Measured Wealth Private Client Group LLC lifted its stake in ExlService Holdings, Inc. (NASDAQ:EXLS) by 42.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,392 shares of the business services provider’s stock after acquiring an additional 1,902 shares during the period. Measured Wealth Private Client Group LLC’s holdings in ExlService were worth $384,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Private Capital Group LLC boosted its holdings in shares of ExlService by 36.9% in the fourth quarter. Private Capital Group LLC now owns 917 shares of the business services provider’s stock worth $48,000 after acquiring an additional 247 shares during the period. Quantamental Technologies LLC bought a new position in shares of ExlService in the first quarter worth $95,000. Amundi Pioneer Asset Management Inc. bought a new position in shares of ExlService in the fourth quarter worth $179,000. Crossmark Global Holdings Inc. bought a new position in shares of ExlService in the first quarter worth $205,000. Finally, Bedel Financial Consulting Inc. bought a new position in shares of ExlService in the first quarter worth $233,000. 93.59% of the stock is owned by hedge funds and other institutional investors.

NASDAQ:EXLS traded up $0.88 during trading hours on Thursday, hitting $61.12. 1,581 shares of the company’s stock traded hands, compared to its average volume of 115,428. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 26.56, a P/E/G ratio of 2.32 and a beta of 1.12. ExlService Holdings, Inc. has a 52 week low of $44.29 and a 52 week high of $67.06. 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 posted its quarterly earnings data on Tuesday, April 30th. The business services provider reported $0.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.17. The company had revenue of $239.57 million during the quarter, compared to analyst estimates of $238.88 million. ExlService had a return on equity of 13.63% and a net margin of 5.27%. The firm’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the company earned $0.65 earnings per share. Equities analysts forecast that ExlService Holdings, Inc. will post 2.31 earnings per share for the current fiscal year.

In other ExlService news, EVP Nalin Kumar Miglani sold 2,030 shares of ExlService stock in a transaction dated Tuesday, February 26th. The stock was sold at an average price of $62.29, for a total transaction of $126,448.70. Following the completion of the sale, the executive vice president now owns 992 shares of the company’s stock, valued at $61,791.68. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Nagaraja Srivatsan sold 2,102 shares of ExlService stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $59.92, for a total value of $125,951.84. Following the sale, the vice president now directly owns 6,854 shares of the company’s stock, valued at approximately $410,691.68. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,238 shares of company stock valued at $2,012,980. Corporate insiders own 3.60% of the company’s stock.

A number of equities analysts have recently commented on EXLS shares. Zacks Investment Research raised ExlService from a “sell” rating to a “hold” rating in a report on Wednesday, January 23rd. BidaskClub raised ExlService from a “hold” rating to a “buy” rating in a research note on Tuesday, February 5th. Robert W. Baird lowered ExlService from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $66.00 to $63.00 in a research note on Friday, March 1st. ValuEngine raised ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, February 2nd. Finally, Citigroup lifted their price objective on ExlService from $56.00 to $62.00 and gave the company a “neutral” rating in a research note on Friday, March 1st. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $64.33.

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About ExlService

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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