Jane Street Group LLC Has $67,000 Stock Holdings in TTEC Holdings, Inc. (NASDAQ:TTEC)

Jane Street Group LLC trimmed its holdings in TTEC Holdings, Inc. (NASDAQ:TTEC) by 70.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,346 shares of the business services provider’s stock after selling 32,300 shares during the period. Jane Street Group LLC’s holdings in TTEC were worth $67,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of TTEC. Quantbot Technologies LP boosted its holdings in TTEC by 140.5% in the fourth quarter. Quantbot Technologies LP now owns 12,883 shares of the business services provider’s stock worth $64,000 after purchasing an additional 7,527 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of 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 buying an additional 6,273 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of TTEC during the 4th quarter worth about $142,000. Gabelli Funds LLC boosted its stake in shares of TTEC by 304.9% during the 4th quarter. Gabelli Funds LLC now owns 165,013 shares of the business services provider’s stock worth $823,000 after acquiring an additional 124,263 shares in the last quarter. Finally, Barclays PLC increased its holdings in shares of TTEC by 12.2% during the 4th quarter. Barclays PLC now owns 37,771 shares of the business services provider’s stock valued at $189,000 after acquiring an additional 4,117 shares during the last quarter. Institutional investors and hedge funds own 38.03% of the company’s stock.

TTEC Stock Up 0.6%

TTEC stock opened at $5.01 on Monday. The stock has a market capitalization of $239.64 million, a price-to-earnings ratio of -0.72, a price-to-earnings-growth ratio of 1.53 and a beta of 1.28. The company has a 50-day moving average of $4.42 and a two-hundred day moving average of $4.22. TTEC Holdings, Inc. has a 52-week low of $3.11 and a 52-week high of $8.45. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.93 and a quick ratio of 1.93.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wall Street Zen upgraded TTEC from a “hold” rating to a “buy” rating in a report on Saturday. Canaccord Genuity Group dropped their price target on shares of TTEC from $4.50 to $3.50 and set a “hold” rating on the stock in a research report on Monday, March 3rd.

TTEC 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.