Free Trial

Coppell Advisory Solutions LLC Purchases 18,278 Shares of Genpact Limited $G

Genpact logo with Computer and Technology background

Key Points

  • Coppell Advisory Solutions LLC significantly increased its holdings in Genpact Limited by 3,056.5% in Q1, owning 18,876 shares valued at approximately $923,000 after acquiring an additional 18,278 shares.
  • Genpact's shares are currently priced at $44.26, having experienced a 1.4% decline, and the stock has a market capitalization of $7.71 billion.
  • The company announced a quarterly dividend of $0.17 per share, with the ex-dividend date set for September 11th, yielding an annualized dividend of 1.5%.
  • MarketBeat previews the top five stocks to own by October 1st.

Coppell Advisory Solutions LLC lifted its position in Genpact Limited (NYSE:G - Free Report) by 3,056.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,876 shares of the business services provider's stock after acquiring an additional 18,278 shares during the period. Coppell Advisory Solutions LLC's holdings in Genpact were worth $923,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Fifth Third Bancorp raised its position in shares of Genpact by 9.5% in the 1st quarter. Fifth Third Bancorp now owns 3,461 shares of the business services provider's stock valued at $174,000 after acquiring an additional 299 shares during the period. Petrus Trust Company LTA increased its stake in Genpact by 2.2% during the 1st quarter. Petrus Trust Company LTA now owns 14,390 shares of the business services provider's stock worth $725,000 after purchasing an additional 305 shares in the last quarter. KBC Group NV increased its stake in Genpact by 4.7% during the 1st quarter. KBC Group NV now owns 7,266 shares of the business services provider's stock worth $366,000 after purchasing an additional 324 shares in the last quarter. Callan Capital LLC increased its stake in Genpact by 2.9% during the 1st quarter. Callan Capital LLC now owns 12,312 shares of the business services provider's stock worth $620,000 after purchasing an additional 351 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in Genpact by 40.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 1,367 shares of the business services provider's stock worth $68,000 after purchasing an additional 396 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

G has been the subject of a number of research reports. Wall Street Zen cut Genpact from a "buy" rating to a "hold" rating in a research note on Friday, September 5th. Mizuho upped their price target on Genpact from $48.00 to $51.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 1st. Deutsche Bank Aktiengesellschaft began coverage on Genpact in a research report on Thursday, July 17th. They set a "hold" rating and a $47.00 price target for the company. JPMorgan Chase & Co. reduced their price target on Genpact from $55.00 to $50.00 and set a "neutral" rating for the company in a research report on Wednesday, August 20th. Finally, Needham & Company LLC upped their price target on Genpact from $50.00 to $53.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $52.29.

View Our Latest Analysis on G

Genpact Stock Down 1.8%

Shares of NYSE G traded down $0.80 during trading hours on Friday, hitting $42.53. The company had a trading volume of 1,532,464 shares, compared to its average volume of 1,686,304. The stock has a market capitalization of $7.41 billion, a P/E ratio of 14.13, a price-to-earnings-growth ratio of 1.46 and a beta of 0.92. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.32. Genpact Limited has a 1-year low of $37.82 and a 1-year high of $56.76. The firm's 50 day moving average is $44.45 and its 200-day moving average is $45.82.

Genpact (NYSE:G - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.03. Genpact had a return on equity of 22.15% and a net margin of 10.92%.The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the firm posted $0.79 EPS. The company's quarterly revenue was up 6.6% on a year-over-year basis. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. On average, analysts expect that Genpact Limited will post 3.21 earnings per share for the current fiscal year.

Genpact Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.68 annualized dividend and a yield of 1.6%. Genpact's dividend payout ratio (DPR) is currently 22.59%.

Genpact Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Genpact (NYSE:G)

Should You Invest $1,000 in Genpact Right Now?

Before you consider Genpact, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Genpact wasn't on the list.

While Genpact currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines