Cwm LLC Acquires 24,189 Shares of Genpact Limited $G

Cwm LLC grew its holdings in shares of Genpact Limited (NYSE:G) by 37.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 89,164 shares of the business services provider’s stock after acquiring an additional 24,189 shares during the quarter. Cwm LLC owned 0.05% of Genpact worth $4,171,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Diversified Management Inc. acquired a new stake in shares of Genpact in the 4th quarter valued at approximately $253,000. Childress Capital Advisors LLC bought a new stake in shares of Genpact during the 4th quarter valued at approximately $479,000. Farther Finance Advisors LLC increased its position in Genpact by 57.7% during the 4th quarter. Farther Finance Advisors LLC now owns 6,438 shares of the business services provider’s stock worth $301,000 after purchasing an additional 2,356 shares in the last quarter. Assetmark Inc. lifted its stake in Genpact by 3.5% in the 4th quarter. Assetmark Inc. now owns 12,680 shares of the business services provider’s stock valued at $593,000 after purchasing an additional 433 shares during the last quarter. Finally, Transcend Capital Advisors LLC bought a new position in Genpact in the 4th quarter valued at approximately $252,000. Institutional investors own 96.03% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Balkrishan Kalra sold 2,800 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $40.77, for a total transaction of $114,156.00. Following the completion of the transaction, the chief executive officer directly owned 525,007 shares of the company’s stock, valued at $21,404,535.39. This trade represents a 0.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.58% of the stock is owned by insiders.

Genpact Stock Down 2.3%

NYSE:G opened at $36.17 on Thursday. Genpact Limited has a one year low of $33.92 and a one year high of $50.41. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.66 and a quick ratio of 1.66. The company has a market cap of $6.14 billion, a PE ratio of 11.56, a P/E/G ratio of 1.09 and a beta of 0.74. The firm’s 50 day simple moving average is $37.94 and its 200 day simple moving average is $41.70.

Genpact (NYSE:G) last announced its quarterly earnings results on Friday, February 6th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Genpact had a net margin of 10.88% and a return on equity of 22.02%. The company’s revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.91 EPS. On average, research analysts anticipate that Genpact Limited will post 3.6 earnings per share for the current year.

Genpact Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a $0.1875 dividend. The ex-dividend date was Monday, March 16th. This is a positive change from Genpact’s previous quarterly dividend of $0.17. This represents a $0.75 dividend on an annualized basis and a yield of 2.1%. Genpact’s dividend payout ratio (DPR) is currently 23.96%.

Analysts Set New Price Targets

A number of analysts have weighed in on G shares. Needham & Company LLC cut their target price on shares of Genpact from $53.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Wall Street Zen cut Genpact from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Mizuho cut their price objective on Genpact from $51.00 to $49.00 and set a “neutral” rating on the stock in a report on Tuesday, February 10th. Weiss Ratings restated a “hold (c+)” rating on shares of Genpact in a research report on Friday, December 26th. Finally, Susquehanna set a $42.00 target price on Genpact in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $47.29.

Genpact Profile

Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.

Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.

Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.