Pacific Sun Financial Corp Invests $72,000 in TTEC Holdings, Inc. (NASDAQ:TTEC)

Pacific Sun Financial Corp bought a new stake in TTEC Holdings, Inc. (NASDAQ:TTEC) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 14,500 shares of the business services provider’s stock, valued at approximately $72,000.

Other hedge funds have also recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new stake in shares of TTEC during the 3rd quarter worth about $59,000. GAMMA Investing LLC increased its position in shares of TTEC by 1,054.6% in the fourth quarter. GAMMA Investing LLC now owns 12,828 shares of the business services provider’s stock valued at $64,000 after buying an additional 11,717 shares in the last quarter. Quantinno Capital Management LP acquired a new position in shares of TTEC during the 3rd quarter worth approximately $121,000. Nisa Investment Advisors LLC purchased a new position in shares of TTEC during the 4th quarter valued at approximately $176,000. Finally, Barclays PLC grew its stake in TTEC by 119.7% in the 3rd quarter. Barclays PLC now owns 33,654 shares of the business services provider’s stock valued at $197,000 after acquiring an additional 18,339 shares during the period. 38.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of TTEC from a “sell” rating to a “hold” rating in a report on Friday, February 14th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, TTEC has a consensus rating of “Hold” and a consensus target price of $11.90.

TTEC Trading Up 3.6 %

Shares of TTEC opened at $3.79 on Thursday. TTEC Holdings, Inc. has a 52-week low of $3.37 and a 52-week high of $18.76. The stock has a market cap of $180.89 million, a PE ratio of -0.54, a price-to-earnings-growth ratio of 1.46 and a beta of 1.04. The firm’s fifty day moving average is $4.16 and its two-hundred day moving average is $4.69. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 3.47.

About TTEC

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.