Boston Partners grew its holdings in shares of Sykes Enterprises, Incorporated (NASDAQ:SYKE) by 2.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 1,348,116 shares of the information technology services provider’s stock after acquiring an additional 36,192 shares during the quarter. Boston Partners owned about 3.22% of Sykes Enterprises, worth $39,311,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SYKE. Bank of America Corp DE raised its stake in shares of Sykes Enterprises, by 26.7% in the 1st quarter. Bank of America Corp DE now owns 382,430 shares of the information technology services provider’s stock worth $11,243,000 after buying an additional 80,498 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Sykes Enterprises, by 44.4% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 15,639 shares of the information technology services provider’s stock worth $524,000 after buying an additional 4,807 shares in the last quarter. BlackRock Inc. raised its stake in shares of Sykes Enterprises, by 48,788.9% in the 1st quarter. BlackRock Inc. now owns 4,860,043 shares of the information technology services provider’s stock worth $142,885,000 after buying an additional 4,850,102 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Sykes Enterprises, by 5.9% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 257,505 shares of the information technology services provider’s stock worth $7,571,000 after buying an additional 14,385 shares in the last quarter. Finally, Federated Investors Inc. PA raised its stake in shares of Sykes Enterprises, by 44.0% in the 2nd quarter. Federated Investors Inc. PA now owns 46,305 shares of the information technology services provider’s stock worth $1,553,000 after buying an additional 14,159 shares in the last quarter. Institutional investors own 85.48% of the company’s stock.

Shares of Sykes Enterprises, Incorporated (NASDAQ:SYKE) opened at $28.70 on Monday. The stock has a market capitalization of $1,231.16, a price-to-earnings ratio of 14.00, a PEG ratio of 1.49 and a beta of 0.85. The company has a current ratio of 3.29, a quick ratio of 3.29 and a debt-to-equity ratio of 0.33. Sykes Enterprises, Incorporated has a 52-week low of $25.77 and a 52-week high of $34.49.

Sykes Enterprises, (NASDAQ:SYKE) last announced its earnings results on Monday, November 6th. The information technology services provider reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. The company had revenue of $407.31 million for the quarter, compared to analyst estimates of $399.22 million. Sykes Enterprises, had a return on equity of 11.33% and a net margin of 4.32%. Sykes Enterprises,’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.55 earnings per share. research analysts anticipate that Sykes Enterprises, Incorporated will post 1.93 EPS for the current fiscal year.

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In other news, CEO Charles E. Sykes sold 20,000 shares of the business’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $26.27, for a total transaction of $525,400.00. Following the sale, the chief executive officer now directly owns 337,999 shares of the company’s stock, valued at $8,879,233.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.70% of the stock is owned by insiders.

SYKE has been the topic of a number of research reports. Zacks Investment Research downgraded Sykes Enterprises, from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Robert W. Baird dropped their price objective on Sykes Enterprises, from $36.00 to $30.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 8th. Finally, SunTrust Banks, Inc. reissued a “buy” rating and issued a $34.00 price objective on shares of Sykes Enterprises, in a research note on Monday, October 9th.

About Sykes Enterprises,

Sykes Enterprises, Incorporated is engaged in providing outsourced customer contact management solutions and services in the business process outsourcing (BPO) arena on a global basis. The Company has operations in two segments: the Americas, which includes the United States, Canada, Latin America, Australia and the Asia Pacific Rim, and EMEA, which includes Europe, the Middle East and Africa.

Institutional Ownership by Quarter for Sykes Enterprises, (NASDAQ:SYKE)

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