TeleTech Holdings, Inc. (NASDAQ:TTEC) SVP Steven C. Pollema sold 9,000 shares of the stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $40.00, for a total transaction of $360,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of TeleTech Holdings, Inc. (TTEC) traded up $1.05 during midday trading on Monday, hitting $40.95. 106,938 shares of the company’s stock were exchanged, compared to its average volume of 94,511. TeleTech Holdings, Inc. has a fifty-two week low of $27.10 and a fifty-two week high of $43.75. The company has a market capitalization of $1,829.38, a P/E ratio of 24.94, a price-to-earnings-growth ratio of 2.28 and a beta of 0.91. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.64.

TeleTech Holdings (NASDAQ:TTEC) last announced its earnings results on Wednesday, November 8th. The business services provider reported $0.38 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.38. TeleTech Holdings had a net margin of 3.45% and a return on equity of 19.24%. The business had revenue of $359.04 million during the quarter, compared to the consensus estimate of $348.94 million. During the same quarter last year, the firm earned $0.39 earnings per share. The business’s revenue for the quarter was up 14.8% on a year-over-year basis. research analysts forecast that TeleTech Holdings, Inc. will post 1.75 earnings per share for the current year.

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Hedge funds and other institutional investors have recently made changes to their positions in the business. State of Alaska Department of Revenue increased its stake in shares of TeleTech Holdings by 78.2% during the second quarter. State of Alaska Department of Revenue now owns 3,100 shares of the business services provider’s stock valued at $126,000 after purchasing an additional 1,360 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its stake in shares of TeleTech Holdings by 4.5% during the second quarter. Municipal Employees Retirement System of Michigan now owns 3,730 shares of the business services provider’s stock valued at $152,000 after purchasing an additional 160 shares in the last quarter. Stevens Capital Management LP bought a new position in shares of TeleTech Holdings during the second quarter valued at approximately $201,000. LMR Partners LLP bought a new position in shares of TeleTech Holdings during the second quarter valued at approximately $206,000. Finally, BNP Paribas Arbitrage SA increased its stake in shares of TeleTech Holdings by 88.4% during the second quarter. BNP Paribas Arbitrage SA now owns 5,880 shares of the business services provider’s stock valued at $240,000 after purchasing an additional 2,759 shares in the last quarter. 26.03% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of TeleTech Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. SunTrust Banks, Inc. reissued a “hold” rating and issued a $43.00 price target on shares of TeleTech Holdings in a research note on Monday, October 9th. Finally, BidaskClub downgraded shares of TeleTech Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, August 23rd.

TeleTech Holdings Company 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).

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