Metropolitan Life Insurance Co. NY cut its stake in ExlService Holdings, Inc. (NASDAQ:EXLS) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,726 shares of the company’s stock after selling 572 shares during the period. Metropolitan Life Insurance Co. NY owned about 0.07% of ExlService Holdings worth $1,146,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently bought and sold shares of EXLS. Eagle Asset Management Inc. bought a new position in ExlService Holdings during the third quarter valued at $1,803,000. First National Bank of Omaha raised its stake in ExlService Holdings by 11.9% in the third quarter. First National Bank of Omaha now owns 13,200 shares of the company’s stock worth $658,000 after buying an additional 1,400 shares in the last quarter. BTIM Corp. raised its stake in ExlService Holdings by 0.4% in the third quarter. BTIM Corp. now owns 358,734 shares of the company’s stock worth $17,880,000 after buying an additional 1,431 shares in the last quarter. AMI Asset Management Corp acquired a new stake in ExlService Holdings during the third quarter worth approximately $13,496,000. Finally, GW&K Investment Management LLC acquired a new stake in ExlService Holdings during the third quarter worth approximately $29,212,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.
Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) opened at 46.31 on Friday. ExlService Holdings, Inc. has a 12-month low of $42.00 and a 12-month high of $54.78. The firm’s 50-day moving average is $46.13 and its 200-day moving average is $47.81. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 25.87 and a beta of 1.62.
ExlService Holdings (NASDAQ:EXLS) last posted its quarterly earnings results on Tuesday, February 28th. The company reported $0.61 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.61. The company had revenue of $177.30 million for the quarter, compared to analyst estimates of $175.93 million. ExlService Holdings had a return on equity of 13.57% and a net margin of 9.04%. ExlService Holdings’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.56 EPS. Analysts predict that ExlService Holdings, Inc. will post $2.57 earnings per share for the current fiscal year.
A number of research firms have commented on EXLS. Cantor Fitzgerald reaffirmed a “buy” rating and set a $50.00 target price on shares of ExlService Holdings in a report on Tuesday, February 28th. Zacks Investment Research raised shares of ExlService Holdings from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a report on Friday, February 17th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $50.00.
In other news, EVP Nancy Saltzman sold 1,615 shares of the firm’s stock in a transaction dated Thursday, March 16th. The stock was sold at an average price of $45.08, for a total transaction of $72,804.20. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 5.94% of the stock is owned by company insiders.
ExlService Holdings Company Profile
ExlService Holdings, Inc is an operations management and analytics company. The Company operates through two segments: Operations Management and Analytics. The Company offers operations management solutions to the insurance, healthcare, banking and financial services, utilities, and travel, transportation and logistics industries.
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