Fiera Capital Corp Has $34.75 Million Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

Fiera Capital Corp lessened its stake in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 782,949 shares of the business services provider's stock after selling 17,814 shares during the quarter. Fiera Capital Corp owned 0.49% of ExlService worth $34,747,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in shares of ExlService during the 4th quarter worth $25,000. Ashton Thomas Securities LLC acquired a new position in shares of ExlService during the 3rd quarter worth $27,000. Huntington National Bank increased its stake in shares of ExlService by 2,827.5% during the 3rd quarter. Huntington National Bank now owns 1,171 shares of the business services provider's stock worth $45,000 after purchasing an additional 1,131 shares during the last quarter. USA Financial Formulas acquired a new position in shares of ExlService during the 4th quarter worth $58,000. Finally, UMB Bank n.a. increased its stake 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 worth $85,000 after purchasing an additional 288 shares during the last quarter. Institutional investors and hedge funds own 92.92% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on EXLS shares. StockNews.com raised shares of ExlService from a "hold" rating to a "buy" rating in a report on Sunday, February 2nd. Jefferies Financial Group upped their price objective on shares of ExlService from $47.00 to $57.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. Robert W. Baird upped their price objective on shares of ExlService from $40.00 to $44.00 and gave the stock a "neutral" rating in a report on Thursday, October 31st. Finally, Needham & Company LLC upped their price objective on shares of ExlService from $40.00 to $50.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $45.00.

ExlService Stock Performance

ExlService stock traded down $0.48 during mid-day trading on Monday, reaching $50.93. The company had a trading volume of 603,875 shares, compared to its average volume of 1,029,143. 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 52 week low of $28.16 and a 52 week high of $52.43. The company has a 50 day moving average of $47.46 and a 200-day moving average of $42.36. The firm has a market cap of $8.19 billion, a price-to-earnings ratio of 44.68, a PEG ratio of 2.17 and a beta of 1.03.

Insider Buying and Selling at ExlService

In other news, EVP Ajay Ayyappan sold 16,186 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $51.50, for a total value of $833,579.00. Following the completion of the transaction, the executive vice president now owns 40,986 shares in the company, valued at approximately $2,110,779. This represents a 28.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jaynie M. Studenmund sold 3,645 shares of the stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $44.05, for a total transaction of $160,562.25. Following the completion of the transaction, the director now owns 14,580 shares of the company's stock, valued at approximately $642,249. This represents a 20.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,584 shares of company stock valued at $1,669,964 in the last ninety days. Company insiders own 4.16% of the company's stock.

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.