Orion Portfolio Solutions LLC Has $960,000 Stock Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

Orion Portfolio Solutions LLC decreased its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 6.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 25,151 shares of the business services provider’s stock after selling 1,615 shares during the period. Orion Portfolio Solutions LLC’s holdings in ExlService were worth $960,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Castleark Management LLC bought a new stake in shares of ExlService during the third quarter worth approximately $6,045,000. Wolverine Trading LLC acquired a new stake in ExlService during the 3rd quarter worth approximately $327,000. State Street Corp boosted its stake in ExlService by 1.0% in the 3rd quarter. State Street Corp now owns 5,837,311 shares of the business services provider’s stock valued at $222,693,000 after purchasing an additional 59,196 shares during the period. Stifel Financial Corp grew its holdings in ExlService by 38.1% in the 3rd quarter. Stifel Financial Corp now owns 81,359 shares of the business services provider’s stock valued at $3,104,000 after buying an additional 22,435 shares in the last quarter. Finally, Quantinno Capital Management LP increased its position in ExlService by 2.3% during the 3rd quarter. Quantinno Capital Management LP now owns 15,658 shares of the business services provider’s stock worth $597,000 after buying an additional 359 shares during the period. Institutional investors and hedge funds own 92.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Citigroup upped their price target on shares of ExlService from $38.00 to $46.00 and gave the company a “buy” rating in a research note on Monday, October 14th. StockNews.com raised shares of ExlService from a “hold” rating to a “buy” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. lifted their price target on shares of ExlService from $38.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, September 6th. Needham & Company LLC raised their price objective on ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Finally, Jefferies Financial Group raised ExlService from a “hold” rating to a “buy” rating and lifted their price objective for the company from $35.00 to $42.00 in a report on Monday, September 9th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, ExlService currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.86.

ExlService Trading Down 0.7 %

Shares of EXLS stock opened at $45.93 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.02 and a current ratio of 3.02. ExlService Holdings, Inc. has a fifty-two week low of $28.16 and a fifty-two week high of $47.37. The company has a market cap of $7.39 billion, a PE ratio of 40.29, a P/E/G ratio of 2.26 and a beta of 1.01. The stock’s fifty day moving average price is $43.33 and its two-hundred day moving average price is $37.16.

ExlService (NASDAQ:EXLS) last released its earnings results on Tuesday, October 29th. The business services provider reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The firm had revenue of $472.07 million for the quarter, compared to analysts’ expectations of $460.73 million. ExlService had a return on equity of 23.23% and a net margin of 10.61%. The business’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.30 earnings per share. Equities analysts predict that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Insider Activity at ExlService

In other ExlService news, CEO Rohit Kapoor sold 100,000 shares of the stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $42.07, for a total value of $4,207,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,190,240 shares in the company, valued at approximately $50,073,396.80. This trade represents a 7.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Vikas Bhalla sold 22,813 shares of the business’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $41.86, for a total value of $954,952.18. Following the sale, the insider now owns 102,825 shares in the company, valued at approximately $4,304,254.50. This trade represents a 18.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 426,458 shares of company stock valued at $18,720,514 in the last quarter. Insiders own 4.16% of the company’s stock.

About ExlService

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.