PI Global Investments
Hedge Funds

Oregon Public Employees Retirement Fund Trims Stock Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)


Oregon Public Employees Retirement Fund trimmed its holdings in ExlService Holdings, Inc. (NASDAQ:EXLSGet Rating) by 1.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,561 shares of the business services provider’s stock after selling 218 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in ExlService were worth $1,800,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Maryland State Retirement & Pension System increased its holdings in ExlService by 0.6% during the 1st quarter. Maryland State Retirement & Pension System now owns 13,355 shares of the business services provider’s stock worth $1,913,000 after purchasing an additional 78 shares during the period. We Are One Seven LLC increased its holdings in ExlService by 2.8% during the 4th quarter. We Are One Seven LLC now owns 3,324 shares of the business services provider’s stock worth $481,000 after purchasing an additional 92 shares during the period. New York State Teachers Retirement System increased its holdings in ExlService by 0.7% during the 4th quarter. New York State Teachers Retirement System now owns 15,071 shares of the business services provider’s stock worth $2,182,000 after purchasing an additional 107 shares during the period. Xponance Inc. increased its holdings in ExlService by 7.5% during the 1st quarter. Xponance Inc. now owns 1,667 shares of the business services provider’s stock worth $239,000 after purchasing an additional 116 shares during the period. Finally, Mutual of America Capital Management LLC increased its holdings in ExlService by 2.8% during the 4th quarter. Mutual of America Capital Management LLC now owns 4,550 shares of the business services provider’s stock worth $659,000 after purchasing an additional 126 shares during the period. Hedge funds and other institutional investors own 94.71% of the company’s stock.

Shares of EXLS stock opened at $152.61 on Friday. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of 43.85, a price-to-earnings-growth ratio of 2.56 and a beta of 0.90. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.58 and a quick ratio of 2.58. The business has a fifty day moving average of $140.46 and a 200 day moving average of $135.27. ExlService Holdings, Inc. has a 1 year low of $105.69 and a 1 year high of $156.15.

ExlService (NASDAQ:EXLSGet Rating) last announced its quarterly earnings results on Thursday, April 28th. The business services provider reported $1.18 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.19. ExlService had a return on equity of 20.12% and a net margin of 10.00%. The firm had revenue of $329.20 million during the quarter, compared to analyst estimates of $307.04 million. During the same quarter in the previous year, the business earned $1.02 EPS. ExlService’s revenue for the quarter was up 25.9% compared to the same quarter last year. As a group, equities research analysts expect that ExlService Holdings, Inc. will post 4.54 earnings per share for the current year.

In related news, Director Garen K. Staglin sold 2,500 shares of ExlService stock in a transaction dated Thursday, June 9th. The stock was sold at an average price of $148.04, for a total value of $370,100.00. Following the sale, the director now directly owns 28,174 shares in the company, valued at approximately $4,170,878.96. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 3.51% of the company’s stock.

Several brokerages have issued reports on EXLS. Cowen dropped their target price on ExlService from $160.00 to $155.00 in a research report on Friday, June 17th. Cowen lowered their price objective on ExlService from $160.00 to $155.00 and set an “outperform” rating for the company in a research report on Friday, June 17th. StockNews.com cut ExlService from a “buy” rating to a “hold” rating in a research report on Friday, June 17th. Citigroup raised their price objective on ExlService from $127.00 to $149.00 in a research report on Wednesday, April 20th. Finally, Robert W. Baird raised their price objective on ExlService from $138.00 to $146.00 in a research report on Thursday, April 14th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $147.00.

About ExlService (Get Rating)

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. It operates through Insurance, Healthcare, Analytics, and Emerging Business segments. The company provides digital operations and solutions and analytics-driven services across the insurance industry in areas, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.

Featured Stories

Want to see what other hedge funds are holding EXLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExlService Holdings, Inc. (NASDAQ:EXLSGet Rating).

Institutional Ownership by Quarter for ExlService (NASDAQ:EXLS)



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

Source link

Related posts

Can alternatives help mitigate market risks?

Miles

Fund Managers Are Going Big on These Infrastructure Stocks

Miles

Here Are the Finalists for the 2022 Allocators’ Choice Awards

Miles

Leave a Comment

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.

    100% secure your website.