Aperio Group LLC increased its position in shares of Sykes Enterprises, Incorporated (NASDAQ:SYKE) by 37.6% during the second quarter, Holdings Channel reports. The fund owned 35,141 shares of the information technology services provider’s stock after buying an additional 9,608 shares during the period. Aperio Group LLC’s holdings in Sykes Enterprises, were worth $1,178,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SYKE. State of Alaska Department of Revenue raised its position in shares of Sykes Enterprises, by 1.6% in the first quarter. State of Alaska Department of Revenue now owns 4,360 shares of the information technology services provider’s stock worth $128,000 after buying an additional 70 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of Sykes Enterprises, by 4.9% in the first quarter. Public Employees Retirement System of Ohio now owns 3,759 shares of the information technology services provider’s stock valued at $111,000 after buying an additional 177 shares in the last quarter. Louisiana State Employees Retirement System increased its stake in shares of Sykes Enterprises, by 1.3% in the first quarter. Louisiana State Employees Retirement System now owns 16,100 shares of the information technology services provider’s stock valued at $473,000 after buying an additional 200 shares in the last quarter. Arizona State Retirement System increased its stake in shares of Sykes Enterprises, by 1.0% in the first quarter. Arizona State Retirement System now owns 20,523 shares of the information technology services provider’s stock valued at $603,000 after buying an additional 200 shares in the last quarter. Finally, Isthmus Partners LLC increased its stake in shares of Sykes Enterprises, by 1.5% in the first quarter. Isthmus Partners LLC now owns 26,449 shares of the information technology services provider’s stock valued at $778,000 after buying an additional 401 shares in the last quarter. 86.45% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Sykes Enterprises, Incorporated (NASDAQ:SYKE) traded down 0.3675% during midday trading on Tuesday, hitting $27.1399. 30,636 shares of the company’s stock were exchanged. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 17.0691 and a beta of 0.75. The company has a 50-day moving average of $32.71 and a 200-day moving average of $30.76. Sykes Enterprises, Incorporated has a 52 week low of $25.77 and a 52 week high of $34.49.

Sykes Enterprises, (NASDAQ:SYKE) last issued its quarterly earnings data on Monday, August 7th. The information technology services provider reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.05. Sykes Enterprises, had a net margin of 4.36% and a return on equity of 11.21%. The company had revenue of $375.40 million during the quarter, compared to the consensus estimate of $376.83 million. During the same quarter in the prior year, the firm earned $0.36 earnings per share. The firm’s revenue was up 3.0% compared to the same quarter last year. Equities research analysts expect that Sykes Enterprises, Incorporated will post $1.80 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Aperio Group LLC Buys 9,608 Shares of Sykes Enterprises, Incorporated (SYKE)” was originally published by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this news story can be read at https://www.watchlistnews.com/aperio-group-llc-buys-9608-shares-of-sykes-enterprises-incorporated-syke/1492030.html.

Several equities analysts have recently commented on the stock. Robert W. Baird reduced their price target on shares of Sykes Enterprises, from $36.00 to $30.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 8th. Zacks Investment Research cut Sykes Enterprises, from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 18th.

In other Sykes Enterprises, news, insider Jenna Nelson sold 3,672 shares of the stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $33.99, for a total value of $124,811.28. Following the completion of the sale, the insider now owns 14,520 shares in the company, valued at $493,534.80. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP James T. Holder sold 2,500 shares of the stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $33.00, for a total transaction of $82,500.00. Following the completion of the sale, the vice president now owns 19,119 shares of the company’s stock, valued at approximately $630,927. The disclosure for this sale can be found here. Corporate insiders own 2.70% of the company’s stock.

About Sykes Enterprises,

Sykes Enterprises, Incorporated is engaged in providing outsourced customer contact management solutions and services in the business process outsourcing (BPO) arena on a global basis. The Company has operations in two segments: the Americas, which includes the United States, Canada, Latin America, Australia and the Asia Pacific Rim, and EMEA, which includes Europe, the Middle East and Africa.

Want to see what other hedge funds are holding SYKE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sykes Enterprises, Incorporated (NASDAQ:SYKE).

Institutional Ownership by Quarter for Sykes Enterprises, (NASDAQ:SYKE)

Receive News & Ratings for Sykes Enterprises Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sykes Enterprises Incorporated and related companies with Analyst Ratings Network's FREE daily email newsletter.