ExlService Holdings, Inc. (NASDAQ:EXLS) Position Lifted by Boston Trust Walden Corp

Boston Trust Walden Corp raised its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 19.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,725,199 shares of the business services provider's stock after acquiring an additional 606,215 shares during the quarter. ExlService makes up 0.9% of Boston Trust Walden Corp's portfolio, making the stock its 27th biggest position. Boston Trust Walden Corp owned 2.26% of ExlService worth $114,922,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Advisor Partners II LLC lifted its position in shares of ExlService by 3.3% in the 4th quarter. Advisor Partners II LLC now owns 1,952 shares of the business services provider's stock worth $331,000 after buying an additional 63 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of ExlService by 5.5% in the 2nd quarter. Captrust Financial Advisors now owns 2,395 shares of the business services provider's stock worth $353,000 after buying an additional 125 shares during the last quarter. Boothbay Fund Management LLC lifted its position in shares of ExlService by 16.0% in the 1st quarter. Boothbay Fund Management LLC now owns 1,371 shares of the business services provider's stock worth $222,000 after buying an additional 189 shares during the last quarter. Ensign Peak Advisors Inc lifted its position in shares of ExlService by 2.0% in the 1st quarter. Ensign Peak Advisors Inc now owns 10,072 shares of the business services provider's stock worth $1,630,000 after buying an additional 200 shares during the last quarter. Finally, Creative Planning lifted its position in shares of ExlService by 13.5% in the 2nd quarter. Creative Planning now owns 1,720 shares of the business services provider's stock worth $253,000 after buying an additional 205 shares during the last quarter. 92.92% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Vikas Bhalla sold 23,760 shares of the business's stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $31.51, for a total transaction of $748,677.60. Following the transaction, the executive vice president now owns 127,046 shares of the company's stock, valued at $4,003,219.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other ExlService news, EVP Ajay Ayyappan sold 9,259 shares of ExlService stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $31.59, for a total transaction of $292,491.81. Following the sale, the executive vice president now owns 50,693 shares in the company, valued at $1,601,391.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Vikas Bhalla sold 23,760 shares of ExlService stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $31.51, for a total transaction of $748,677.60. Following the sale, the executive vice president now owns 127,046 shares in the company, valued at approximately $4,003,219.46. The disclosure for this sale can be found here. 3.75% of the stock is currently owned by insiders.

ExlService Price Performance

Shares of EXLS traded down $0.45 during mid-day trading on Thursday, hitting $30.59. The company's stock had a trading volume of 1,102,854 shares, compared to its average volume of 896,744. The firm has a 50-day moving average price of $31.09 and a 200 day moving average price of $29.68. The stock has a market capitalization of $5.07 billion, a price-to-earnings ratio of 27.96, a PEG ratio of 1.61 and a beta of 0.97. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.08 and a quick ratio of 2.08. ExlService Holdings, Inc. has a fifty-two week low of $25.17 and a fifty-two week high of $35.94.

ExlService (NASDAQ:EXLS - Get Free Report) last announced its quarterly earnings data on Thursday, February 29th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.01). The business had revenue of $414.06 million during the quarter, compared to analyst estimates of $408.56 million. ExlService had a return on equity of 22.83% and a net margin of 11.32%. On average, research analysts predict that ExlService Holdings, Inc. will post 1.3 EPS for the current fiscal year.

Analysts Set New Price Targets

EXLS has been the topic of a number of analyst reports. StockNews.com cut shares of ExlService from a "buy" rating to a "hold" rating in a report on Thursday, February 29th. Needham & Company LLC reaffirmed a "buy" rating and issued a $40.00 price objective on shares of ExlService in a report on Friday, March 1st. Wedbush reaffirmed a "neutral" rating and issued a $34.00 price objective on shares of ExlService in a report on Thursday, December 14th. Citigroup raised shares of ExlService from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $29.00 to $36.00 in a report on Wednesday, January 17th. Finally, TD Cowen raised their target price on shares of ExlService from $36.00 to $37.00 and gave the company an "outperform" rating in a research note on Tuesday. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $36.00.

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.

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