Chartwell Investment Partners LLC Purchases 254 Shares of ExlService Holdings, Inc. (NASDAQ:EXLS)

Chartwell Investment Partners LLC grew its stake in ExlService Holdings, Inc. (NASDAQ:EXLS) by 0.8% in the third quarter, HoldingsChannel.com reports. The fund owned 31,353 shares of the business services provider’s stock after acquiring an additional 254 shares during the period. Chartwell Investment Partners LLC’s holdings in ExlService were worth $1,196,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EXLS. Ashton Thomas Securities LLC acquired a new position in shares of ExlService in the 3rd quarter valued at approximately $27,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of ExlService by 164.0% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 924 shares of the business services provider’s stock valued at $29,000 after buying an additional 574 shares during the last quarter. New Covenant Trust Company N.A. bought a new stake in ExlService in the 1st quarter valued at $30,000. Headlands Technologies LLC raised its stake in ExlService by 269.0% in the 1st quarter. Headlands Technologies LLC now owns 1,594 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 1,162 shares during the period. Finally, GAMMA Investing LLC increased its position in ExlService by 28.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,755 shares of the business services provider’s stock worth $55,000 after buying an additional 391 shares during the period. 92.92% of the stock is owned by institutional investors.

Analysts Set New Price Targets

EXLS has been the topic of several analyst reports. StockNews.com raised ExlService from a “hold” rating to a “buy” rating in a report on Monday, November 4th. Needham & Company LLC lifted their price target on ExlService from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Robert W. Baird raised their price objective on ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Citigroup lifted their target price on ExlService from $38.00 to $46.00 and gave the stock a “buy” rating in a report on Monday, October 14th. Finally, JPMorgan Chase & Co. boosted their price objective on ExlService from $38.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, September 6th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $42.86.

Insiders Place Their Bets

In other news, EVP Anita Mahon sold 25,670 shares of the company’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $35.50, for a total value of $911,285.00. Following the completion of the transaction, the executive vice president now directly owns 68,857 shares in the company, valued at approximately $2,444,423.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Vivek Jetley sold 2,015 shares of the stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $35.75, for a total transaction of $72,036.25. Following the completion of the sale, the insider now directly owns 326,642 shares in the company, valued at $11,677,451.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Anita Mahon sold 25,670 shares of the stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $35.50, for a total value of $911,285.00. Following the sale, the executive vice president now owns 68,857 shares of the company’s stock, valued at $2,444,423.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 385,498 shares of company stock worth $16,122,573 in the last ninety days. 4.16% of the stock is currently owned by insiders.

ExlService Stock Down 0.2 %

EXLS stock opened at $46.82 on Wednesday. The stock has a market cap of $7.53 billion, a P/E ratio of 41.07, a P/E/G ratio of 2.22 and a beta of 0.99. The stock’s fifty day simple moving average is $39.17 and its two-hundred day simple moving average is $34.64. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.37. ExlService Holdings, Inc. has a 1-year low of $26.54 and a 1-year high of $47.32.

ExlService (NASDAQ:EXLS) last released its quarterly earnings data on Tuesday, October 29th. The business services provider reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $472.07 million for the quarter, compared to analyst estimates of $460.73 million. ExlService had a return on equity of 23.23% and a net margin of 10.61%. The firm’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.30 EPS. Analysts expect that ExlService Holdings, Inc. will post 1.27 EPS for the current year.

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.