26,424 Shares in TELUS International (Cda) Inc. (NYSE:TIXT) Acquired by Centiva Capital LP

Centiva Capital LP acquired a new position in shares of TELUS International (Cda) Inc. (NYSE:TIXT) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 26,424 shares of the company’s stock, valued at approximately $103,000.

Several other large investors have also bought and sold shares of the business. Mackenzie Financial Corp lifted its stake in TELUS International (Cda) by 5.9% in the second quarter. Mackenzie Financial Corp now owns 8,440,050 shares of the company’s stock valued at $48,744,000 after buying an additional 472,103 shares during the period. QV Investors Inc. boosted its holdings in shares of TELUS International (Cda) by 398.0% in the third quarter. QV Investors Inc. now owns 6,011,720 shares of the company’s stock valued at $23,496,000 after buying an additional 4,804,521 shares during the period. Scheer Rowlett & Associates Investment Management Ltd. increased its holdings in TELUS International (Cda) by 5.8% during the 3rd quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 3,151,263 shares of the company’s stock worth $12,301,000 after purchasing an additional 173,477 shares in the last quarter. Northwest & Ethical Investments L.P. grew its holdings in shares of TELUS International (Cda) by 256.5% during the third quarter. Northwest & Ethical Investments L.P. now owns 1,821,074 shares of the company’s stock worth $7,110,000 after buying an additional 1,310,287 shares in the last quarter. Finally, Horrell Capital Management Inc. acquired a new stake in shares of TELUS International (Cda) in the third quarter valued at approximately $2,248,000. 59.55% of the stock is currently owned by institutional investors and hedge funds.

TELUS International (Cda) Trading Down 4.8 %

Shares of TIXT stock opened at $3.75 on Friday. The firm has a 50 day moving average price of $3.81 and a two-hundred day moving average price of $4.46. The company has a market capitalization of $1.03 billion, a PE ratio of -75.00, a price-to-earnings-growth ratio of 1.30 and a beta of 0.70. 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.

TELUS International (Cda) (NYSE:TIXT) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.05 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $658.00 million during the quarter, compared to the consensus estimate of $650.10 million. During the same quarter in the previous year, the firm posted $0.19 EPS. As a group, analysts predict that TELUS International will post 0.43 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Desjardins raised 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 assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock presently 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.