Mitsubishi UFJ Asset Management UK Ltd. bought a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 25,000 shares of the business services provider’s stock, valued at approximately $1,508,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EXLS. California Public Employees Retirement System boosted its holdings in ExlService by 4.0% during the 2nd quarter. California Public Employees Retirement System now owns 52,600 shares of the business services provider’s stock valued at $2,924,000 after acquiring an additional 2,000 shares during the period. Neumeier Poma Investment Counsel LLC boosted its holdings in ExlService by 100.4% during the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 400,475 shares of the business services provider’s stock valued at $23,356,000 after acquiring an additional 200,625 shares during the period. Alps Advisors Inc. purchased a new position in ExlService during the 3rd quarter valued at $483,000. JPMorgan Chase & Co. boosted its holdings in ExlService by 10.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 132,500 shares of the business services provider’s stock valued at $7,692,000 after acquiring an additional 12,586 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its holdings in ExlService by 7.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 144,181 shares of the business services provider’s stock valued at $8,014,000 after acquiring an additional 9,895 shares during the period. 92.13% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts recently issued reports on EXLS shares. Zacks Investment Research cut ExlService from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. SunTrust Banks restated a “hold” rating and set a $60.00 price objective on shares of ExlService in a report on Monday, October 9th. Robert W. Baird boosted their price objective on ExlService from $62.00 to $66.00 and gave the company an “outperform” rating in a report on Thursday, October 12th. Cowen restated a “buy” rating and set a $54.00 price objective on shares of ExlService in a report on Thursday, October 12th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $64.00 price objective on shares of ExlService in a report on Thursday, October 26th. Two analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company’s stock. ExlService currently has an average rating of “Hold” and a consensus price target of $62.42.

Shares of ExlService Holdings, Inc. (NASDAQ EXLS) traded down $0.51 during mid-day trading on Friday, hitting $62.97. The company’s stock had a trading volume of 108,400 shares, compared to its average volume of 95,042. ExlService Holdings, Inc. has a twelve month low of $44.25 and a twelve month high of $63.86. The stock has a market cap of $2,154.70, a PE ratio of 29.84, a price-to-earnings-growth ratio of 1.98 and a beta of 1.26. The company has a quick ratio of 3.81, a current ratio of 3.81 and a debt-to-equity ratio of 0.08.

ExlService (NASDAQ:EXLS) last released its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.68 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.03. The firm had revenue of $192.30 million during the quarter, compared to analyst estimates of $191.20 million. ExlService had a return on equity of 14.81% and a net margin of 9.94%. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.61 EPS. analysts forecast that ExlService Holdings, Inc. will post 2.12 EPS for the current fiscal year.

In other news, CEO Rohit Kapoor sold 16,206 shares of the business’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $62.56, for a total value of $1,013,847.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Nalin Kumar Miglani sold 3,526 shares of the business’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $60.37, for a total value of $212,864.62. The disclosure for this sale can be found here. Over the last three months, insiders sold 55,340 shares of company stock valued at $3,427,555. Corporate insiders own 5.80% of the company’s stock.

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ExlService Profile

ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.

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Institutional Ownership by Quarter for ExlService (NASDAQ:EXLS)

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