$155,000 Investment is Made to TTEC Holdings, Inc. by Quantbot Technologies LP

Quantbot Technologies LP reported its investment in TTEC Holdings, INC (NASDAQ: TTEC) to the Securities and Exchange Commission during its third quarter filing.

Approximately $155,000 was spent by the investment fund in order to acquire 3,500 shares of a business services provider's stock.

The company has been able to take advantage of recent developments in part thanks to hedge funds and other institutional investors. C.M.

During the second quarter of the business year, Bidwell & Associates Ltd invested $72,000 in TTEC shares.

It invested 102.1% more in TTEC during the second quarter than it had in the first quarter.

During the latest period, Lazard Asset Management LLC acquired 645 additional shares of the business services provider's stock, bringing its total to 1,277 shares.

The current value of these shares is $86,000.

A 147.7% rise in Covestor Limited's ownership of TTEC shares during the first three months of 2018 was attributed to a 147.7% increase in TTEC shares owned. A recent stock purchase by Covestor Ltd has increased its stock holdings in the business services provider to 1,377 shares, valued at $114,000, according to its most recent filing.

In the second quarter of the current fiscal year, First Horizon Advisors INC increased its holdings in TTEC by a staggering 1,820.5%, thanks to this acquisition of Covestor Ltd (up from 1,050). A total of 1,402 shares of First Horizon Advisors INC are now owned by the company, valued at $94,000. The company purchased an additional 1,329 shares during the third quarter, bringing its total shareholdings to 1,402 shares, valued at $94,000.

These shares were acquired by the company.

The percentage of TTEC stock held by Captrust Financial Advisors increased by 89.0 percent over the first three months of this year.

Captrust Financial Advisors now has 1,412 shares of stock held by the business services provider after purchasing another 665 shares in the most recent quarter.

A total of $117,000.000 is invested in these shares. At present, hedge funds and other institutional investors own 36.93% of the company's shares.

Research analysts who have closely followed the stock have published recent reports on it.

According to Trade Algo, Bank of America revised its target price for TTEC stock from $68.00 to $48,000.

Also, they changed the recommendation for TTEC from "buy" to "neutral." In addition, they changed the rating from "buy" to "neutral." StockNews.com had recommended "buy" for TTEC shares on January 30, but now recommends "hold." According to Trade Algo, Cowen lowered its price target for TTEC shares by $5 to $40.00 in a report.

The price objective for TTEC shares - previously set at $73.00 - has been lowered to $59.00 in a report published on November 11 by Barrington Research.

TTEC shares were downgraded from $50.00 to $40.00 in Morgan Stanley's research report released on November 11.

Originally published on November 11, the report was updated on November 18. One analyst recommended selling the stock, two recommended holding it, and one recommended buying it.

It is currently rated as a "Hold" stock on TradeAlgo.com, with an average target price of $58.50.

Tuesday, shares of NASDAQ TTEC traded for $51.14 apiece for the first time.

There has been a recent 50-day simple moving average of $47.21, and the stock has had a 200-day simple moving average of $50.07.

The company peaked at $88.48 during the same 52-week trading period, while it peaked at $39.50 during its 52-week trading period.

A 22.04 price-to-earnings ratio is recorded, a 1.33 price-to-earnings growth ratio is recorded, and a 1.0 beta is recorded.

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It is estimated that the market is worth $2.41 billion in total. The debt-to-equity ratio of 1.82, the quick ratio is 1.60, and the current ratio is 1.60, the company has a debt-to-equity ratio of 1.82.

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A ratio of 1.60 is equal to each of these numbers.

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TTEC (NASDAQ: TTEC) published the company's latest earnings information on November 9.

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In the quarter that ended March 31, the financial services company reported $0.65 earnings per share, a $0.10 increase over the consensus estimate of $0.55.

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A total of $0.65 million was also generated by the company during the quarter.

TTEC had a net margin of 4.56% and a return on equity of 27.79%.

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Analysts estimate that $580.16 million to $592.45 million will be the company's revenue during the quarter.

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Projection from industry professionals predicts TTEC Holdings, INC's earnings to reach $3.25 per share this year.

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TEC Holdings, INC is a digital technology company that provides services and technologies all over the world to improve customer experience.

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With its ability to devise, execute, and disseminate cutting-edge business solutions, it is widely recognized as a leader in the field.

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TTEC Digital and TTEC Engage are the names of the two business divisions of the company.

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TTEC Digital is a company that develops, constructs, and manages technology-driven, customer experience-driven solutions.