Genpact Limited (NYSE:G) Stock Position Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its holdings in Genpact Limited (NYSE:G - Free Report) by 5.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,848,449 shares of the business services provider's stock after purchasing an additional 208,759 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.18% of Genpact worth $165,288,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in G. SRH Advisors LLC acquired a new stake in Genpact during the 4th quarter worth approximately $26,000. Atlas Capital Advisors Inc. increased its position in shares of Genpact by 55.8% in the fourth quarter. Atlas Capital Advisors Inc. now owns 603 shares of the business services provider's stock worth $26,000 after acquiring an additional 216 shares in the last quarter. GeoWealth Management LLC raised its stake in shares of Genpact by 199.0% in the 4th quarter. GeoWealth Management LLC now owns 876 shares of the business services provider's stock valued at $38,000 after acquiring an additional 583 shares during the period. Manchester Capital Management LLC purchased a new position in shares of Genpact in the 4th quarter valued at $38,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Genpact by 416.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 971 shares of the business services provider's stock valued at $41,000 after acquiring an additional 783 shares in the last quarter. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

Genpact Stock Up 0.6 %

NYSE:G traded up $0.27 during mid-day trading on Tuesday, reaching $48.53. The stock had a trading volume of 276,582 shares, compared to its average volume of 1,328,776. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.16 and a quick ratio of 1.85. The company has a market capitalization of $8.53 billion, a price-to-earnings ratio of 17.08, a price-to-earnings-growth ratio of 1.84 and a beta of 1.06. Genpact Limited has a 1-year low of $30.38 and a 1-year high of $56.76. The stock's 50 day simple moving average is $49.76 and its two-hundred day simple moving average is $46.42.

Genpact (NYSE:G - Get Free Report) last issued its earnings results on Thursday, February 6th. The business services provider reported $0.82 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.04). Genpact had a return on equity of 22.50% and a net margin of 10.77%. Equities analysts anticipate that Genpact Limited will post 3.21 EPS for the current year.

Genpact Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Tuesday, March 11th were given a $0.17 dividend. This is an increase from Genpact's previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend was Tuesday, March 11th. Genpact's dividend payout ratio (DPR) is presently 23.94%.

Insider Activity

In other Genpact news, CEO Balkrishan Kalra sold 13,600 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $48.89, for a total value of $664,904.00. Following the sale, the chief executive officer now directly owns 310,246 shares of the company's stock, valued at $15,167,926.94. This trade represents a 4.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.80% of the company's stock.

Analyst Ratings Changes

G has been the subject of several recent research reports. Jefferies Financial Group raised shares of Genpact from a "hold" rating to a "buy" rating and increased their price objective for the company from $44.00 to $55.00 in a research report on Tuesday, January 21st. Mizuho lifted their price target on shares of Genpact from $45.00 to $55.00 and gave the stock a "neutral" rating in a research note on Monday, February 10th. Needham & Company LLC upped their price objective on shares of Genpact from $55.00 to $65.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Finally, TD Cowen raised Genpact from a "hold" rating to a "buy" rating and lifted their target price for the stock from $45.00 to $60.00 in a research report on Friday, February 7th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Genpact currently has an average rating of "Hold" and a consensus price target of $50.38.

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.