ClariVest Asset Management LLC lowered its stake in Sykes Enterprises, Incorporated (NASDAQ:SYKE) by 64.8% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 104,121 shares of the information technology services provider’s stock after selling 191,765 shares during the period. ClariVest Asset Management LLC owned about 0.25% of Sykes Enterprises, worth $3,491,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. First National Bank of Omaha acquired a new stake in shares of Sykes Enterprises, during the first quarter valued at about $807,000. Bank of America Corp DE boosted its stake in shares of Sykes Enterprises, by 26.7% in the first quarter. Bank of America Corp DE now owns 382,430 shares of the information technology services provider’s stock valued at $11,243,000 after buying an additional 80,498 shares during the period. State of Alaska Department of Revenue boosted its stake 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 valued at $128,000 after buying an additional 70 shares during the period. BlackRock Inc. boosted its stake in shares of Sykes Enterprises, by 48,788.9% in the first quarter. BlackRock Inc. now owns 4,860,043 shares of the information technology services provider’s stock valued at $142,885,000 after buying an additional 4,850,102 shares during the period. Finally, Stevens Capital Management LP boosted its stake in shares of Sykes Enterprises, by 4.1% in the first quarter. Stevens Capital Management LP now owns 17,886 shares of the information technology services provider’s stock valued at $526,000 after buying an additional 700 shares during the period. 86.45% of the stock is currently owned by institutional investors.

Shares of Sykes Enterprises, Incorporated (SYKE) opened at 26.92 on Wednesday. The firm has a market cap of $1.13 billion, a PE ratio of 16.93 and a beta of 0.75. The firm’s 50-day moving average is $32.51 and its 200 day moving average is $30.75. Sykes Enterprises, Incorporated has a 52 week low of $25.77 and a 52 week high of $34.49.

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

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Several equities research analysts have issued reports on SYKE shares. Zacks Investment Research raised shares of Sykes Enterprises, from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a research note on Wednesday, May 3rd. Robert W. Baird lowered their target price on shares of Sykes Enterprises, from $36.00 to $30.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 8th.

In related news, VP James T. Holder sold 2,500 shares of Sykes Enterprises, stock in a transaction dated Monday, May 22nd. The stock was 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 in the company, valued at approximately $630,927. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jenna Nelson sold 3,672 shares of Sykes Enterprises, stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $33.99, for a total value of $124,811.28. Following the sale, the insider now owns 14,520 shares of the company’s stock, valued at approximately $493,534.80. The disclosure for this sale can be found here. Company insiders own 2.70% of the company’s stock.

Sykes Enterprises, Company Profile

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.

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

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