TTEC Holdings Inc (NASDAQ:TTEC) EVP Robert N. Jimenez sold 4,000 shares of the business’s stock in a transaction on Friday, March 16th. The stock was sold at an average price of $32.81, for a total transaction of $131,240.00. Following the transaction, the executive vice president now directly owns 15,953 shares of the company’s stock, valued at approximately $523,417.93. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

TTEC stock opened at $32.50 on Thursday. The company has a market cap of $1,488.69, a PE ratio of 17.54, a PEG ratio of 1.65 and a beta of 0.90. The company has a current ratio of 2.69, a quick ratio of 2.69 and a debt-to-equity ratio of 0.95. TTEC Holdings Inc has a 52-week low of $28.20 and a 52-week high of $43.75.

TTEC (NASDAQ:TTEC) last announced its quarterly earnings data on Monday, March 12th. The business services provider reported $0.67 EPS for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.07. The business had revenue of $426.60 million during the quarter, compared to analyst estimates of $383.75 million. TTEC had a net margin of 0.49% and a return on equity of 22.28%. The firm’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.42 earnings per share. sell-side analysts forecast that TTEC Holdings Inc will post 1.97 EPS for the current fiscal year.

The business also recently disclosed a semiannual dividend, which will be paid on Thursday, April 12th. Stockholders of record on Friday, March 30th will be given a dividend of $0.27 per share. The ex-dividend date is Wednesday, March 28th. This represents a dividend yield of 1.48%. This is a positive change from TTEC’s previous semiannual dividend of $0.22. TTEC’s dividend payout ratio is currently 294.13%.

A number of research analysts have weighed in on the stock. Zacks Investment Research lowered shares of TTEC from a “hold” rating to a “sell” rating in a research report on Thursday, March 15th. TheStreet lowered shares of TTEC from a “b-” rating to a “c” rating in a research report on Monday, March 12th. BidaskClub lowered shares of TTEC from a “sell” rating to a “strong sell” rating in a research report on Saturday, January 6th. Finally, ValuEngine lowered shares of TTEC from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Two investment analysts have rated the stock with a sell rating and two have given a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $44.00.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. raised its position in shares of TTEC by 2.9% during the fourth quarter. BlackRock Inc. now owns 1,878,590 shares of the business services provider’s stock valued at $75,612,000 after buying an additional 52,906 shares during the last quarter. Boston Partners raised its position in shares of TTEC by 9.4% during the fourth quarter. Boston Partners now owns 1,409,532 shares of the business services provider’s stock valued at $56,733,000 after buying an additional 120,797 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of TTEC by 10.0% during the third quarter. Ameriprise Financial Inc. now owns 336,946 shares of the business services provider’s stock valued at $14,067,000 after buying an additional 30,680 shares during the last quarter. Geode Capital Management LLC raised its position in shares of TTEC by 101.3% during the fourth quarter. Geode Capital Management LLC now owns 323,762 shares of the business services provider’s stock valued at $13,030,000 after buying an additional 162,913 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of TTEC by 15.7% during the fourth quarter. Renaissance Technologies LLC now owns 241,400 shares of the business services provider’s stock valued at $9,716,000 after buying an additional 32,800 shares during the last quarter. 25.65% of the stock is owned by institutional investors and hedge funds.

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About TTEC

TTEC Holdings, Inc, formerly TeleTech Holdings, Inc, is a customer service provider that delivers consulting, technology, growth and customer care solutions on a global scale. The Company operates through four segments: Customer Management Services (CMS), Customer Growth Services (CGS), Customer Technology Services (CTS) and Customer Strategy Services (CSS).

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