UBS Group AG lifted its stake in ExlService Holdings, Inc. (NASDAQ:EXLS) by 63.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 92,585 shares of the business services provider’s stock after acquiring an additional 35,910 shares during the period. UBS Group AG owned 0.27% of ExlService worth $4,817,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Schonfeld Strategic Advisors LLC acquired a new stake in shares of ExlService in the 4th quarter worth approximately $265,000. AlphaCrest Capital Management LLC lifted its stake in shares of ExlService by 350.6% in the 4th quarter. AlphaCrest Capital Management LLC now owns 16,221 shares of the business services provider’s stock worth $1,127,000 after acquiring an additional 12,621 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of ExlService in the 4th quarter worth approximately $457,000. Oxford Asset Management LLP lifted its stake in shares of ExlService by 24.0% in the 4th quarter. Oxford Asset Management LLP now owns 38,135 shares of the business services provider’s stock worth $2,649,000 after acquiring an additional 7,389 shares during the period. Finally, Bessemer Group Inc. lifted its stake in shares of ExlService by 188.8% in the 1st quarter. Bessemer Group Inc. now owns 43,700 shares of the business services provider’s stock worth $2,274,000 after acquiring an additional 28,570 shares during the period. 89.61% of the stock is owned by institutional investors.

In other ExlService news, SVP Ajay Ayyappan sold 1,204 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $75.45, for a total value of $90,841.80. Following the transaction, the senior vice president now owns 239 shares in the company, valued at approximately $18,032.55. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.60% of the stock is currently owned by corporate insiders.

Several analysts recently commented on EXLS shares. BidaskClub lowered shares of ExlService from a “buy” rating to a “hold” rating in a research note on Thursday, May 14th. Robert W. Baird cut their target price on shares of ExlService from $80.00 to $62.00 and set a “neutral” rating for the company in a research note on Tuesday, March 24th. Needham & Company LLC lowered shares of ExlService from a “buy” rating to a “hold” rating and set a $55.00 target price for the company. in a research note on Thursday, May 7th. They noted that the move was a valuation call. TheStreet lowered shares of ExlService from a “b-” rating to a “c” rating in a research note on Friday, April 3rd. Finally, Stifel Nicolaus cut their target price on shares of ExlService from $78.00 to $72.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Ten equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $68.11.

ExlService stock opened at $58.90 on Friday. The firm has a market cap of $1.99 billion, a PE ratio of 27.02, a P/E/G ratio of 4.14 and a beta of 1.20. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.34 and a current ratio of 2.34. The firm’s 50 day moving average price is $55.80 and its two-hundred day moving average price is $65.74. ExlService Holdings, Inc. has a twelve month low of $40.61 and a twelve month high of $79.78.

ExlService (NASDAQ:EXLS) last released its quarterly earnings data on Thursday, May 7th. The business services provider reported $0.81 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.06. The firm had revenue of $246.00 million for the quarter, compared to analyst estimates of $250.19 million. ExlService had a net margin of 7.55% and a return on equity of 14.43%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.71 EPS. Equities analysts anticipate that ExlService Holdings, Inc. will post 1.93 EPS for the current fiscal year.

ExlService 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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