Strs Ohio Sells 600 Shares of ExlService Holdings, Inc. (NASDAQ:EXLS)

Strs Ohio decreased its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,500 shares of the business services provider’s stock after selling 600 shares during the quarter. Strs Ohio’s holdings in ExlService were worth $509,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. FinTrust Capital Advisors LLC acquired a new position in shares of ExlService in the 3rd quarter valued at $29,000. Public Employees Retirement System of Ohio raised its stake in shares of ExlService by 439.5% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,052 shares of the business services provider’s stock valued at $29,000 after buying an additional 857 shares in the last quarter. RiverPark Advisors LLC raised its stake in shares of ExlService by 65.2% in the 4th quarter. RiverPark Advisors LLC now owns 1,274 shares of the business services provider’s stock valued at $39,000 after buying an additional 503 shares in the last quarter. Operose Advisors LLC acquired a new position in shares of ExlService in the 3rd quarter valued at $38,000. Finally, International Assets Investment Management LLC acquired a new position in shares of ExlService in the 4th quarter valued at $50,000. Institutional investors and hedge funds own 92.92% of the company’s stock.

Wall Street Analyst Weigh In

EXLS has been the subject of a number of recent research reports. StockNews.com cut shares of ExlService from a “buy” rating to a “hold” rating in a research note on Thursday, February 29th. Needham & Company LLC reiterated a “buy” rating and set a $40.00 target price on shares of ExlService in a research report on Friday, March 1st. TD Cowen increased their target price on shares of ExlService from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 2nd. Finally, Citigroup dropped their target price on shares of ExlService from $38.00 to $37.00 and set a “buy” rating for the company in a research report on Monday, April 22nd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $36.14.

ExlService Trading Up 0.2 %

Shares of ExlService stock opened at $29.36 on Friday. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $4.87 billion, a P/E ratio of 26.84, a price-to-earnings-growth ratio of 1.53 and a beta of 0.97. ExlService Holdings, Inc. has a 12-month low of $25.17 and a 12-month high of $35.94. The company has a 50-day simple moving average of $30.64 and a 200 day simple moving average of $29.82.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings data on Thursday, February 29th. The business services provider reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). The company had revenue of $414.06 million during the quarter, compared to analyst estimates of $408.56 million. ExlService had a net margin of 11.32% and a return on equity of 22.83%. Research analysts expect that ExlService Holdings, Inc. will post 1.3 earnings per share for the current fiscal year.

Insider Buying and Selling at ExlService

In other ExlService news, EVP Vikas Bhalla sold 23,760 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $31.51, for a total value of $748,677.60. Following the completion of the sale, the executive vice president now owns 127,046 shares in the company, valued at approximately $4,003,219.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, EVP Vikas Bhalla sold 23,760 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $31.51, for a total value of $748,677.60. Following the transaction, the executive vice president now owns 127,046 shares of the company’s stock, valued at approximately $4,003,219.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ajay Ayyappan sold 9,259 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $31.59, for a total transaction of $292,491.81. Following the completion of the transaction, the executive vice president now directly owns 50,693 shares in the company, valued at approximately $1,601,391.87. The disclosure for this sale can be found here. Corporate insiders own 3.75% of the company’s stock.

ExlService Profile

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.