ExlService Holdings, Inc. (NASDAQ:EXLS) Holdings Decreased by Boston Trust Walden Corp

Boston Trust Walden Corp decreased its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 9.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 3,036,316 shares of the business services provider's stock after selling 309,490 shares during the period. ExlService makes up about 0.9% of Boston Trust Walden Corp's investment portfolio, making the stock its 19th largest position. Boston Trust Walden Corp owned 1.89% of ExlService worth $134,752,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of EXLS. State Street Corp grew its position in ExlService by 1.0% in the third quarter. State Street Corp now owns 5,837,311 shares of the business services provider's stock valued at $222,693,000 after acquiring an additional 59,196 shares in the last quarter. Geneva Capital Management LLC grew its position in ExlService by 1.9% in the third quarter. Geneva Capital Management LLC now owns 4,694,414 shares of the business services provider's stock valued at $179,092,000 after acquiring an additional 87,592 shares in the last quarter. Geode Capital Management LLC grew its position in ExlService by 3.6% in the third quarter. Geode Capital Management LLC now owns 4,326,511 shares of the business services provider's stock valued at $165,083,000 after acquiring an additional 149,856 shares in the last quarter. Thrivent Financial for Lutherans grew its position in ExlService by 0.8% in the third quarter. Thrivent Financial for Lutherans now owns 2,747,332 shares of the business services provider's stock valued at $104,810,000 after acquiring an additional 21,358 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in ExlService by 0.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,161,153 shares of the business services provider's stock valued at $82,448,000 after acquiring an additional 9,775 shares in the last quarter. Hedge funds and other institutional investors own 92.92% of the company's stock.

Insiders Place Their Bets

In other ExlService news, Director Jaynie M. Studenmund sold 3,645 shares of the firm's stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $44.05, for a total value of $160,562.25. Following the sale, the director now directly owns 14,580 shares in the company, valued at approximately $642,249. This trade represents a 20.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Maurizio Nicolelli sold 13,753 shares of the firm's stock in a transaction on Monday, January 27th. The shares were sold at an average price of $49.14, for a total value of $675,822.42. Following the completion of the sale, the chief financial officer now owns 194,440 shares in the company, valued at $9,554,781.60. The trade was a 6.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 217,398 shares of company stock valued at $10,089,385 over the last 90 days. 4.16% of the stock is owned by company insiders.

ExlService Stock Performance

ExlService stock traded up $0.08 during mid-day trading on Thursday, reaching $51.80. The company's stock had a trading volume of 888,145 shares, compared to its average volume of 973,902. The firm has a market cap of $8.33 billion, a price-to-earnings ratio of 45.44, a PEG ratio of 2.10 and a beta of 1.03. The business has a 50 day moving average price of $46.78 and a 200-day moving average price of $41.43. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.37. ExlService Holdings, Inc. has a twelve month low of $28.16 and a twelve month high of $52.30.

Wall Street Analyst Weigh In

EXLS has been the subject of several recent research reports. Robert W. Baird increased their price objective on shares of ExlService from $40.00 to $44.00 and gave the company a "neutral" rating in a research report on Thursday, October 31st. Citigroup increased their price objective on shares of ExlService from $38.00 to $46.00 and gave the company a "buy" rating in a research report on Monday, October 14th. Needham & Company LLC increased their price objective on shares of ExlService from $40.00 to $50.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. StockNews.com raised shares of ExlService from a "hold" rating to a "buy" rating in a research report on Sunday. 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. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $45.00.

ExlService 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.