Universal Beteiligungs und Servicegesellschaft mbH Sells 62,532 Shares of ExlService Holdings, Inc. $EXLS

Universal Beteiligungs und Servicegesellschaft mbH trimmed its position in ExlService Holdings, Inc. (NASDAQ:EXLS) by 39.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,670 shares of the business services provider’s stock after selling 62,532 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in ExlService were worth $4,256,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Empowered Funds LLC boosted its position in shares of ExlService by 277.7% during the first quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider’s stock valued at $821,000 after buying an additional 12,781 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in ExlService by 4.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider’s stock valued at $23,486,000 after purchasing an additional 19,769 shares during the period. Jane Street Group LLC purchased a new stake in ExlService in the 1st quarter worth about $10,084,000. Park Avenue Securities LLC purchased a new position in shares of ExlService in the second quarter worth about $264,000. Finally, Public Employees Retirement System of Ohio grew its stake in ExlService by 1,000.9% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 53,956 shares of the business services provider’s stock valued at $2,363,000 after buying an additional 49,055 shares in the last quarter. Institutional investors and hedge funds own 92.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on EXLS. TD Cowen decreased their price target on ExlService from $52.00 to $51.00 and set a “buy” rating on the stock in a research report on Friday, January 9th. Weiss Ratings restated a “hold (c+)” rating on shares of ExlService in a research report on Thursday, January 22nd. Finally, Wall Street Zen downgraded shares of ExlService from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $53.00.

Insider Buying and Selling

In other ExlService news, insider Vikas Bhalla sold 11,774 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $39.99, for a total value of $470,842.26. Following the sale, the insider owned 115,272 shares in the company, valued at approximately $4,609,727.28. This represents a 9.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 4.04% of the stock is owned by insiders.

ExlService Trading Down 5.1%

Shares of EXLS opened at $40.49 on Wednesday. The firm’s 50-day moving average price is $41.61 and its 200-day moving average price is $41.97. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $6.43 billion, a price-to-earnings ratio of 27.54, a PEG ratio of 1.72 and a beta of 0.91. ExlService Holdings, Inc. has a 1-year low of $37.30 and a 1-year high of $52.43.

ExlService (NASDAQ:EXLS) last announced its earnings results on Tuesday, October 28th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. ExlService had a return on equity of 25.60% and a net margin of 11.91%.The firm had revenue of $529.59 million during the quarter, compared to analyst estimates of $522.35 million. The business’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.44 EPS. Sell-side analysts anticipate that ExlService Holdings, Inc. will post 1.27 EPS for the current year.

ExlService Company Profile

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.