Neumeier Poma Investment Counsel LLC Has $46.08 Million Stake in ExlService Holdings, Inc. (NASDAQ:EXLS)

Neumeier Poma Investment Counsel LLC trimmed its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,038,394 shares of the business services provider's stock after selling 15,161 shares during the quarter. ExlService comprises about 4.5% of Neumeier Poma Investment Counsel LLC's holdings, making the stock its largest position. Neumeier Poma Investment Counsel LLC owned 0.65% of ExlService worth $46,084,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. increased its position in shares of ExlService by 1.5% during 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 boosted its stake in shares of 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 purchasing an additional 282 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of ExlService by 17.6% during the 4th quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider's stock valued at $85,000 after purchasing an additional 288 shares during the last quarter. Dakota Wealth Management raised its position in ExlService by 5.0% in the 4th quarter. Dakota Wealth Management now owns 6,497 shares of the business services provider's stock worth $288,000 after purchasing an additional 311 shares during the period. Finally, Quantinno Capital Management LP lifted its stake in ExlService by 2.3% in the third quarter. Quantinno Capital Management LP now owns 15,658 shares of the business services provider's stock worth $597,000 after purchasing an additional 359 shares during the last quarter. 92.92% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

EXLS has been the topic of several analyst reports. Needham & Company LLC lifted their price objective on ExlService from $50.00 to $60.00 and gave the stock a "buy" rating in a report on Thursday, February 27th. Jefferies Financial Group boosted their price objective on ExlService from $47.00 to $57.00 and gave the company a "buy" rating in a research report on Tuesday, January 21st. Stifel Nicolaus lifted their target price on shares of ExlService from $48.00 to $54.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th. Finally, StockNews.com raised shares of ExlService from a "hold" rating to a "buy" rating in a research report on Sunday, February 2nd. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, ExlService presently has an average rating of "Moderate Buy" and an average target price of $47.38.

Insider Activity

In other ExlService news, EVP Ajay Ayyappan sold 1,865 shares of the firm's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $48.32, for a total transaction of $90,116.80. Following the sale, the executive vice president now directly owns 40,986 shares of the company's stock, valued at $1,980,443.52. This trade represents a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Anita Mahon sold 10,558 shares of ExlService stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $45.92, for a total value of $484,823.36. Following the sale, the executive vice president now directly owns 94,443 shares in the company, valued at $4,336,822.56. This trade represents a 10.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 47,351 shares of company stock valued at $2,337,284 in the last ninety days. 4.16% of the stock is currently owned by company insiders.

ExlService Stock Up 0.9 %

Shares of ExlService stock opened at $47.21 on Tuesday. ExlService Holdings, Inc. has a 1 year low of $28.16 and a 1 year high of $52.43. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.02 and a quick ratio of 3.02. The company has a 50-day moving average of $48.74 and a 200 day moving average of $44.91. The firm has a market cap of $7.66 billion, a price-to-earnings ratio of 41.41, a PEG ratio of 2.11 and a beta of 1.10.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly 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 company had revenue of $481.43 million during the quarter, compared to analysts' expectations of $475.68 million. As a group, sell-side analysts anticipate that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

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.