Barclays PLC Has $120,000 Stake in TELUS International (Cda) Inc. (NYSE:TIXT)

Barclays PLC raised its stake in shares of TELUS International (Cda) Inc. (NYSE:TIXT) by 118.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 30,629 shares of the company’s stock after purchasing an additional 16,629 shares during the period. Barclays PLC’s holdings in TELUS International (Cda) were worth $120,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio acquired a new position in TELUS International (Cda) during the 3rd quarter valued at about $115,000. Orion Portfolio Solutions LLC acquired a new position in TELUS International (Cda) during the 3rd quarter valued at about $96,000. XTX Topco Ltd boosted its stake in TELUS International (Cda) by 148.9% during the 3rd quarter. XTX Topco Ltd now owns 82,199 shares of the company’s stock valued at $321,000 after purchasing an additional 49,178 shares during the last quarter. National Bank of Canada FI boosted its stake in TELUS International (Cda) by 26.8% during the 3rd quarter. National Bank of Canada FI now owns 95,673 shares of the company’s stock valued at $374,000 after purchasing an additional 20,230 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in TELUS International (Cda) during the 3rd quarter valued at about $3,257,000. Institutional investors and hedge funds own 59.55% of the company’s stock.

TELUS International (Cda) Trading Down 15.8 %

NYSE:TIXT opened at $3.20 on Thursday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $880 million, a PE ratio of -64.00, a price-to-earnings-growth ratio of 1.22 and a beta of 0.67. The firm’s 50 day moving average is $3.81 and its 200 day moving average is $4.19. TELUS International has a 12 month low of $2.83 and a 12 month high of $11.51.

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

Wall Street Analyst Weigh In

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

About TELUS International (Cda)

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.