Sei Investments Co. Has $1.05 Million Holdings in IBEX Limited (NASDAQ:IBEX)

Sei Investments Co. lifted its position in shares of IBEX Limited (NASDAQ:IBEX) by 24.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,849 shares of the company’s stock after purchasing an additional 10,519 shares during the quarter. Sei Investments Co. owned approximately 0.29% of IBEX worth $1,051,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the company. American Century Companies Inc. grew its holdings in shares of IBEX by 3.3% during the 2nd quarter. American Century Companies Inc. now owns 914,217 shares of the company’s stock worth $17,846,000 after purchasing an additional 29,392 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in IBEX by 3.9% in the 1st quarter. Ameriprise Financial Inc. now owns 782,681 shares of the company’s stock valued at $17,218,000 after buying an additional 29,729 shares in the last quarter. BlackRock Inc. boosted its stake in IBEX by 5.7% in the 1st quarter. BlackRock Inc. now owns 274,652 shares of the company’s stock valued at $6,042,000 after buying an additional 14,930 shares in the last quarter. Boston Partners boosted its stake in IBEX by 1.6% in the 1st quarter. Boston Partners now owns 150,250 shares of the company’s stock valued at $3,306,000 after buying an additional 2,392 shares in the last quarter. Finally, Federated Hermes Inc. boosted its stake in IBEX by 3.3% in the 1st quarter. Federated Hermes Inc. now owns 114,204 shares of the company’s stock valued at $2,512,000 after buying an additional 3,688 shares in the last quarter. 24.26% of the stock is currently owned by institutional investors.

Several analysts recently commented on the company. Citigroup decreased their price target on IBEX from $29.00 to $23.00 and set a “buy” rating on the stock in a research note on Thursday, September 16th. Piper Sandler decreased their price target on IBEX from $25.00 to $22.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 15th. Robert W. Baird reaffirmed a “buy” rating and issued a $28.00 price target on shares of IBEX in a research note on Monday, September 6th. Finally, Zacks Investment Research lowered IBEX from a “hold” rating to a “sell” rating in a research note on Thursday, September 16th. One analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, IBEX has an average rating of “Buy” and a consensus price target of $22.67.

IBEX stock opened at $17.21 on Tuesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.40 and a current ratio of 1.34. The firm has a market cap of $316.46 million and a P/E ratio of 143.43. The business’s fifty day moving average is $19.55 and its two-hundred day moving average is $20.77. IBEX Limited has a 52 week low of $9.45 and a 52 week high of $25.50.

IBEX (NASDAQ:IBEX) last posted its quarterly earnings data on Monday, September 13th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.15. IBEX had a return on equity of 30.31% and a net margin of 0.64%. During the same period last year, the company earned $0.14 EPS. On average, equities research analysts predict that IBEX Limited will post 1.11 earnings per share for the current year.

IBEX Company Profile

IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company provides ibex Connect, a customer engagement solution comprises customer service, technical support, and other value-added outsourced back office services through voice, email, chat, SMS, social media and other communication applications; ibex Digital, a customer acquisition solution that offers search, social, and display advertising capabilities; and ibex CX, a customer experience solution, which provides a comprehensive suite of proprietary software tools to measure, monitor and manage its clients' customer experience.

See Also: Why do earnings reports matter?

Want to see what other hedge funds are holding IBEX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IBEX Limited (NASDAQ:IBEX).

Institutional Ownership by Quarter for IBEX (NASDAQ:IBEX)

Receive News & Ratings for IBEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IBEX and related companies with MarketBeat.com's FREE daily email newsletter.