Beaumont Financial Advisors LLC Acquires 13,425 Shares of Genpact Limited $G

Beaumont Financial Advisors LLC boosted its holdings in shares of Genpact Limited (NYSE:G) by 19.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,048 shares of the business services provider’s stock after buying an additional 13,425 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Genpact were worth $3,838,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its holdings in shares of Genpact by 8.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,978,210 shares of the business services provider’s stock valued at $166,651,000 after acquiring an additional 319,861 shares during the period. JPMorgan Chase & Co. boosted its position in Genpact by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 3,762,407 shares of the business services provider’s stock valued at $157,609,000 after purchasing an additional 549,117 shares in the last quarter. AQR Capital Management LLC boosted its position in Genpact by 170.4% during the third quarter. AQR Capital Management LLC now owns 3,443,472 shares of the business services provider’s stock valued at $144,247,000 after purchasing an additional 2,170,145 shares in the last quarter. Tandem Investment Advisors Inc. grew its stake in Genpact by 13.6% in the third quarter. Tandem Investment Advisors Inc. now owns 2,936,194 shares of the business services provider’s stock valued at $122,997,000 after purchasing an additional 351,871 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in Genpact by 3.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,584,606 shares of the business services provider’s stock valued at $108,269,000 after purchasing an additional 82,918 shares during the last quarter. Institutional investors own 96.03% of the company’s stock.

Insider Transactions at Genpact

In related news, SVP Sameer Dewan sold 15,088 shares of the firm’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $46.65, for a total value of $703,855.20. Following the completion of the transaction, the senior vice president owned 37,749 shares in the company, valued at $1,760,990.85. This trade represents a 28.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Balkrishan Kalra sold 2,800 shares of Genpact stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $40.77, for a total value of $114,156.00. Following the sale, the chief executive officer directly owned 525,007 shares of the company’s stock, valued at approximately $21,404,535.39. This represents a 0.53% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 33,904 shares of company stock worth $1,565,158. Company insiders own 1.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on G. Wall Street Zen lowered shares of Genpact from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Genpact in a research report on Friday, December 26th. Citigroup upgraded shares of Genpact from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 13th. Susquehanna set a $42.00 target price on shares of Genpact in a research report on Friday, February 6th. Finally, Mizuho cut their price target on shares of Genpact from $51.00 to $49.00 and set a “neutral” rating on the stock in a report on Tuesday, February 10th. One equities research 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 company. Based on data from MarketBeat, Genpact currently has a consensus rating of “Hold” and a consensus target price of $47.29.

Genpact Price Performance

Shares of NYSE G opened at $37.72 on Friday. Genpact Limited has a fifty-two week low of $34.79 and a fifty-two week high of $50.41. The company has a market cap of $6.40 billion, a PE ratio of 12.05, a P/E/G ratio of 1.10 and a beta of 0.74. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.66 and a current ratio of 1.66. The business has a 50-day simple moving average of $39.45 and a two-hundred day simple moving average of $42.21.

Genpact (NYSE:G) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $1.31 billion. Genpact had a net margin of 10.88% and a return on equity of 22.02%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.91 earnings per share. As a group, equities analysts expect that Genpact Limited will post 3.21 EPS for the current fiscal year.

Genpact Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a $0.1875 dividend. This is an increase from Genpact’s previous quarterly dividend of $0.17. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Monday, March 16th. Genpact’s dividend payout ratio is 23.96%.

About Genpact

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.