Swiss National Bank held its position in shares of Sykes Enterprises, Incorporated (NASDAQ:SYKE) during the second quarter, according to the company in its most recent filing with the SEC. The firm owned 63,723 shares of the information technology services provider’s stock at the close of the second quarter. Swiss National Bank owned about 0.15% of Sykes Enterprises, worth $2,137,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of SYKE. BlackRock Inc. lifted its holdings in shares of Sykes Enterprises, by 48,788.9% during the 1st quarter. BlackRock Inc. now owns 4,860,043 shares of the information technology services provider’s stock valued at $142,885,000 after acquiring an additional 4,850,102 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Sykes Enterprises, by 5.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,604,490 shares of the information technology services provider’s stock valued at $105,971,000 after acquiring an additional 188,586 shares in the last quarter. Tributary Capital Management LLC lifted its holdings in shares of Sykes Enterprises, by 36.2% during the 2nd quarter. Tributary Capital Management LLC now owns 425,370 shares of the information technology services provider’s stock valued at $14,263,000 after acquiring an additional 113,051 shares in the last quarter. Sensato Investors LLC lifted its holdings in shares of Sykes Enterprises, by 269.1% during the 1st quarter. Sensato Investors LLC now owns 115,082 shares of the information technology services provider’s stock valued at $3,383,000 after acquiring an additional 83,900 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Sykes Enterprises, by 8.6% during the 1st quarter. State Street Corp now owns 1,044,228 shares of the information technology services provider’s stock valued at $30,705,000 after acquiring an additional 82,831 shares in the last quarter. Institutional investors and hedge funds own 86.35% of the company’s stock.

Several equities analysts recently weighed in on the stock. Robert W. Baird restated a “hold” rating and set a $29.00 target price on shares of Sykes Enterprises, in a report on Sunday, September 17th. Zacks Investment Research lowered shares of Sykes Enterprises, from a “hold” rating to a “strong sell” rating in a report on Saturday, August 12th.

Sykes Enterprises, Incorporated (NASDAQ:SYKE) opened at 29.30 on Thursday. The company’s 50 day moving average is $27.20 and its 200 day moving average is $30.50. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 18.43 and a beta of 0.84. Sykes Enterprises, Incorporated has a 12-month low of $25.77 and a 12-month high of $34.49.

Sykes Enterprises, (NASDAQ:SYKE) last announced its quarterly earnings results on Monday, August 7th. The information technology services provider reported $0.37 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 for the quarter, compared to analyst estimates of $376.83 million. During the same quarter in the prior year, the business posted $0.36 EPS. Sykes Enterprises,’s quarterly revenue was up 3.0% on a year-over-year basis. On average, equities analysts anticipate that Sykes Enterprises, Incorporated will post $1.80 earnings per share for the current year.

In other news, CEO Charles E. Sykes sold 20,000 shares of the stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $26.27, for a total transaction of $525,400.00. Following the transaction, the chief executive officer now owns 337,999 shares in the company, valued at approximately $8,879,233.73. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.70% of the company’s stock.

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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.

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

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