PFW Advisors LLC Buys New Shares in TELUS International (Cda) Inc. (NYSE:TIXT)

PFW Advisors LLC purchased a new position in shares of TELUS International (Cda) Inc. (NYSE:TIXT) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 17,049 shares of the company’s stock, valued at approximately $67,000.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in shares of TELUS International (Cda) during the 3rd quarter worth about $24,223,000. DGS Capital Management LLC raised its stake in 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 buying an additional 5,164 shares during the period. Virtu Financial LLC acquired a new stake in shares of TELUS International (Cda) in the third quarter valued at approximately $54,000. Barclays PLC boosted its stake 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 acquiring an additional 16,629 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in TELUS International (Cda) in the 3rd quarter valued at $115,000. 59.55% of the stock is currently owned by institutional investors and hedge funds.

TELUS International (Cda) Trading Up 2.2 %

TELUS International (Cda) stock traded up $0.07 during mid-day trading on Monday, hitting $3.29. 460,074 shares of the stock were exchanged, compared to its average volume of 541,368. The stock has a market capitalization of $904.75 million, a price-to-earnings ratio of -65.80, a PEG ratio of 1.22 and a beta of 0.67. TELUS International has a 12 month low of $2.83 and a 12 month high of $11.51. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.72. The firm’s fifty day simple moving average is $3.79 and its two-hundred day simple moving average is $4.15.

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

Analyst Upgrades and Downgrades

Separately, Desjardins raised shares of TELUS International (Cda) to a “hold” rating in a research report on Thursday, September 26th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, TELUS International (Cda) has a consensus rating of “Hold” and an average price target of $7.37.

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.