ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Purchased by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P boosted its position in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 27.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 572,514 shares of the business services provider's stock after purchasing an additional 121,693 shares during the period. Loomis Sayles & Co. L P owned about 0.36% of ExlService worth $25,408,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in ExlService by 389.9% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 14,953 shares of the business services provider's stock worth $669,000 after buying an additional 11,901 shares in the last quarter. UNIVEST FINANCIAL Corp boosted its stake in shares of ExlService by 19.5% during the 4th quarter. UNIVEST FINANCIAL Corp now owns 87,779 shares of the business services provider's stock worth $3,896,000 after purchasing an additional 14,332 shares during the period. Summitry LLC increased its stake in ExlService by 26.6% in the fourth quarter. Summitry LLC now owns 9,194 shares of the business services provider's stock worth $408,000 after purchasing an additional 1,929 shares during the period. Pier Capital LLC raised its stake in shares of ExlService by 2.1% during the fourth quarter. Pier Capital LLC now owns 228,856 shares of the business services provider's stock valued at $10,157,000 after acquiring an additional 4,732 shares in the last quarter. Finally, Zions Bancorporation N.A. lifted its holdings in shares of ExlService by 18.3% in the 4th quarter. Zions Bancorporation N.A. now owns 70,959 shares of the business services provider's stock worth $3,149,000 after buying an additional 10,996 shares during the period. 92.92% of the stock is currently owned by institutional investors.

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ExlService Trading Up 0.6 %

NASDAQ:EXLS traded up $0.29 on Tuesday, reaching $47.50. The company's stock had a trading volume of 226,424 shares, compared to its average volume of 982,064. The firm has a market cap of $7.71 billion, a price-to-earnings ratio of 41.50, a price-to-earnings-growth ratio of 2.11 and a beta of 1.10. 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 12-month low of $28.16 and a 12-month high of $52.43. The stock has a 50 day moving average price of $48.74 and a 200 day moving average price of $44.91.

ExlService (NASDAQ:EXLS - Get Free Report) last announced its 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 for the quarter, compared to analysts' expectations of $475.68 million. On average, equities analysts anticipate that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on EXLS shares. Needham & Company LLC upped their target price 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 increased 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. StockNews.com raised shares of ExlService from a "hold" rating to a "buy" rating in a research note on Sunday, February 2nd. Finally, Stifel Nicolaus lifted their target price 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. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $47.38.

Insider Buying and Selling at ExlService

In related news, EVP Anita Mahon sold 10,558 shares of the company's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $45.92, for a total value of $484,823.36. Following the completion of the sale, the executive vice president now directly owns 94,443 shares of the company's stock, valued at $4,336,822.56. This represents a 10.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Maurizio Nicolelli sold 13,753 shares of the firm's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $49.14, for a total value of $675,822.42. Following the transaction, the chief financial officer now owns 194,440 shares in the company, valued at $9,554,781.60. This represents a 6.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 47,351 shares of company stock valued at $2,337,284 in the last 90 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.