Virtu Financial LLC Acquires Shares of 13,702 TELUS International (Cda) Inc. (NYSE:TIXT)

Virtu Financial LLC bought a new stake in TELUS International (Cda) Inc. (NYSE:TIXT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,702 shares of the company’s stock, valued at approximately $54,000.

Several other institutional investors have also recently made changes to their positions in the company. Mackenzie Financial Corp raised its position in TELUS International (Cda) by 5.9% in the 2nd quarter. Mackenzie Financial Corp now owns 8,440,050 shares of the company’s stock worth $48,744,000 after purchasing an additional 472,103 shares during the period. QV Investors Inc. grew its stake in shares of TELUS International (Cda) by 398.0% during the third quarter. QV Investors Inc. now owns 6,011,720 shares of the company’s stock valued at $23,496,000 after buying an additional 4,804,521 shares during the last quarter. Scheer Rowlett & Associates Investment Management Ltd. grew its stake in shares of TELUS International (Cda) by 5.8% during the third quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 3,151,263 shares of the company’s stock valued at $12,301,000 after buying an additional 173,477 shares during the last quarter. Northwest & Ethical Investments L.P. raised its holdings in shares of TELUS International (Cda) by 256.5% in the third quarter. Northwest & Ethical Investments L.P. now owns 1,821,074 shares of the company’s stock worth $7,110,000 after buying an additional 1,310,287 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of TELUS International (Cda) during the 3rd quarter worth approximately $3,257,000. Institutional investors own 59.55% of the company’s stock.

Analysts Set New Price Targets

Separately, Desjardins raised TELUS International (Cda) to a “hold” rating in a research report on Thursday, September 26th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $7.37.

TELUS International (Cda) Trading Up 2.0 %

NYSE:TIXT opened at $3.64 on Friday. The firm has a 50-day simple moving average of $3.80 and a 200-day simple moving average of $4.39. TELUS International has a one year low of $2.83 and a one year high of $11.51. The firm has a market cap of $1.00 billion, a P/E ratio of -72.80, a P/E/G ratio of 1.22 and a beta of 0.70. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.02 and a current ratio of 1.02.

TELUS International (Cda) (NYSE:TIXT) last issued its quarterly earnings data on Friday, November 8th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The company had revenue of $658.00 million during the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm posted $0.19 earnings per share. Equities analysts anticipate that TELUS International will post 0.43 EPS for the current fiscal year.

TELUS International (Cda) Company Profile

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.