Fort L.P. Has $1.12 Million Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

Fort L.P. grew its holdings in ExlService Holdings, Inc. (NASDAQ:EXLSGet Rating) by 81.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 7,747 shares of the business services provider’s stock after acquiring an additional 3,480 shares during the quarter. Fort L.P.’s holdings in ExlService were worth $1,122,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of EXLS. We Are One Seven LLC increased its holdings in ExlService by 2.8% during the fourth quarter. We Are One Seven LLC now owns 3,324 shares of the business services provider’s stock worth $481,000 after buying an additional 92 shares during the last quarter. Louisiana State Employees Retirement System increased its holdings in ExlService by 0.6% during the fourth quarter. Louisiana State Employees Retirement System now owns 16,100 shares of the business services provider’s stock worth $2,331,000 after buying an additional 100 shares during the last quarter. New York State Teachers Retirement System boosted its position in ExlService by 0.7% during the fourth quarter. New York State Teachers Retirement System now owns 15,071 shares of the business services provider’s stock worth $2,182,000 after purchasing an additional 107 shares during the period. Mutual of America Capital Management LLC boosted its position in ExlService by 2.8% during the fourth quarter. Mutual of America Capital Management LLC now owns 4,550 shares of the business services provider’s stock worth $659,000 after purchasing an additional 126 shares during the period. Finally, Advisor Group Holdings Inc. boosted its position in ExlService by 2.7% during the fourth quarter. Advisor Group Holdings Inc. now owns 4,988 shares of the business services provider’s stock worth $722,000 after purchasing an additional 133 shares during the period. Institutional investors own 94.71% of the company’s stock.

In other ExlService news, EVP Anita Mahon bought 1,150 shares of the stock in a transaction on Wednesday, March 16th. The stock was purchased at an average price of $138.05 per share, with a total value of $158,757.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Garen K. Staglin sold 2,500 shares of the business’s stock in a transaction dated Thursday, May 5th. The stock was sold at an average price of $138.10, for a total value of $345,250.00. Following the transaction, the director now directly owns 30,674 shares of the company’s stock, valued at approximately $4,236,079.40. The disclosure for this sale can be found here. In the last ninety days, insiders purchased 4,613 shares of company stock valued at $604,726. 2.81% of the stock is owned by insiders.

EXLS stock traded down $3.65 during midday trading on Wednesday, reaching $129.73. The company had a trading volume of 4,174 shares, compared to its average volume of 252,736. The company has a market capitalization of $4.32 billion, a price-to-earnings ratio of 38.33, a price-to-earnings-growth ratio of 2.29 and a beta of 0.97. The stock has a 50 day moving average price of $139.58 and a 200-day moving average price of $133.00. ExlService Holdings, Inc. has a 1-year low of $93.46 and a 1-year high of $154.98. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.58 and a quick ratio of 2.58.

ExlService (NASDAQ:EXLSGet Rating) last posted its quarterly earnings results on Thursday, April 28th. The business services provider reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.12. The business had revenue of $329.20 million during the quarter, compared to the consensus estimate of $307.04 million. ExlService had a return on equity of 20.12% and a net margin of 10.00%. ExlService’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.02 earnings per share. As a group, research analysts anticipate that ExlService Holdings, Inc. will post 4.54 earnings per share for the current year.

A number of equities analysts have commented on the stock. Robert W. Baird lifted their price objective on shares of ExlService from $138.00 to $146.00 in a research report on Thursday, April 14th. Zacks Investment Research raised shares of ExlService from a “hold” rating to a “buy” rating and set a $152.00 target price for the company in a research report on Tuesday, May 3rd. Bank of America raised shares of ExlService from a “neutral” rating to a “buy” rating and boosted their target price for the company from $132.00 to $143.00 in a research report on Tuesday, March 1st. StockNews.com raised shares of ExlService from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Citigroup boosted their target price on shares of ExlService from $127.00 to $149.00 in a research report on Wednesday, April 20th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $147.33.

ExlService Profile (Get Rating)

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. It operates through Insurance, Healthcare, Analytics, and Emerging Business segments. The company provides digital operations and solutions and analytics-driven services across the insurance industry in areas, 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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