Barclays PLC Has $197,000 Holdings in TTEC Holdings, Inc. (NASDAQ:TTEC)

Barclays PLC lifted its position in shares of TTEC Holdings, Inc. (NASDAQ:TTEC) by 119.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,654 shares of the business services provider’s stock after purchasing an additional 18,339 shares during the quarter. Barclays PLC owned approximately 0.07% of TTEC worth $197,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. XTX Topco Ltd acquired a new stake in TTEC in the 3rd quarter valued at $59,000. Vanguard Personalized Indexing Management LLC acquired a new stake in TTEC in the 2nd quarter valued at $72,000. Magnetar Financial LLC acquired a new stake in TTEC in the 2nd quarter valued at $80,000. Quantinno Capital Management LP acquired a new stake in TTEC in the 3rd quarter valued at $121,000. Finally, Point72 Asia Singapore Pte. Ltd. boosted its stake in TTEC by 2,145,400.0% in the 2nd quarter. Point72 Asia Singapore Pte. Ltd. now owns 21,455 shares of the business services provider’s stock valued at $126,000 after buying an additional 21,454 shares in the last quarter. Institutional investors and hedge funds own 38.03% of the company’s stock.

TTEC Trading Down 1.8 %

Shares of TTEC opened at $3.90 on Wednesday. The stock has a fifty day moving average price of $4.77 and a two-hundred day moving average price of $5.22. The company has a debt-to-equity ratio of 3.47, a quick ratio of 1.93 and a current ratio of 1.93. TTEC Holdings, Inc. has a 52-week low of $3.67 and a 52-week high of $22.66. The company has a market cap of $186.14 million, a price-to-earnings ratio of -0.56, a PEG ratio of 1.58 and a beta of 1.06.

Analysts Set New Price Targets

Several brokerages recently commented on TTEC. StockNews.com lowered TTEC from a “hold” rating to a “sell” rating in a research note on Friday, November 15th. Guggenheim raised TTEC from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $11.90.

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.