TELUS International (Cda) Inc. (NYSE:TIXT) Shares Purchased by DGS Capital Management LLC

DGS Capital Management LLC increased its position in shares of TELUS International (Cda) Inc. (NYSE:TIXT) by 16.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,742 shares of the company’s stock after buying an additional 5,164 shares during the period. DGS Capital Management LLC’s holdings in TELUS International (Cda) were worth $144,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new stake in shares of TELUS International (Cda) during the 3rd quarter worth about $54,000. Walleye Capital LLC acquired a new position in TELUS International (Cda) in the 3rd quarter worth about $60,000. Blue Trust Inc. boosted its position in TELUS International (Cda) by 15.1% during the third quarter. Blue Trust Inc. now owns 22,428 shares of the company’s stock worth $88,000 after purchasing an additional 2,948 shares in the last quarter. Orion Portfolio Solutions LLC acquired a new stake in TELUS International (Cda) in the third quarter valued at approximately $96,000. Finally, Centiva Capital LP purchased a new stake in shares of TELUS International (Cda) in the third quarter valued at approximately $103,000. Institutional investors and hedge funds own 59.55% of the company’s stock.

TELUS International (Cda) Price Performance

NYSE:TIXT opened at $3.75 on Friday. TELUS International has a twelve month low of $2.83 and a twelve month high of $11.51. The company’s 50-day moving average price is $3.81 and its 200-day moving average price is $4.45. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.02 and a quick ratio of 1.02.

TELUS International (Cda) (NYSE:TIXT) last released its earnings results on Friday, November 8th. The company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The business had revenue of $658.00 million for the quarter, compared to analyst estimates of $650.10 million. TELUS International (Cda) had a net margin of 1.17% and a return on equity of 9.67%. During the same period last year, the company posted $0.19 EPS. On average, research analysts expect that TELUS International will post 0.43 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Desjardins upgraded TELUS International (Cda) to a “hold” rating in a research report on Thursday, September 26th. Two 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 MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $7.37.

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.