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

Pacific Sun Financial Corp acquired a new stake in TTEC Holdings, Inc. (NASDAQ:TTEC) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 14,500 shares of the business services provider’s stock, valued at approximately $72,000.

Other large investors also recently bought and sold shares of the company. Royce & Associates LP lifted its holdings in shares of TTEC by 77.6% in the 3rd quarter. Royce & Associates LP now owns 788,622 shares of the business services provider’s stock worth $4,629,000 after acquiring an additional 344,496 shares during the last quarter. Walleye Capital LLC raised its holdings in shares of TTEC by 44.3% in the 3rd quarter. Walleye Capital LLC now owns 441,151 shares of the business services provider’s stock valued at $2,590,000 after buying an additional 135,355 shares during the period. GAMMA Investing LLC lifted its stake in TTEC by 1,054.6% during the 4th quarter. GAMMA Investing LLC now owns 12,828 shares of the business services provider’s stock worth $64,000 after acquiring an additional 11,717 shares in the last quarter. Barclays PLC increased its stake in TTEC by 119.7% during the third quarter. Barclays PLC now owns 33,654 shares of the business services provider’s stock worth $197,000 after purchasing an additional 18,339 shares during the period. Finally, XTX Topco Ltd acquired a new stake in shares of TTEC during the third quarter worth about $59,000. Institutional investors and hedge funds own 38.03% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of TTEC from a “sell” rating to a “hold” rating in a research note on Friday, February 14th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $11.90.

TTEC Stock Up 3.6 %

TTEC stock opened at $3.79 on Thursday. TTEC Holdings, Inc. has a fifty-two week low of $3.37 and a fifty-two week high of $18.76. The company’s 50 day moving average price is $4.16 and its 200 day moving average price is $4.69. The company has a debt-to-equity ratio of 3.47, a quick ratio of 1.93 and a current ratio of 1.93. The firm has a market capitalization of $180.89 million, a price-to-earnings ratio of -0.54, a PEG ratio of 1.46 and a beta of 1.04.

TTEC Company 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.