Genpact Limited $G Shares Acquired by Sei Investments Co.

Sei Investments Co. boosted its stake in Genpact Limited (NYSE:G) by 42.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 543,275 shares of the business services provider’s stock after purchasing an additional 162,313 shares during the quarter. Sei Investments Co.’s holdings in Genpact were worth $20,238,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Osbon Capital Management LLC purchased a new position in Genpact during the fourth quarter worth approximately $25,000. V Square Quantitative Management LLC purchased a new stake in shares of Genpact during the 4th quarter valued at $30,000. iSAM Funds UK Ltd acquired a new stake in shares of Genpact during the 3rd quarter worth $29,000. Johnson Financial Group Inc. purchased a new position in shares of Genpact in the 3rd quarter worth $29,000. Finally, Larson Financial Group LLC raised its position in shares of Genpact by 428.4% in the 4th quarter. Larson Financial Group LLC now owns 708 shares of the business services provider’s stock worth $33,000 after buying an additional 574 shares during the period. Institutional investors and hedge funds own 96.03% of the company’s stock.

Genpact Trading Up 5.9%

NYSE:G opened at $36.66 on Thursday. The stock has a market cap of $6.21 billion, a price-to-earnings ratio of 11.24, a price-to-earnings-growth ratio of 0.98 and a beta of 0.61. Genpact Limited has a one year low of $26.85 and a one year high of $48.64. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.69 and a current ratio of 1.69. The business’s 50-day simple moving average is $30.76 and its 200 day simple moving average is $35.70.

Genpact (NYSE:G) last issued its quarterly earnings data on Tuesday, March 31st. The business services provider reported $0.98 earnings per share for the quarter. Genpact had a return on equity of 22.70% and a net margin of 11.04%.The firm had revenue of $1.30 billion during the quarter. As a group, sell-side analysts predict that Genpact Limited will post 3.64 earnings per share for the current fiscal year.

Genpact Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be given a dividend of $0.1875 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.0%. Genpact’s dividend payout ratio (DPR) is presently 23.01%.

Analyst Upgrades and Downgrades

G has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft set a $31.00 target price on Genpact in a report on Friday, July 10th. Weiss Ratings downgraded Genpact from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, June 24th. Citigroup reduced their price objective on Genpact from $43.00 to $35.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. TD Cowen decreased their target price on Genpact from $47.00 to $42.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Finally, Mizuho dropped their target price on shares of Genpact from $49.00 to $39.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $40.25.

Genpact Profile

Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.

Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.

Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.