Mutual of America Capital Management LLC Has $9.15 Million Stake in ExlService Holdings, Inc. (NASDAQ:EXLS)

Mutual of America Capital Management LLC raised its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 3.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 206,169 shares of the business services provider's stock after purchasing an additional 6,370 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.13% of ExlService worth $9,150,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of EXLS. Chartwell Investment Partners LLC lifted its holdings in ExlService by 0.8% in the third quarter. Chartwell Investment Partners LLC now owns 31,353 shares of the business services provider's stock valued at $1,196,000 after acquiring an additional 254 shares during the period. UMB Bank n.a. raised its position in shares of ExlService by 17.6% during the fourth quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider's stock valued at $85,000 after buying an additional 288 shares during the last quarter. Dakota Wealth Management grew its stake in ExlService by 5.0% during the fourth quarter. Dakota Wealth Management now owns 6,497 shares of the business services provider's stock valued at $288,000 after acquiring an additional 311 shares in the last quarter. Quantinno Capital Management LP grew its position in shares of ExlService by 2.3% during 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 in the last quarter. Finally, Pathstone Holdings LLC boosted its stake in ExlService by 0.8% during the third quarter. Pathstone Holdings LLC now owns 49,950 shares of the business services provider's stock valued at $1,906,000 after buying an additional 405 shares during the last quarter. 92.92% of the stock is owned by institutional investors.

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ExlService Stock Up 1.1 %

ExlService stock traded up $0.51 during midday trading on Wednesday, reaching $47.46. The company's stock had a trading volume of 1,096,808 shares, compared to its average volume of 1,114,945. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37. ExlService Holdings, Inc. has a fifty-two week low of $28.16 and a fifty-two week high of $52.43. The business has a 50-day simple moving average of $48.23 and a 200-day simple moving average of $43.48. The company has a market cap of $7.70 billion, a P/E ratio of 41.63, a P/E/G ratio of 2.11 and a beta of 1.03.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The business services provider reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.08). ExlService had a net margin of 10.61% and a return on equity of 23.23%. The business had revenue of $481.43 million during the quarter, compared to analyst estimates of $475.68 million. On average, research analysts expect that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on EXLS shares. Stifel Nicolaus boosted their target price on ExlService from $48.00 to $54.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. StockNews.com upgraded ExlService from a "hold" rating to a "buy" rating in a report on Sunday, February 2nd. Needham & Company LLC lifted their price objective on shares of ExlService from $50.00 to $60.00 and gave the company a "buy" rating in a report on Thursday, February 27th. Finally, Jefferies Financial Group upped their price target on ExlService from $47.00 to $57.00 and gave the stock a "buy" rating in a research report on Tuesday, January 21st. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $47.38.

Insider Activity at ExlService

In related news, CFO Maurizio Nicolelli sold 13,753 shares of ExlService stock in a transaction on Monday, January 27th. The shares were sold at an average price of $49.14, for a total transaction of $675,822.42. Following the transaction, the chief financial officer now owns 194,440 shares in the company, valued at approximately $9,554,781.60. The trade was a 6.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Ajay Ayyappan sold 1,865 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $48.32, for a total value of $90,116.80. Following the transaction, the executive vice president now directly owns 40,986 shares in the company, valued at $1,980,443.52. This trade represents a 4.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 36,793 shares of company stock valued at $1,852,461. Insiders own 4.16% of the company's stock.

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.