14,029 Shares in Genpact Limited (NYSE:G) Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC purchased a new stake in Genpact Limited (NYSE:GFree Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 14,029 shares of the business services provider’s stock, valued at approximately $487,000.

Other hedge funds have also recently bought and sold shares of the company. Cornercap Investment Counsel Inc. acquired a new position in shares of Genpact in the 4th quarter worth approximately $1,122,000. ARGA Investment Management LP acquired a new position in Genpact in the fourth quarter worth $5,881,000. Old Well Partners LLC increased its stake in shares of Genpact by 10.8% in the third quarter. Old Well Partners LLC now owns 135,731 shares of the business services provider’s stock valued at $4,913,000 after buying an additional 13,200 shares in the last quarter. Greenhaven Associates Inc. bought a new position in shares of Genpact in the fourth quarter valued at about $10,510,000. Finally, Russell Investments Group Ltd. lifted its position in Genpact by 12.5% during the 4th quarter. Russell Investments Group Ltd. now owns 218,346 shares of the business services provider’s stock worth $7,579,000 after buying an additional 24,259 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Genpact Stock Up 0.3 %

NYSE:G opened at $33.34 on Monday. The stock’s fifty day simple moving average is $32.39 and its 200-day simple moving average is $33.84. The firm has a market capitalization of $6.00 billion, a P/E ratio of 9.53, a P/E/G ratio of 1.56 and a beta of 1.12. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.36. Genpact Limited has a 12-month low of $29.41 and a 12-month high of $39.75.

Genpact (NYSE:GGet Free Report) last posted its earnings results on Thursday, May 9th. The business services provider reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.06. The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.11 billion. Genpact had a return on equity of 22.71% and a net margin of 14.21%. Equities research analysts expect that Genpact Limited will post 2.7 earnings per share for the current year.

Genpact Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 26th. Stockholders of record on Monday, June 10th will be given a dividend of $0.153 per share. The ex-dividend date of this dividend is Monday, June 10th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.84%. Genpact’s dividend payout ratio is 17.43%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on G shares. Citigroup dropped their target price on shares of Genpact from $36.00 to $33.00 and set a “neutral” rating for the company in a research note on Monday, April 22nd. StockNews.com cut shares of Genpact from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 5th. Wedbush reiterated a “neutral” rating and issued a $35.00 price objective on shares of Genpact in a research report on Friday, May 10th. Needham & Company LLC restated a “buy” rating and set a $40.00 target price on shares of Genpact in a research report on Friday, May 10th. Finally, BMO Capital Markets decreased their price target on Genpact from $39.00 to $38.00 and set a “market perform” rating on the stock in a report on Friday, May 10th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, Genpact currently has an average rating of “Hold” and a consensus target price of $38.00.

Get Our Latest Research Report on G

Genpact Company Profile

(Free Report)

Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims.

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Institutional Ownership by Quarter for Genpact (NYSE:G)

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