DGS Capital Management LLC Boosts Stock Holdings in TELUS International (Cda) Inc. (NYSE:TIXT)

DGS Capital Management LLC boosted its holdings in TELUS International (Cda) Inc. (NYSE:TIXT - Free Report) by 213.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 115,202 shares of the company's stock after purchasing an additional 78,460 shares during the quarter. DGS Capital Management LLC's holdings in TELUS International (Cda) were worth $452,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of TIXT. XTX Topco Ltd purchased a new stake in TELUS International (Cda) in the second quarter worth about $191,000. Marshall Wace LLP grew its holdings in TELUS International (Cda) by 2.3% in the second quarter. Marshall Wace LLP now owns 223,262 shares of the company's stock worth $1,290,000 after purchasing an additional 5,017 shares during the period. Mackenzie Financial Corp grew its holdings in TELUS International (Cda) by 5.9% in the second 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 holdings 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. Finally, Blue Trust Inc. grew its holdings in shares of TELUS International (Cda) by 15.1% during the third quarter. Blue Trust Inc. now owns 22,428 shares of the company's stock valued at $88,000 after buying an additional 2,948 shares during the last quarter. Hedge funds and other institutional investors own 59.55% of the company's stock.

Analysts Set New Price Targets

TIXT has been the topic of a number of recent analyst reports. Stifel Nicolaus initiated coverage on shares of TELUS International (Cda) in a report on Thursday, January 16th. They set a "buy" rating and a $5.00 price target on the stock. Stifel Canada upgraded shares of TELUS International (Cda) to a "strong-buy" rating in a report on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $7.20.

TELUS International (Cda) Stock Performance

TIXT traded up $0.04 during trading on Friday, hitting $3.97. The company's stock had a trading volume of 404,615 shares, compared to its average volume of 570,741. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.72. 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 $1.09 billion, a PE ratio of -79.30, a P/E/G ratio of 1.45 and a beta of 0.67. The business's 50 day simple moving average is $3.73 and its 200-day simple moving average is $3.99.

TELUS International (Cda) (NYSE:TIXT - Get Free Report) last released its quarterly earnings results on Friday, November 8th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.03. TELUS International (Cda) had a net margin of 1.17% and a return on equity of 9.67%. The business had revenue of $658.00 million for the quarter, compared to the consensus estimate of $650.10 million. During the same period last year, the firm earned $0.19 earnings per share. As a group, sell-side analysts predict 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.