TTEC Holdings Inc (NASDAQ:TTEC) CFO Regina Paolillo sold 8,588 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $50.01, for a total value of $429,485.88. Following the completion of the transaction, the chief financial officer now directly owns 184,909 shares of the company’s stock, valued at approximately $9,247,299.09. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Regina Paolillo also recently made the following trade(s):
- On Tuesday, September 24th, Regina Paolillo sold 706 shares of TTEC stock. The shares were sold at an average price of $50.00, for a total value of $35,300.00.
- On Thursday, September 19th, Regina Paolillo sold 7,209 shares of TTEC stock. The shares were sold at an average price of $50.00, for a total value of $360,450.00.
Shares of TTEC stock traded down $0.26 during trading hours on Friday, hitting $45.82. The company had a trading volume of 66,500 shares, compared to its average volume of 77,827. TTEC Holdings Inc has a 12 month low of $24.53 and a 12 month high of $50.45. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 30.75 and a beta of 0.68. The firm’s fifty day moving average is $47.48 and its 200 day moving average is $44.28. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.59 and a current ratio of 1.59.
TTEC (NASDAQ:TTEC) last released its quarterly earnings results on Tuesday, November 5th. The business services provider reported $0.40 EPS for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.08. The business had revenue of $395.51 million for the quarter. TTEC had a return on equity of 23.67% and a net margin of 4.32%.
The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, October 17th. Investors of record on Monday, September 30th were given a dividend of $0.32 per share. The ex-dividend date was Friday, September 27th. This is a positive change from TTEC’s previous Semi-Annual dividend of $0.25. This represents a yield of 1.2%. TTEC’s dividend payout ratio is 42.95%.
TTEC has been the topic of several analyst reports. ValuEngine lowered TTEC from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Sidoti initiated coverage on TTEC in a research note on Thursday, September 19th. They issued a “buy” rating on the stock. BidaskClub upgraded TTEC from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Finally, Zacks Investment Research lowered TTEC from a “buy” rating to a “hold” rating in a research note on Saturday, July 27th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. TTEC has an average rating of “Hold” and an average price target of $56.50.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Harel Insurance Investments & Financial Services Ltd. bought a new stake in TTEC during the 3rd quarter worth approximately $60,000. Royal Bank of Canada lifted its holdings in TTEC by 63.2% during the 2nd quarter. Royal Bank of Canada now owns 1,532 shares of the business services provider’s stock worth $71,000 after buying an additional 593 shares in the last quarter. Bank of Montreal Can lifted its holdings in TTEC by 99.4% during the 2nd quarter. Bank of Montreal Can now owns 3,276 shares of the business services provider’s stock worth $154,000 after buying an additional 1,633 shares in the last quarter. WINTON GROUP Ltd acquired a new position in shares of TTEC in the 2nd quarter valued at $204,000. Finally, Mason Street Advisors LLC lifted its stake in shares of TTEC by 5.5% in the 3rd quarter. Mason Street Advisors LLC now owns 4,893 shares of the business services provider’s stock valued at $234,000 after purchasing an additional 257 shares during the period. Institutional investors and hedge funds own 26.21% of the company’s stock.
TTEC Company Profile
TTEC Holdings, Inc designs and provides customer experience solutions in the United States, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Canada, the United Kingdom, and internationally. It operates in four segments: Customer Management Services (CMS), Customer Growth Services (CGS), Customer Technology Services (CTS), and Customer Strategy Services (CSS).
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