Blue Trust Inc. Acquires 13,904 Shares of TELUS International (Cda) Inc. (NYSE:TIXT)

Blue Trust Inc. increased its holdings in shares of TELUS International (Cda) Inc. (NYSE:TIXT) by 62.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 36,332 shares of the company’s stock after acquiring an additional 13,904 shares during the period. Blue Trust Inc.’s holdings in TELUS International (Cda) were worth $142,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TIXT. DGS Capital Management LLC boosted its holdings in shares of TELUS International (Cda) by 16.4% in the third quarter. DGS Capital Management LLC now owns 36,742 shares of the company’s stock valued at $144,000 after purchasing an additional 5,164 shares during the period. Virtu Financial LLC bought a new stake in TELUS International (Cda) during the 3rd quarter valued at $54,000. Walleye Capital LLC purchased a new stake in shares of TELUS International (Cda) in the 3rd quarter worth $60,000. Barclays PLC grew its position in shares of TELUS International (Cda) by 118.8% during the 3rd quarter. Barclays PLC now owns 30,629 shares of the company’s stock worth $120,000 after buying an additional 16,629 shares in the last quarter. Finally, PFW Advisors LLC purchased a new position in shares of TELUS International (Cda) during the fourth quarter valued at $67,000. 59.55% of the stock is owned by institutional investors.

TELUS International (Cda) Stock Up 0.9 %

Shares of TIXT stock opened at $3.84 on Thursday. TELUS International has a 1-year low of $2.83 and a 1-year high of $11.51. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market cap of $1.05 billion, a price-to-earnings ratio of -76.70, a price-to-earnings-growth ratio of 1.44 and a beta of 0.67. The stock’s fifty day moving average price is $3.77 and its 200 day moving average price is $3.87.

TELUS International (Cda) (NYSE:TIXT) last released its earnings results on Friday, November 8th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.03. The company had revenue of $658.00 million for the quarter, compared to the consensus estimate of $650.10 million. TELUS International (Cda) had a net margin of 1.17% and a return on equity of 9.67%. During the same quarter in the previous year, the firm earned $0.19 EPS. On average, research analysts expect that TELUS International will post 0.43 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on TIXT shares. Stifel Nicolaus assumed coverage on shares of TELUS International (Cda) in a research note on Thursday, January 16th. They issued a “buy” rating and a $5.00 price objective for the company. Stifel Canada upgraded shares of TELUS International (Cda) to a “strong-buy” rating in a report on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $7.20.

TELUS International (Cda) Company Profile

TELUS International (Cda) Inc design, builds, and delivers digital solutions for customer experience (CX) in the Asia-Pacific, the Central America, Europe, Africa, North America, and internationally. The company provides digital experience solutions, such as AI and bots, omnichannel CX, enterprise mobility solutions, cloud contact center, big data analytics, platform transformation, and UX/UI design; and customer experience solutions, including work anywhere/work from home, contact center outsourcing, technical support, sales growth and customer retention, healthcare/patient experience, and debt collection.