Genpact Limited (NYSE:G) Receives Consensus Recommendation of "Hold" from Analysts

Genpact Limited (NYSE:G - Get Free Report) has earned a consensus rating of "Hold" from the nine analysts that are covering the company, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $42.33.

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Genpact from $35.00 to $43.00 and gave the stock a "neutral" rating in a report on Friday, September 6th. TD Cowen raised their target price on shares of Genpact from $40.00 to $45.00 and gave the company a "hold" rating in a research note on Friday, November 8th. Needham & Company LLC boosted their price objective on Genpact from $42.00 to $55.00 and gave the stock a "buy" rating in a research note on Monday, November 11th. Robert W. Baird increased their target price on shares of Genpact from $44.00 to $48.00 and gave the company a "neutral" rating in a research note on Friday, November 8th. Finally, Jefferies Financial Group increased their price target on Genpact from $35.00 to $40.00 and gave the company a "hold" rating in a research report on Monday, September 9th.

Genpact Trading Down 0.1 %

NYSE:G traded down $0.06 on Friday, reaching $44.67. The stock had a trading volume of 913,785 shares, compared to its average volume of 1,348,975. The company has a market cap of $7.88 billion, a price-to-earnings ratio of 12.27, a P/E/G ratio of 1.56 and a beta of 1.18. Genpact has a 12-month low of $30.23 and a 12-month high of $47.98. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.85 and a quick ratio of 1.85. The firm's fifty day moving average is $42.38 and its two-hundred day moving average is $37.75.

Genpact Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 9th will be paid a dividend of $0.1525 per share. The ex-dividend date is Monday, December 9th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.37%. Genpact's dividend payout ratio (DPR) is currently 16.76%.

Insiders Place Their Bets

In other news, CEO Balkrishan Kalra sold 9,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $46.40, for a total value of $417,600.00. Following the completion of the transaction, the chief executive officer now directly owns 267,404 shares in the company, valued at approximately $12,407,545.60. This represents a 3.26 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.80% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. DGS Capital Management LLC raised its stake in shares of Genpact by 69.7% in the third quarter. DGS Capital Management LLC now owns 45,800 shares of the business services provider's stock worth $1,796,000 after purchasing an additional 18,811 shares during the last quarter. Oddo BHF Asset Management Sas purchased a new stake in Genpact in the 3rd quarter valued at $1,323,000. Franklin Resources Inc. lifted its stake in Genpact by 6.5% during the 3rd quarter. Franklin Resources Inc. now owns 4,148,185 shares of the business services provider's stock valued at $162,318,000 after acquiring an additional 252,674 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in Genpact by 52.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 16,573 shares of the business services provider's stock worth $650,000 after acquiring an additional 5,734 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Genpact by 12.6% in the 3rd quarter. Geode Capital Management LLC now owns 3,691,406 shares of the business services provider's stock worth $148,142,000 after acquiring an additional 413,646 shares in the last quarter. 96.03% of the stock is owned by institutional investors.

Genpact Company Profile

Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims.