ExlService Holdings Inc. (NASDAQ:EXLS) fell 4.3% during mid-day trading on Thursday . The company traded as low as $48.84 and last traded at $48.84, with a volume of 200,806 shares trading hands. The stock had previously closed at $51.03.

Several research analysts have weighed in on the company. Citigroup Inc. boosted their price target on ExlService Holdings from $56.00 to $58.00 and gave the stock a “buy” rating in a research report on Friday, May 27th. Zacks Investment Research lowered ExlService Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, May 3rd. Robert W. Baird reaffirmed a “buy” rating on shares of ExlService Holdings in a research report on Monday, May 16th. Cantor Fitzgerald reaffirmed a “buy” rating on shares of ExlService Holdings in a research report on Monday, May 2nd. Finally, JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $54.00 price target on shares of ExlService Holdings in a research report on Tuesday, July 19th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. ExlService Holdings has a consensus rating of “Buy” and an average price target of $51.67.

The stock’s 50 day moving average is $51.74 and its 200-day moving average is $49.07. The stock has a market capitalization of $1.63 billion and a price-to-earnings ratio of 29.89.

ExlService Holdings (NASDAQ:EXLS) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.02. During the same quarter in the previous year, the company posted $0.48 EPS. The firm earned $170.50 million during the quarter, compared to the consensus estimate of $170.65 million. The firm’s revenue was up 9.6% on a year-over-year basis. Analysts predict that ExlService Holdings Inc. will post $2.33 earnings per share for the current fiscal year.

In related news, EVP Villa Rembert De sold 5,000 shares of the stock in a transaction that occurred on Tuesday, May 31st. The stock was sold at an average price of $51.81, for a total transaction of $259,050.00. Following the completion of the sale, the executive vice president now directly owns 2,258 shares of the company’s stock, valued at $116,986.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Vishal Chhibbar sold 4,053 shares of the stock in a transaction that occurred on Friday, July 1st. The shares were sold at an average price of $52.36, for a total value of $212,215.08. Following the sale, the chief financial officer now directly owns 3,970 shares of the company’s stock, valued at $207,869.20. The disclosure for this sale can be found here.

Several hedge funds have modified their holdings of EXLS. Aberdeen Asset Management PLC UK acquired a new stake in shares of ExlService Holdings during the fourth quarter worth approximately $5,770,000. Morgan Stanley increased its stake in shares of ExlService Holdings by 183.7% in the fourth quarter. Morgan Stanley now owns 219,859 shares of the company’s stock worth $9,878,000 after buying an additional 142,353 shares during the last quarter. J. Goldman & Co LP acquired a new stake in shares of ExlService Holdings during the fourth quarter worth approximately $5,570,000. Dimensional Fund Advisors LP increased its stake in shares of ExlService Holdings by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,248,537 shares of the company’s stock worth $56,097,000 after buying an additional 61,838 shares during the last quarter. Finally, Russell Frank Co increased its stake in shares of ExlService Holdings by 342.0% in the fourth quarter. Russell Frank Co now owns 59,176 shares of the company’s stock worth $2,698,000 after buying an additional 45,788 shares during the last quarter.

ExlService Holdings, Inc is an operations management and analytics company. The Company operates through two segments: Operations Management and Analytics. The Company offers operations management solutions to the insurance, healthcare, banking and financial services, utilities, and travel, transportation and logistics industries.

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