ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,179,896 shares of the business services provider's stock after selling 32,528 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.98% of ExlService worth $141,124,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in EXLS. Barclays PLC lifted its stake in ExlService by 62.6% in the third quarter. Barclays PLC now owns 446,605 shares of the business services provider's stock worth $17,040,000 after acquiring an additional 171,912 shares during the period. Sanctuary Advisors LLC lifted its position in shares of ExlService by 5.4% during the third quarter. Sanctuary Advisors LLC now owns 10,744 shares of the business services provider's stock valued at $410,000 after buying an additional 547 shares during the last quarter. Tidal Investments LLC purchased a new stake in shares of ExlService during the third quarter valued at about $216,000. Franklin Resources Inc. lifted its position in shares of ExlService by 4.2% during the third quarter. Franklin Resources Inc. now owns 99,057 shares of the business services provider's stock valued at $3,953,000 after buying an additional 4,029 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of ExlService by 24.9% during the fourth quarter. GAMMA Investing LLC now owns 2,911 shares of the business services provider's stock valued at $129,000 after buying an additional 580 shares during the last quarter. 92.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on EXLS. StockNews.com lowered shares of ExlService from a "buy" rating to a "hold" rating in a research report on Monday, April 14th. Stifel Nicolaus increased their price target 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. Needham & Company LLC increased their price target on shares of ExlService from $50.00 to $60.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. Finally, Jefferies Financial Group increased their price target on shares of ExlService from $47.00 to $57.00 and gave the company a "buy" rating in a research report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $48.86.

Insider Activity

In related news, EVP Anita Mahon sold 10,558 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $45.92, for a total transaction 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 $4,336,822.56. The trade was a 10.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Ajay Ayyappan sold 16,186 shares of the business's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $51.50, for a total transaction of $833,579.00. Following the transaction, the executive vice president now owns 40,986 shares of the company's stock, valued at $2,110,779. This represents a 28.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,598 shares of company stock valued at $1,661,461 in the last ninety days. Insiders own 4.16% of the company's stock.

ExlService Stock Up 1.2 %

Shares of EXLS traded up $0.52 during mid-day trading on Tuesday, hitting $44.98. 1,388,515 shares of the company traded hands, compared to its average volume of 1,002,864. ExlService Holdings, Inc. has a 1-year low of $28.59 and a 1-year high of $52.43. 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 $7.30 billion, a PE ratio of 39.46, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91. The business has a 50 day moving average of $46.07 and a 200 day moving average of $45.92.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The business services provider reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.04). ExlService had a net margin of 10.61% and a return on equity of 23.23%. Equities research analysts anticipate that ExlService Holdings, Inc. will post 1.27 EPS for the current year.

About ExlService

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.