XTX Topco Ltd Takes Position in TeleTech Holdings, Inc. (NASDAQ:TTEC)

XTX Topco Ltd purchased a new stake in shares of TeleTech Holdings, Inc. (NASDAQ:TTEC) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 37,675 shares of the business services provider’s stock, valued at approximately $124,000. XTX Topco Ltd owned about 0.08% of TeleTech as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. SummerHaven Investment Management LLC raised its stake in shares of TeleTech by 3.0% during the first quarter. SummerHaven Investment Management LLC now owns 131,506 shares of the business services provider’s stock valued at $433,000 after acquiring an additional 3,804 shares during the last quarter. Barclays PLC raised its stake in shares of TeleTech by 12.2% during the fourth 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. Quantinno Capital Management LP raised its stake in shares of TeleTech by 24.2% during the fourth quarter. Quantinno Capital Management LP now owns 25,561 shares of the business services provider’s stock valued at $128,000 after acquiring an additional 4,981 shares during the last quarter. AE Wealth Management LLC increased its position in shares of TeleTech by 27.1% during the first quarter. AE Wealth Management LLC now owns 26,048 shares of the business services provider’s stock worth $86,000 after buying an additional 5,560 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its position in shares of TeleTech by 20.8% during 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 period. Institutional investors own 38.03% of the company’s stock.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of TeleTech from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th.

TeleTech Trading Down 4.7%

TTEC opened at $3.64 on Friday. TeleTech Holdings, Inc. has a twelve month low of $2.67 and a twelve month high of $6.28. The company has a quick ratio of 1.96, a current ratio of 1.77 and a debt-to-equity ratio of 2.99. The company has a fifty day moving average of $4.74 and a 200-day moving average of $4.24. The stock has a market cap of $176.39 million, a PE ratio of -6.74, a price-to-earnings-growth ratio of 0.40 and a beta of 1.26.

TeleTech 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.