two week low of $3.11 and a fifty-two week high of $8.45. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 3.47. The stock has a market capitalization of $241.41 million, a P/E ratio of -0.72, a price-to-earnings-growth ratio of 1.53 and a beta of 1.22. The business's fifty day moving average price is $3.83 and its 200 day moving average price is $4.21.

TTEC (NASDAQ:TTEC - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The business services provider reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.09). TTEC had a positive return on equity of 5.00% and a negative net margin of 14.69%. The company had revenue of $567.44 million for the quarter, compared to analyst estimates of $575.73 million. Analysts forecast that TTEC Holdings, Inc. will post 0.33 earnings per share for the current year.

Wall Street Analyst Weigh In

TTEC has been the topic of several recent analyst reports. StockNews.com upgraded shares of TTEC from a "sell" rating to a "hold" rating in a report on Saturday, March 8th. Canaccord Genuity Group reduced their price objective on TTEC from $4.50 to $3.50 and set a "hold" rating for the company in a research note on Monday, March 3rd.

TTEC Company Profile

TTEC Holdings, Inc operates as a customer experience (CX) company that designs, builds, and operates technology-enabled customer experiences across digital and live interaction channels. It operates through two segments, TTEC Digital and TTEC Engage. The TTEC Digital segment provides CX technologies for contact center as a service, customer relationship management, and artificial intelligence (AI) and analytics; creates and implements strategic CX transformation roadmaps; sells, operates, and provides managed services for cloud platforms and premise based CX technologies; creates proprietary IP to support industry specific and custom client needs; and offers CX consulting services.