Universal Beteiligungs und Servicegesellschaft mbH Acquires 34,039 Shares of Genpact Limited $G

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in Genpact Limited (NYSE:G - Free Report) by 30.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 145,336 shares of the business services provider's stock after acquiring an additional 34,039 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.08% of Genpact worth $6,810,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Principal Financial Group Inc. lifted its position in Genpact by 36.3% during the third quarter. Principal Financial Group Inc. now owns 497,105 shares of the business services provider's stock worth $20,824,000 after purchasing an additional 132,310 shares during the period. JPMorgan Chase & Co. lifted its position in Genpact by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 3,762,407 shares of the business services provider's stock worth $157,609,000 after purchasing an additional 549,117 shares during the period. Envestnet Asset Management Inc. lifted its position in Genpact by 64.3% during the third quarter. Envestnet Asset Management Inc. now owns 533,566 shares of the business services provider's stock worth $22,351,000 after purchasing an additional 208,762 shares during the period. ProShare Advisors LLC lifted its position in Genpact by 27.5% during the third quarter. ProShare Advisors LLC now owns 153,260 shares of the business services provider's stock worth $6,420,000 after purchasing an additional 33,056 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in Genpact by 8.7% during the third quarter. Dimensional Fund Advisors LP now owns 3,978,210 shares of the business services provider's stock worth $166,651,000 after purchasing an additional 319,861 shares during the period. Institutional investors own 96.03% of the company's stock.

Analyst Ratings Changes

G has been the subject of several recent analyst reports. Needham & Company LLC cut their price objective on shares of Genpact from $53.00 to $50.00 and set a "buy" rating for the company in a research report on Friday, February 6th. Citigroup raised shares of Genpact from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 13th. Wall Street Zen downgraded Genpact from a "buy" rating to a "hold" rating in a research note on Saturday, March 14th. Susquehanna set a $42.00 target price on Genpact in a research note on Friday, February 6th. Finally, Mizuho lowered their target price on Genpact from $51.00 to $49.00 and set a "neutral" rating for the company in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $47.29.

Genpact Stock Performance

Genpact stock opened at $33.86 on Tuesday. The business has a 50 day moving average of $37.78 and a 200-day moving average of $41.57. Genpact Limited has a 1 year low of $33.67 and a 1 year high of $50.41. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.66 and a quick ratio of 1.66. The company has a market capitalization of $5.75 billion, a P/E ratio of 10.82, a P/E/G ratio of 1.01 and a beta of 0.74.

Genpact (NYSE:G - Get Free Report) last released its quarterly earnings data on Friday, February 6th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. Genpact had a return on equity of 22.02% and a net margin of 10.88%.The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The firm's revenue was up 5.6% compared to the same quarter last year. On average, equities research analysts predict that Genpact Limited will post 3.6 earnings per share for the current year.

Genpact Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Wednesday, June 10th will be paid a $0.1875 dividend. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $0.75 annualized dividend and a dividend yield of 2.2%. Genpact's dividend payout ratio is currently 23.96%.

Insider Activity

In other news, CEO Balkrishan Kalra sold 2,800 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $40.77, for a total value of $114,156.00. Following the completion of the transaction, the chief executive officer owned 525,007 shares of the company's stock, valued at $21,404,535.39. This represents a 0.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.58% of the stock is owned by corporate insiders.

Genpact Company 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.

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