Nisa Investment Advisors LLC Makes New Investment in TTEC Holdings, Inc. (NASDAQ:TTEC)

Nisa Investment Advisors LLC bought a new stake in TTEC Holdings, Inc. (NASDAQ:TTEC) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 35,203 shares of the business services provider’s stock, valued at approximately $176,000. Nisa Investment Advisors LLC owned about 0.07% of TTEC as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. XTX Topco Ltd bought a new stake in shares of TTEC in the 3rd quarter worth approximately $59,000. GAMMA Investing LLC raised its stake in shares of TTEC by 1,054.6% in the fourth quarter. GAMMA Investing LLC now owns 12,828 shares of the business services provider’s stock valued at $64,000 after buying an additional 11,717 shares during the period. Quantinno Capital Management LP bought a new stake in shares of TTEC in the third quarter valued at $121,000. Point72 Asia Singapore Pte. Ltd. lifted its position in shares of TTEC by 2,145,400.0% during 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 during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of TTEC by 16.2% during the 2nd quarter. American Century Companies Inc. now owns 26,965 shares of the business services provider’s stock worth $159,000 after acquiring an additional 3,756 shares during the period. 38.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of TTEC from a “hold” rating to a “sell” rating in a report on Friday, November 15th. One investment 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, the company has an average rating of “Hold” and an average price target of $11.90.

TTEC Stock Performance

NASDAQ:TTEC opened at $3.75 on Friday. The business’s fifty day moving average is $4.66 and its 200 day moving average is $5.12. The firm has a market cap of $178.99 million, a price-to-earnings ratio of -0.54, a PEG ratio of 1.56 and a beta of 1.06. 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 $21.09.

About TTEC

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.