Leeward Investments LLC MA Has $11.13 Million Stock Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

Leeward Investments LLC MA cut its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 0.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 360,620 shares of the business services provider’s stock after selling 2,838 shares during the period. Leeward Investments LLC MA owned about 0.22% of ExlService worth $11,125,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in EXLS. FinTrust Capital Advisors LLC acquired a new position in shares of ExlService in the 3rd quarter worth approximately $29,000. Public Employees Retirement System of Ohio lifted its position in shares of ExlService by 439.5% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,052 shares of the business services provider’s stock worth $29,000 after purchasing an additional 857 shares during the period. Operose Advisors LLC acquired a new position in shares of ExlService in the 3rd quarter worth approximately $38,000. RiverPark Advisors LLC lifted its position in shares of ExlService by 65.2% in the 4th quarter. RiverPark Advisors LLC now owns 1,274 shares of the business services provider’s stock worth $39,000 after purchasing an additional 503 shares during the period. Finally, GAMMA Investing LLC acquired a new position in shares of ExlService in the 4th quarter worth approximately $43,000. 92.92% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. StockNews.com downgraded shares of ExlService from a “buy” rating to a “hold” rating in a research report on Thursday, February 29th. Citigroup lowered their price objective on shares of 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 price objective on shares of ExlService from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, April 2nd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective on shares of ExlService in a research note on Friday, March 1st. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $36.14.

ExlService Stock Up 0.2 %

EXLS traded up $0.05 during mid-day trading on Friday, reaching $29.36. 620,191 shares of the stock were exchanged, compared to its average volume of 963,915. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.08 and a current ratio of 2.08. The stock has a market capitalization of $4.87 billion, a PE ratio of 26.84, a price-to-earnings-growth ratio of 1.54 and a beta of 0.97. The company has a 50 day moving average price of $30.67 and a two-hundred day moving average price of $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 posted its quarterly earnings data on Thursday, February 29th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). The firm had revenue of $414.06 million for the quarter, compared to analysts’ expectations of $408.56 million. ExlService had a return on equity of 22.83% and a net margin of 11.32%. As a group, research analysts anticipate that ExlService Holdings, Inc. will post 1.3 EPS 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.