Blue Trust Inc. increased its holdings in shares of TELUS International (Cda) Inc. (NYSE:TIXT – Free Report) by 15.1% in the third quarter, Holdings Channel reports. The firm owned 22,428 shares of the company’s stock after acquiring an additional 2,948 shares during the period. Blue Trust Inc.’s holdings in TELUS International (Cda) were worth $88,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in TELUS International (Cda) by 32.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,322 shares of the company’s stock worth $117,000 after buying an additional 4,973 shares during the period. XTX Topco Ltd purchased a new stake in TELUS International (Cda) during the 2nd quarter worth $191,000. National Bank of Canada FI boosted its position in TELUS International (Cda) by 971.6% during the 2nd quarter. National Bank of Canada FI now owns 75,443 shares of the company’s stock worth $441,000 after purchasing an additional 68,403 shares during the period. DORCHESTER WEALTH MANAGEMENT Co increased its holdings in TELUS International (Cda) by 12.1% in the 1st quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 60,700 shares of the company’s stock valued at $514,000 after purchasing an additional 6,560 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in TELUS International (Cda) by 12.4% in the first quarter. Russell Investments Group Ltd. now owns 95,390 shares of the company’s stock valued at $809,000 after purchasing an additional 10,501 shares during the period. Hedge funds and other institutional investors own 59.55% of the company’s stock.
TELUS International (Cda) Stock Down 2.1 %
Shares of TELUS International (Cda) stock opened at $3.68 on Wednesday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.75. The business has a 50-day moving average price of $3.69 and a 200 day moving average price of $5.22. TELUS International has a fifty-two week low of $2.83 and a fifty-two week high of $11.51. The firm has a market cap of $393.13 million, a P/E ratio of 36.80, a P/E/G ratio of 1.19 and a beta of 0.69.
Analyst Ratings Changes
TIXT has been the subject of a number of recent research reports. Desjardins upgraded TELUS International (Cda) to a “hold” rating in a research note on Thursday, September 26th. CIBC lowered shares of TELUS International (Cda) from a “sector outperform” rating to a “neutral” rating in a research note on Tuesday, August 6th. BMO Capital Markets decreased their target price on shares of TELUS International (Cda) from $7.50 to $4.75 and set a “market perform” rating for the company in a research note on Monday, August 5th. Cibc World Mkts downgraded shares of TELUS International (Cda) from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Finally, Royal Bank of Canada cut shares of TELUS International (Cda) from an “outperform” rating to a “sector perform” rating and decreased their price objective for the company from $10.00 to $5.00 in a research report on Monday, August 5th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, TELUS International (Cda) has a consensus rating of “Hold” and a consensus price target of $7.37.
Read Our Latest Research Report on TELUS International (Cda)
About TELUS International (Cda)
TELUS International (Cda) Inc design, builds, and delivers digital solutions for customer experience (CX) in the Asia-Pacific, the Central America, Europe, Africa, North America, and internationally. The company provides digital experience solutions, such as AI and bots, omnichannel CX, enterprise mobility solutions, cloud contact center, big data analytics, platform transformation, and UX/UI design; and customer experience solutions, including work anywhere/work from home, contact center outsourcing, technical support, sales growth and customer retention, healthcare/patient experience, and debt collection.
Further Reading
- Five stocks we like better than TELUS International (Cda)
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Is McDonald’s Stock a Smart Buy After Sell-Off and Earnings?
- How to Calculate Retirement Income: MarketBeat’s Calculator
- QuantumScape: Solid State EV Batteries Nearing Commercialization
- Which Wall Street Analysts are the Most Accurate?
- MicroStrategy: Is This Bitcoin-Powered Stock a Buy or a Gamble?
Want to see what other hedge funds are holding TIXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TELUS International (Cda) Inc. (NYSE:TIXT – Free Report).
Receive News & Ratings for TELUS International (Cda) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS International (Cda) and related companies with MarketBeat.com's FREE daily email newsletter.