Johnson Financial Group Inc. Takes $85,000 Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

Johnson Financial Group Inc. purchased a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the fourth quarter, Holdings Channel.com reports. The fund purchased 1,925 shares of the business services provider’s stock, valued at approximately $85,000.

A number of other institutional investors have also recently made changes to their positions in EXLS. Mather Group LLC. purchased a new stake in ExlService during the 4th quarter worth about $25,000. Kestra Investment Management LLC purchased a new stake in ExlService during the 4th quarter worth about $26,000. USA Financial Formulas purchased a new stake in ExlService during the 4th quarter worth about $58,000. VisionPoint Advisory Group LLC purchased a new stake in ExlService during the 4th quarter worth about $58,000. Finally, UMB Bank n.a. lifted its holdings in ExlService by 17.6% during the 4th quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider’s stock worth $85,000 after purchasing an additional 288 shares in the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Anita Mahon sold 10,558 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $45.92, for a total value of $484,823.36. Following the completion of the sale, the executive vice president now directly owns 94,443 shares in the company, valued at approximately $4,336,822.56. The trade was a 10.06 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Ajay Ayyappan sold 16,186 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $51.50, for a total transaction of $833,579.00. Following the completion of the sale, the executive vice president now owns 40,986 shares of the company’s stock, valued at approximately $2,110,779. The trade was a 28.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 33,598 shares of company stock valued at $1,661,461 in the last quarter. Corporate insiders own 4.16% of the company’s stock.

ExlService Price Performance

EXLS stock opened at $44.46 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.02 and a quick ratio of 3.02. ExlService Holdings, Inc. has a one year low of $28.59 and a one year high of $52.43. The stock has a market cap of $7.22 billion, a PE ratio of 39.00, a P/E/G ratio of 2.11 and a beta of 0.91. The firm has a 50 day simple moving average of $46.07 and a two-hundred day simple moving average of $45.92.

ExlService (NASDAQ:EXLS) last released its quarterly earnings results on Tuesday, February 25th. The business services provider reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.08). ExlService had a return on equity of 23.23% and a net margin of 10.61%. The company had revenue of $481.43 million during the quarter, compared to analysts’ expectations of $475.68 million. On average, analysts predict that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on EXLS. Needham & Company LLC increased their price objective on ExlService from $50.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, February 27th. StockNews.com cut ExlService from a “buy” rating to a “hold” rating in a report on Monday, April 14th. Stifel Nicolaus raised their price target on ExlService from $48.00 to $54.00 and gave the company a “buy” rating in a report on Thursday, February 27th. Finally, Jefferies Financial Group boosted their price objective on ExlService from $47.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $48.86.

ExlService 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.