Boston Partners increased its stake in shares of TeleTech Holdings, Inc. (NASDAQ:TTEC) by 1.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,288,735 shares of the business services provider’s stock after purchasing an additional 18,028 shares during the period. Boston Partners owned 2.81% of TeleTech Holdings worth $53,805,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Municipal Employees Retirement System of Michigan raised its position in shares of TeleTech Holdings by 4.5% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 3,730 shares of the business services provider’s stock worth $152,000 after purchasing an additional 160 shares during the last quarter. Thrivent Financial For Lutherans raised its position in shares of TeleTech Holdings by 4.4% during the 1st quarter. Thrivent Financial For Lutherans now owns 8,970 shares of the business services provider’s stock worth $266,000 after purchasing an additional 380 shares during the last quarter. Bessemer Group Inc. raised its position in shares of TeleTech Holdings by 1.4% during the 2nd quarter. Bessemer Group Inc. now owns 30,711 shares of the business services provider’s stock worth $1,253,000 after purchasing an additional 411 shares during the last quarter. TD Asset Management Inc. raised its position in shares of TeleTech Holdings by 2.2% during the 2nd quarter. TD Asset Management Inc. now owns 23,600 shares of the business services provider’s stock worth $963,000 after purchasing an additional 500 shares during the last quarter. Finally, Voya Investment Management LLC raised its position in shares of TeleTech Holdings by 8.1% during the 2nd quarter. Voya Investment Management LLC now owns 10,136 shares of the business services provider’s stock worth $414,000 after purchasing an additional 759 shares during the last quarter. Hedge funds and other institutional investors own 25.80% of the company’s stock.

Several research firms recently weighed in on TTEC. SunTrust Banks, Inc. restated a “hold” rating and set a $43.00 price target on shares of TeleTech Holdings in a research report on Monday, October 9th. BidaskClub downgraded shares of TeleTech Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, Zacks Investment Research downgraded shares of TeleTech Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, August 19th.

COPYRIGHT VIOLATION NOTICE: “TeleTech Holdings, Inc. (TTEC) Shares Bought by Boston Partners” was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this report can be read at https://www.watchlistnews.com/teletech-holdings-inc-ttec-shares-bought-by-boston-partners/1698099.html.

Shares of TeleTech Holdings, Inc. (TTEC) opened at $39.55 on Friday. TeleTech Holdings, Inc. has a one year low of $24.59 and a one year high of $43.75. The stock has a market cap of $1,813.33, a PE ratio of 24.72, a P/E/G ratio of 2.25 and a beta of 0.91. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.26 and a current ratio of 2.13.

TeleTech Holdings (NASDAQ:TTEC) last announced its quarterly earnings data on Wednesday, November 8th. The business services provider reported $0.38 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.38. TeleTech Holdings had a net margin of 3.45% and a return on equity of 19.24%. The company had revenue of $359.04 million during the quarter, compared to analysts’ expectations of $348.94 million. During the same quarter in the prior year, the company earned $0.39 EPS. TeleTech Holdings’s revenue was up 14.8% compared to the same quarter last year. equities analysts expect that TeleTech Holdings, Inc. will post 1.76 earnings per share for the current year.

The firm also recently disclosed a Semi-Annual dividend, which was paid on Tuesday, October 17th. Investors of record on Thursday, October 5th were paid a dividend of $0.25 per share. This represents a yield of 1.22%. The ex-dividend date of this dividend was Wednesday, October 4th. This is a boost from TeleTech Holdings’s previous Semi-Annual dividend of $0.22. TeleTech Holdings’s dividend payout ratio is currently 47.62%.

TeleTech Holdings Profile

TeleTech Holdings, Inc (TeleTech) 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).

Institutional Ownership by Quarter for TeleTech Holdings (NASDAQ:TTEC)

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