Campbell & CO Investment Adviser LLC Invests $262,000 in TeleTech Holdings, Inc. $TTEC

Campbell & CO Investment Adviser LLC acquired a new stake in TeleTech Holdings, Inc. (NASDAQ:TTEC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 54,368 shares of the business services provider’s stock, valued at approximately $262,000. Campbell & CO Investment Adviser LLC owned approximately 0.11% of TeleTech as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. SummerHaven Investment Management LLC raised its stake in TeleTech by 2.9% in the 2nd quarter. SummerHaven Investment Management LLC now owns 135,266 shares of the business services provider’s stock valued at $651,000 after purchasing an additional 3,760 shares during the last quarter. Invesco Ltd. raised its position in shares of TeleTech by 4.8% in the first quarter. Invesco Ltd. now owns 91,912 shares of the business services provider’s stock valued at $302,000 after buying an additional 4,231 shares during the last quarter. AE Wealth Management LLC lifted its stake 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 valued at $86,000 after buying an additional 5,560 shares during the period. American Century Companies Inc. lifted its stake in shares of TeleTech by 20.3% during the first quarter. American Century Companies Inc. now owns 43,901 shares of the business services provider’s stock valued at $144,000 after buying an additional 7,393 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in TeleTech by 4.1% during the first quarter. Goldman Sachs Group Inc. now owns 565,274 shares of the business services provider’s stock worth $1,860,000 after acquiring an additional 22,247 shares during the last quarter. Hedge funds and other institutional investors own 38.03% of the company’s stock.

TeleTech Stock Down 5.6%

TTEC opened at $2.69 on Tuesday. TeleTech Holdings, Inc. has a 1 year low of $2.48 and a 1 year high of $5.86. The firm has a 50 day moving average price of $3.41 and a 200 day moving average price of $4.18. The company has a debt-to-equity ratio of 2.99, a quick ratio of 1.77 and a current ratio of 1.77. The company has a market cap of $130.60 million, a PE ratio of -4.98, a price-to-earnings-growth ratio of 0.36 and a beta of 1.22.

TeleTech (NASDAQ:TTEC) last released its quarterly earnings data on Thursday, November 6th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.13). The business had revenue of $519.14 million during the quarter, compared to analyst estimates of $497.92 million. TeleTech had a positive return on equity of 8.23% and a negative net margin of 1.20%. TeleTech has set its FY 2025 guidance at 0.950-1.200 EPS. Sell-side analysts expect that TeleTech Holdings, Inc. will post 0.33 earnings per share for the current year.

Wall Street Analyst Weigh In

TTEC has been the subject of several analyst reports. Barrington Research reiterated a “market perform” rating on shares of TeleTech in a report on Monday, August 18th. William Blair lowered TeleTech from an “outperform” rating to a “market perform” rating in a research note on Monday, November 10th. Zacks Research raised TeleTech to a “hold” rating in a research note on Friday, August 8th. Weiss Ratings restated a “sell (e+)” rating on shares of TeleTech in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of TeleTech from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Four equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $3.50.

About TeleTech

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.