ExlService Holdings, Inc. $EXLS Shares Purchased by Deutsche Bank AG

Key Points

• Deutsche Bank AG increased its stake in ExlService Holdings, Inc. by 17.4%, owning approximately $9.70 million or 0.13% of the company at the end of the last quarter.
• Investment from institutional investors is robust, with 92.92% of ExlService's stock held by them, indicating strong confidence in the company.
• Analyst ratings are mostly positive, with a consensus rating of "Moderate Buy" and price targets ranging from $51.50 to $55.00, reflecting expectations for growth.

Deutsche Bank AG increased its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 17.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 205,432 shares of the business services provider's stock after purchasing an additional 30,382 shares during the quarter. Deutsche Bank AG owned approximately 0.13% of ExlService worth $9,698,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Ontario Teachers Pension Plan Board increased its position in ExlService by 3.6% during the first quarter. Ontario Teachers Pension Plan Board now owns 40,620 shares of the business services provider's stock worth $1,918,000 after buying an additional 1,429 shares during the period. Intrust Bank NA increased its position in ExlService by 33.4% during the first quarter. Intrust Bank NA now owns 6,651 shares of the business services provider's stock worth $314,000 after buying an additional 1,664 shares during the period. Geneva Capital Management LLC increased its position in ExlService by 0.4% during the first quarter. Geneva Capital Management LLC now owns 4,655,565 shares of the business services provider's stock worth $219,789,000 after buying an additional 18,647 shares during the period. Strategic Investment Solutions Inc. IL acquired a new position in ExlService during the first quarter worth approximately $77,000. Finally, Natixis Advisors LLC increased its position in ExlService by 29.4% during the first quarter. Natixis Advisors LLC now owns 69,562 shares of the business services provider's stock worth $3,284,000 after buying an additional 15,804 shares during the period. Institutional investors and hedge funds own 92.92% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Needham & Company LLC reaffirmed a "buy" rating and set a $55.00 price target on shares of ExlService in a research report on Tuesday, June 3rd. JPMorgan Chase & Co. cut their price target on ExlService from $56.00 to $52.00 and set an "overweight" rating on the stock in a research report on Wednesday. Finally, Wall Street Zen raised ExlService from a "hold" rating to a "buy" rating in a research report on Friday, May 9th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, ExlService presently has a consensus rating of "Moderate Buy" and an average target price of $51.33.

ExlService Stock Performance

Shares of NASDAQ:EXLS traded up $0.09 during trading on Wednesday, reaching $43.29. The company had a trading volume of 1,243,863 shares, compared to its average volume of 1,736,260. The firm has a market capitalization of $6.99 billion, a price-to-earnings ratio of 30.06, a price-to-earnings-growth ratio of 1.91 and a beta of 0.81. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.15 and a quick ratio of 3.15. The stock's fifty day moving average price is $43.70 and its 200 day moving average price is $45.80. ExlService Holdings, Inc. has a fifty-two week low of $35.16 and a fifty-two week high of $52.43.

ExlService (NASDAQ:EXLS - Get Free Report) last released its earnings results on Tuesday, July 29th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.04. ExlService had a return on equity of 25.38% and a net margin of 12.00%.The business had revenue of $514.46 million for the quarter, compared to analyst estimates of $504.87 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company's revenue for the quarter was up 14.7% compared to the same quarter last year. ExlService has set its FY 2025 guidance at 1.860-1.900 EPS. As a group, equities research analysts predict that ExlService Holdings, Inc. will post 1.27 EPS for the current year.

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.