ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Bought by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can raised its position in ExlService Holdings, Inc. (NASDAQ:EXLS) by 2.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,922 shares of the business services provider’s stock after acquiring an additional 986 shares during the period. Great West Life Assurance Co. Can owned approximately 0.14% of ExlService worth $2,815,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the company. Quantamental Technologies LLC purchased a new position in ExlService in the first quarter valued at $95,000. Amundi Pioneer Asset Management Inc. purchased a new position in ExlService in the fourth quarter valued at $179,000. Crossmark Global Holdings Inc. purchased a new position in ExlService in the first quarter valued at $205,000. Bedel Financial Consulting Inc. purchased a new position in ExlService in the first quarter valued at $233,000. Finally, Tandem Investment Advisors Inc. increased its stake in shares of ExlService by 7.0% during the first quarter. Tandem Investment Advisors Inc. now owns 4,659 shares of the business services provider’s stock worth $280,000 after purchasing an additional 306 shares in the last quarter. Institutional investors and hedge funds own 92.11% of the company’s stock.

EXLS traded up $0.26 during trading hours on Friday, hitting $66.13. 126,605 shares of the company’s stock were exchanged, compared to its average volume of 114,620. ExlService Holdings, Inc. has a 12-month low of $44.29 and a 12-month high of $67.68. The stock’s 50 day moving average price is $61.47. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 28.63, a P/E/G ratio of 2.58 and a beta of 1.05. The company has a debt-to-equity ratio of 0.48, a quick ratio of 3.40 and a current ratio of 3.40.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings data on Tuesday, April 30th. The business services provider reported $0.71 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.17. The company had revenue of $239.57 million for the quarter, compared to the consensus estimate of $238.88 million. ExlService had a net margin of 5.27% and a return on equity of 13.63%. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.65 EPS. Analysts predict that ExlService Holdings, Inc. will post 2.31 earnings per share for the current fiscal year.

In other news, EVP Vikas Bhalla sold 10,000 shares of the firm’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of $66.35, for a total value of $663,500.00. Following the completion of the sale, the executive vice president now owns 920 shares in the company, valued at approximately $61,042. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ajay Ayyappan sold 1,892 shares of the firm’s stock in a transaction on Tuesday, June 18th. The stock was sold at an average price of $63.50, for a total transaction of $120,142.00. The disclosure for this sale can be found here. Insiders sold a total of 40,006 shares of company stock worth $2,484,355 over the last ninety days. Insiders own 3.60% of the company’s stock.

Several analysts recently issued reports on EXLS shares. BidaskClub raised shares of ExlService from a “hold” rating to a “buy” rating in a research note on Wednesday, May 22nd. Robert W. Baird lowered shares of ExlService from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $66.00 to $63.00 in a report on Friday, March 1st. Zacks Investment Research upgraded shares of ExlService from a “sell” rating to a “hold” rating in a report on Tuesday, April 30th. Citigroup boosted their target price on shares of ExlService from $56.00 to $62.00 and gave the company a “neutral” rating in a report on Friday, March 1st. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $71.00 price objective on shares of ExlService in a report on Sunday, April 28th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $67.20.

ExlService Company Profile

ExlService Holdings, Inc provides operations management and analytics services in the United States, the United Kingdom, and internationally. The company offers business process management (BPM) services to the insurance industry in the areas of claims processing, subrogation, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business processing, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer services.

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Institutional Ownership by Quarter for ExlService (NASDAQ:EXLS)

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