Genpact Limited (NYSE:G) is Tandem Investment Advisors Inc.'s 6th Largest Position

Tandem Investment Advisors Inc. boosted its position in shares of Genpact Limited (NYSE:G - Free Report) by 6.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,270,143 shares of the business services provider's stock after acquiring an additional 140,228 shares during the quarter. Genpact accounts for approximately 4.0% of Tandem Investment Advisors Inc.'s investment portfolio, making the stock its 6th biggest position. Tandem Investment Advisors Inc. owned 1.29% of Genpact worth $114,370,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of G. Coppell Advisory Solutions LLC grew its position in shares of Genpact by 529.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 598 shares of the business services provider's stock worth $25,000 after buying an additional 503 shares in the last quarter. Atlas Capital Advisors Inc. grew its position in shares of Genpact by 55.8% during the fourth quarter. Atlas Capital Advisors Inc. now owns 603 shares of the business services provider's stock worth $26,000 after buying an additional 216 shares in the last quarter. GeoWealth Management LLC grew its position in shares of Genpact by 199.0% during the fourth quarter. GeoWealth Management LLC now owns 876 shares of the business services provider's stock worth $38,000 after buying an additional 583 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of Genpact by 416.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 971 shares of the business services provider's stock worth $41,000 after buying an additional 783 shares in the last quarter. Finally, Global X Japan Co. Ltd. acquired a new position in shares of Genpact during the first quarter worth about $57,000. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Nicholas C. Gangestad bought 2,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average price of $43.97 per share, with a total value of $87,940.00. Following the completion of the acquisition, the director owned 2,000 shares in the company, valued at approximately $87,940. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.07% of the company's stock.

Genpact Stock Performance

NYSE G traded up $0.93 on Friday, reaching $45.92. The stock had a trading volume of 1,088,830 shares, compared to its average volume of 1,409,984. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.45 and a current ratio of 2.45. Genpact Limited has a 12-month low of $30.38 and a 12-month high of $56.76. The business's 50-day moving average price is $44.31 and its 200 day moving average price is $46.96. The stock has a market cap of $8.03 billion, a P/E ratio of 15.67, a price-to-earnings-growth ratio of 2.00 and a beta of 0.94.

Genpact (NYSE:G - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The business services provider reported $0.84 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.04. Genpact had a return on equity of 22.35% and a net margin of 10.88%. The company had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $1.21 billion. During the same quarter in the previous year, the business earned $0.73 earnings per share. The firm's revenue for the quarter was up 7.4% on a year-over-year basis. As a group, equities analysts expect that Genpact Limited will post 3.21 earnings per share for the current year.

Genpact Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend was Wednesday, June 18th. Genpact's dividend payout ratio is currently 23.21%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on G shares. Robert W. Baird decreased their target price on Genpact from $56.00 to $50.00 and set a "neutral" rating for the company in a research note on Thursday, May 8th. Needham & Company LLC restated a "buy" rating and set a $50.00 target price on shares of Genpact in a research note on Monday, June 30th. Wall Street Zen upgraded Genpact from a "buy" rating to a "strong-buy" rating in a research note on Friday, June 6th. Finally, Mizuho boosted their target price on Genpact from $48.00 to $51.00 and gave the stock a "neutral" rating in a research note on Tuesday. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $50.14.

Genpact 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.