Orion Portfolio Solutions LLC Acquires 1,203 Shares of ExlService Holdings, Inc. (NASDAQ:EXLS)

Orion Portfolio Solutions LLC lifted its stake in ExlService Holdings, Inc. (NASDAQ:EXLSFree Report) by 7.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,649 shares of the business services provider’s stock after purchasing an additional 1,203 shares during the period. Orion Portfolio Solutions LLC’s holdings in ExlService were worth $502,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. GHP Investment Advisors Inc. boosted its holdings in ExlService by 1,301.4% during the fourth quarter. GHP Investment Advisors Inc. now owns 85,723 shares of the business services provider’s stock worth $2,645,000 after buying an additional 79,606 shares during the last quarter. Boston Trust Walden Corp boosted its stake in ExlService by 19.4% during the 4th quarter. Boston Trust Walden Corp now owns 3,725,199 shares of the business services provider’s stock worth $114,922,000 after acquiring an additional 606,215 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in ExlService by 398.8% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 386,000 shares of the business services provider’s stock valued at $10,823,000 after purchasing an additional 308,618 shares during the period. Vanguard Group Inc. increased its stake in ExlService by 402.9% in the third quarter. Vanguard Group Inc. now owns 16,834,702 shares of the business services provider’s stock valued at $472,045,000 after purchasing an additional 13,487,495 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale raised its holdings in ExlService by 422.5% in the third quarter. DekaBank Deutsche Girozentrale now owns 57,775 shares of the business services provider’s stock worth $1,627,000 after purchasing an additional 46,717 shares during the period. 92.92% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at ExlService

In other news, insider Vivek Jetley sold 4,000 shares of the stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of $30.28, for a total value of $121,120.00. Following the completion of the sale, the insider now owns 333,847 shares of the company’s stock, valued at approximately $10,108,887.16. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other ExlService news, insider Vikas Bhalla sold 14,990 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $30.84, for a total transaction of $462,291.60. Following the transaction, the insider now owns 112,056 shares of the company’s stock, valued at $3,455,807.04. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Vivek Jetley sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $30.28, for a total value of $121,120.00. Following the completion of the sale, the insider now directly owns 333,847 shares of the company’s stock, valued at $10,108,887.16. The disclosure for this sale can be found here. Insiders sold a total of 122,096 shares of company stock worth $3,761,910 over the last ninety days. 3.75% of the stock is currently owned by corporate insiders.

ExlService Trading Down 1.4 %

NASDAQ EXLS opened at $29.09 on Friday. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 1.55 and a beta of 1.02. ExlService Holdings, Inc. has a 52 week low of $25.17 and a 52 week high of $33.40. The stock’s 50 day moving average price is $30.15 and its two-hundred day moving average price is $30.42. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.54 and a current ratio of 2.54.

ExlService (NASDAQ:EXLSGet Free Report) last announced its earnings results on Thursday, May 2nd. The business services provider reported $0.30 EPS for the quarter, topping the consensus estimate of $0.29 by $0.01. ExlService had a net margin of 10.92% and a return on equity of 23.13%. The business had revenue of $436.51 million during the quarter, compared to analysts’ expectations of $424.81 million. As a group, analysts anticipate that ExlService Holdings, Inc. will post 1.28 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on EXLS shares. Needham & Company LLC restated a “buy” rating and issued a $40.00 price objective on shares of ExlService in a research report on Friday, May 3rd. StockNews.com lowered ExlService from a “buy” rating to a “hold” rating in a research report on Thursday, February 29th. TD Cowen boosted their price objective on ExlService from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, April 2nd. Citigroup lowered their target price on ExlService from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Monday, April 22nd. Finally, Wedbush raised shares of ExlService from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $34.00 to $40.00 in a research note on Wednesday, May 8th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, ExlService presently has an average rating of “Moderate Buy” and a consensus price target of $37.00.

View Our Latest Stock Report on ExlService

About ExlService

(Free Report)

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.

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Institutional Ownership by Quarter for ExlService (NASDAQ:EXLS)

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