8,963 Shares in ExlService Holdings, Inc. (NASDAQ:EXLS) Bought by Aviva PLC

Aviva PLC purchased a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 8,963 shares of the business services provider's stock, valued at approximately $398,000.

Other large investors also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. lifted its stake in ExlService by 1.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,270 shares of the business services provider's stock valued at $633,000 after purchasing an additional 214 shares during the last quarter. Kensington Investment Counsel LLC raised its stake in ExlService by 0.7% in the 4th quarter. Kensington Investment Counsel LLC now owns 39,207 shares of the business services provider's stock valued at $1,740,000 after acquiring an additional 282 shares during the period. UMB Bank n.a. boosted its position in ExlService by 17.6% during the fourth quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider's stock worth $85,000 after purchasing an additional 288 shares during the period. Dakota Wealth Management increased its holdings in shares of ExlService by 5.0% in the fourth quarter. Dakota Wealth Management now owns 6,497 shares of the business services provider's stock valued at $288,000 after purchasing an additional 311 shares during the last quarter. Finally, Quantinno Capital Management LP raised its position in shares of ExlService by 2.3% in the third quarter. Quantinno Capital Management LP now owns 15,658 shares of the business services provider's stock valued at $597,000 after purchasing an additional 359 shares during the period. Institutional investors and hedge funds own 92.92% of the company's stock.

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ExlService Price Performance

Shares of NASDAQ:EXLS traded up $0.42 during midday trading on Tuesday, hitting $45.89. The stock had a trading volume of 716,882 shares, compared to its average volume of 984,503. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $7.45 billion, a P/E ratio of 40.25, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91. The company's 50-day moving average price is $47.29 and its 200-day moving average price is $45.51. ExlService Holdings, Inc. has a fifty-two week low of $28.59 and a fifty-two week high of $52.43.

ExlService (NASDAQ:EXLS - Get Free Report) last released its earnings results on Tuesday, February 25th. The business services provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.08). ExlService had a return on equity of 23.23% and a net margin of 10.61%. The business had revenue of $481.43 million for the quarter, compared to the consensus estimate of $475.68 million. As a group, equities research analysts predict that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Insider Buying and Selling at ExlService

In other ExlService news, EVP Anita Mahon sold 10,558 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $45.92, for a total value of $484,823.36. Following the completion of the transaction, the executive vice president now directly owns 94,443 shares in the company, valued at approximately $4,336,822.56. This trade represents a 10.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ajay Ayyappan sold 16,186 shares of ExlService stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $51.50, for a total value of $833,579.00. Following the sale, the executive vice president now directly owns 40,986 shares in the company, valued at $2,110,779. The trade was a 28.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 47,351 shares of company stock worth $2,337,284 over the last 90 days. Insiders own 4.16% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on EXLS. StockNews.com downgraded shares of ExlService from a "buy" rating to a "hold" rating in a research report on Monday. Needham & Company LLC upped their price objective on ExlService from $50.00 to $60.00 and gave the company a "buy" rating in a report on Thursday, February 27th. Stifel Nicolaus boosted their target price on shares of ExlService from $48.00 to $54.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. Finally, Jefferies Financial Group raised their price target on shares of ExlService from $47.00 to $57.00 and gave the stock a "buy" rating in a research report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $48.86.

ExlService Company Profile

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.