State of Tennessee Treasury Department trimmed its position in ExlService Holdings, Inc. (NASDAQ:EXLS) by 5.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 29,582 shares of the business services provider’s stock after selling 1,870 shares during the period. State of Tennessee Treasury Department owned about 0.09% of ExlService Holdings worth $1,725,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of EXLS. California Public Employees Retirement System boosted its holdings in shares of ExlService Holdings by 4.0% during the 2nd quarter. California Public Employees Retirement System now owns 52,600 shares of the business services provider’s stock worth $2,924,000 after purchasing an additional 2,000 shares during the last quarter. Aperio Group LLC raised its position in shares of ExlService Holdings by 29.1% during the 2nd quarter. Aperio Group LLC now owns 13,493 shares of the business services provider’s stock valued at $750,000 after buying an additional 3,044 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of ExlService Holdings by 66.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 11,184 shares of the business services provider’s stock valued at $622,000 after buying an additional 4,464 shares during the period. Arizona State Retirement System raised its position in shares of ExlService Holdings by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 17,592 shares of the business services provider’s stock valued at $978,000 after buying an additional 100 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of ExlService Holdings by 4.9% during the 1st quarter. Vanguard Group Inc. now owns 2,887,499 shares of the business services provider’s stock valued at $136,752,000 after buying an additional 135,087 shares during the period. Institutional investors own 91.46% of the company’s stock.

In related news, EVP Villa Rembert De sold 31,370 shares of the business’s stock in a transaction on Friday, September 22nd. The shares were sold at an average price of $57.21, for a total transaction of $1,794,677.70. Following the completion of the transaction, the executive vice president now owns 17,067 shares in the company, valued at $976,403.07. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Rohit Kapoor sold 4,149 shares of the business’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $62.50, for a total transaction of $259,312.50. The disclosure for this sale can be found here. In the last 90 days, insiders sold 382,258 shares of company stock valued at $22,319,128. Insiders own 5.80% of the company’s stock.

Several research firms have recently commented on EXLS. Cowen and Company reaffirmed a “buy” rating and set a $54.00 price target on shares of ExlService Holdings in a research report on Friday, July 28th. Bank of America Corporation lowered shares of ExlService Holdings from a “buy” rating to an “underperform” rating and set a $55.00 price target on the stock. in a research report on Wednesday, August 9th. Wedbush reaffirmed a “neutral” rating and set a $63.00 price target on shares of ExlService Holdings in a research report on Wednesday, August 9th. BidaskClub lowered shares of ExlService Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $67.00 price target on shares of ExlService Holdings in a research report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $62.33.

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ExlService Holdings, Inc. (NASDAQ:EXLS) opened at $61.27 on Tuesday. The company has a market cap of $2,087.49, a price-to-earnings ratio of 25.63, a price-to-earnings-growth ratio of 2.12 and a beta of 1.30. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.81 and a quick ratio of 3.81. ExlService Holdings, Inc. has a 12 month low of $44.25 and a 12 month high of $62.92.

ExlService Holdings (NASDAQ:EXLS) last posted its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.68 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.03. The business had revenue of $192.30 million during the quarter, compared to the consensus estimate of $191.20 million. ExlService Holdings had a net margin of 9.94% and a return on equity of 14.81%. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.61 earnings per share. sell-side analysts forecast that ExlService Holdings, Inc. will post 2.12 EPS for the current year.

ExlService Holdings Company Profile

ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.

Institutional Ownership by Quarter for ExlService Holdings (NASDAQ:EXLS)

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