BidaskClub cut shares of TTEC (NASDAQ:TTEC) from a buy rating to a hold rating in a research report sent to investors on Friday morning.
TTEC has been the subject of a number of other research reports. ValuEngine upgraded shares of TTEC from a strong sell rating to a sell rating in a research note on Thursday, October 4th. Zacks Investment Research upgraded shares of TTEC from a hold rating to a buy rating and set a $33.00 price objective for the company in a research note on Saturday, November 17th.
NASDAQ:TTEC opened at $29.06 on Friday. TTEC has a one year low of $23.01 and a one year high of $42.30. The firm has a market cap of $1.35 billion, a P/E ratio of 16.14, a P/E/G ratio of 2.26 and a beta of 0.78. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.83.
Hedge funds have recently made changes to their positions in the company. Piedmont Investment Advisors LLC acquired a new position in shares of TTEC in the 2nd quarter valued at $115,000. Ramsey Quantitative Systems grew its holdings in shares of TTEC by 123.5% in the 3rd quarter. Ramsey Quantitative Systems now owns 4,870 shares of the business services provider’s stock worth $126,000 after purchasing an additional 2,691 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of TTEC by 68.6% in the 2nd quarter. Acadian Asset Management LLC now owns 4,007 shares of the business services provider’s stock worth $139,000 after purchasing an additional 1,630 shares during the last quarter. Itau Unibanco Holding S.A. bought a new stake in shares of TTEC in the 2nd quarter worth about $143,000. Finally, SG Americas Securities LLC bought a new stake in shares of TTEC in the 2nd quarter worth about $199,000. Institutional investors own 25.20% of the company’s stock.
TTEC Company Profile
TTEC Holdings, Inc designs, builds, and operates omni-channel customer experiences. It operates through four segments: Customer Management Services (CMS), Customer Growth Services (CGS), Customer Technology Services (CTS), and Customer Strategy Services (CSS). The CMS segment offers customer experience delivery solutions, which integrate technology with customer experience professionals to optimize the customer experience across various channels and stages of the customer lifecycle from an onshore, offshore, or work-from-home environments.
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