GHP Investment Advisors Inc. Purchases 79,606 Shares of ExlService Holdings, Inc. (NASDAQ:EXLS)

GHP Investment Advisors Inc. raised its position in ExlService Holdings, Inc. (NASDAQ:EXLS) by 1,301.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 85,723 shares of the business services provider’s stock after acquiring an additional 79,606 shares during the quarter. GHP Investment Advisors Inc.’s holdings in ExlService were worth $2,645,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. FinTrust Capital Advisors LLC bought a new stake in shares of ExlService during the 3rd quarter valued at $29,000. Public Employees Retirement System of Ohio grew its holdings in ExlService by 439.5% during the third quarter. Public Employees Retirement System of Ohio now owns 1,052 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 857 shares during the period. Operose Advisors LLC purchased a new stake in ExlService in the third quarter worth about $38,000. RiverPark Advisors LLC lifted its position in shares of ExlService by 65.2% during the 4th quarter. RiverPark Advisors LLC now owns 1,274 shares of the business services provider’s stock valued at $39,000 after buying an additional 503 shares in the last quarter. Finally, Fifth Third Bancorp grew its stake in shares of ExlService by 944.3% during the 3rd quarter. Fifth Third Bancorp now owns 1,556 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 1,407 shares during the period. 92.92% of the stock is owned by hedge funds and other institutional investors.

ExlService Trading Up 2.5 %

NASDAQ EXLS opened at $30.42 on Friday. ExlService Holdings, Inc. has a one year low of $25.17 and a one year high of $35.94. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.08 and a current ratio of 2.08. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of 27.81, a price-to-earnings-growth ratio of 1.55 and a beta of 0.97. The company’s 50-day simple moving average is $30.89 and its two-hundred day simple moving average is $29.73.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Thursday, February 29th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.01). The business had revenue of $414.06 million for the quarter, compared to analysts’ expectations of $408.56 million. ExlService had a net margin of 11.32% and a return on equity of 22.83%. Equities analysts forecast that ExlService Holdings, Inc. will post 1.3 EPS for the current fiscal year.

Insider Transactions at ExlService

In related news, EVP Ajay Ayyappan sold 9,259 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $31.59, for a total transaction of $292,491.81. Following the sale, the executive vice president now owns 50,693 shares of the company’s stock, valued at $1,601,391.87. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, EVP Vikas Bhalla sold 23,760 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $31.51, for a total transaction of $748,677.60. Following the completion of the transaction, the executive vice president now owns 127,046 shares in the company, valued at approximately $4,003,219.46. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Ajay Ayyappan sold 9,259 shares of the stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $31.59, for a total value of $292,491.81. Following the sale, the executive vice president now owns 50,693 shares of the company’s stock, valued at approximately $1,601,391.87. The disclosure for this sale can be found here. Corporate insiders own 3.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on EXLS shares. Citigroup raised ExlService from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $29.00 to $36.00 in a report on Wednesday, January 17th. StockNews.com downgraded ExlService from a “buy” rating to a “hold” rating in a research note on Thursday, February 29th. TD Cowen increased their target price on ExlService from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, April 2nd. Needham & Company LLC reissued a “buy” rating and issued a $40.00 target price on shares of ExlService in a report on Friday, March 1st. Finally, Wedbush reaffirmed a “neutral” rating and set a $34.00 price target on shares of ExlService in a research note on Thursday, December 14th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, ExlService has an average rating of “Moderate Buy” and a consensus price target of $36.00.

About ExlService

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.