Vontobel Holding Ltd. Has $483,000 Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

Vontobel Holding Ltd. boosted its stake in ExlService Holdings, Inc. (NASDAQ:EXLS) by 7.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,671 shares of the business services provider’s stock after purchasing an additional 1,111 shares during the quarter. Vontobel Holding Ltd.’s holdings in ExlService were worth $483,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EXLS. FinTrust Capital Advisors LLC acquired a new position in ExlService in the third quarter valued at about $29,000. Public Employees Retirement System of Ohio raised its stake in ExlService by 439.5% in the third quarter. Public Employees Retirement System of Ohio now owns 1,052 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 857 shares in the last quarter. Operose Advisors LLC acquired a new position in ExlService in the third quarter valued at about $38,000. RiverPark Advisors LLC raised its stake in ExlService by 65.2% in the fourth quarter. RiverPark Advisors LLC now owns 1,274 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 503 shares in the last quarter. Finally, Fifth Third Bancorp raised its stake in ExlService by 944.3% in the third quarter. Fifth Third Bancorp now owns 1,556 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 1,407 shares in the last quarter. Institutional investors and hedge funds own 92.92% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on EXLS shares. Citigroup dropped their price target on ExlService from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Monday. TD Cowen lifted their target price on ExlService from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Tuesday, April 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 target price on shares of ExlService in a research report on Friday, March 1st. Finally, StockNews.com cut ExlService from a “buy” rating to a “hold” rating in a research report on Thursday, February 29th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $36.14.

Insider Activity at ExlService

In other ExlService news, EVP Vikas Bhalla sold 23,760 shares of the stock in a transaction that occurred 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 completion of the sale, the executive vice president now owns 127,046 shares of the company’s stock, valued at approximately $4,003,219.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other ExlService news, EVP Vikas Bhalla sold 23,760 shares of the stock in a transaction that occurred 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 completion of the sale, the executive vice president now owns 127,046 shares of the company’s stock, valued at approximately $4,003,219.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ajay Ayyappan sold 9,259 shares of the stock in a transaction that occurred 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 directly owns 50,693 shares of the company’s stock, valued at approximately $1,601,391.87. The disclosure for this sale can be found here. 3.75% of the stock is currently owned by company insiders.

ExlService Stock Performance

NASDAQ:EXLS opened at $29.59 on Tuesday. The stock has a market cap of $4.91 billion, a P/E ratio of 27.05, a price-to-earnings-growth ratio of 1.53 and a beta of 0.97. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.15. The stock’s 50-day moving average is $30.72 and its 200-day moving average is $29.82. ExlService Holdings, Inc. has a 1-year low of $25.17 and a 1-year high of $35.94.

ExlService (NASDAQ:EXLS) last released its quarterly earnings results on Thursday, February 29th. The business services provider reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). The firm had revenue of $414.06 million for the quarter, compared to the consensus estimate of $408.56 million. ExlService had a return on equity of 22.83% and a net margin of 11.32%. Equities research analysts anticipate that ExlService Holdings, Inc. will post 1.3 earnings per share for the current year.

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.