Private Capital Group LLC Uplifts Stake in ExlService Stake, Inc. (NASDAQ:EXLS)

Private Capital Group LLC Uplifts Stake in ExlService Stake, Inc. (NASDAQ:EXLS)

Private Capital Group LLC lifted its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 36.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 917 shares of the business services provider’s stock after purchasing an additional 247 shares during the quarter. Private Capital Group LLC’s holdings in ExlService were worth $48,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. FMR LLC raised its holdings in shares of ExlService by 1.9% in the 2nd quarter. FMR LLC now owns 3,160,692 shares of the business services provider’s stock valued at $178,926,000 after acquiring an additional 58,039 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of ExlService by 4.1% in the 2nd quarter. Bank of America Corp DE now owns 163,979 shares of the business services provider’s stock valued at $9,283,000 after acquiring an additional 6,484 shares in the last quarter. California Public Employees Retirement System raised its holdings in shares of ExlService by 1.7% in the 2nd quarter. California Public Employees Retirement System now owns 63,214 shares of the business services provider’s stock valued at $3,579,000 after acquiring an additional 1,032 shares in the last quarter. Northern Trust Corp raised its holdings in shares of ExlService by 3.5% in the 2nd quarter. Northern Trust Corp now owns 483,325 shares of the business services provider’s stock valued at $27,361,000 after acquiring an additional 16,481 shares in the last quarter. Finally, Atria Investments LLC raised its holdings in shares of ExlService by 23.0% in the 3rd quarter. Atria Investments LLC now owns 6,990 shares of the business services provider’s stock valued at $463,000 after acquiring an additional 1,306 shares in the last quarter. 93.35% of the stock is owned by hedge funds and other institutional investors.

Several analysts have weighed in on EXLS shares. Barrington Research set a $70.00 price target on ExlService and gave the company a “buy” rating in a report on Tuesday, October 23rd. BidaskClub cut ExlService from a “buy” rating to a “hold” rating in a report on Tuesday, November 6th. Zacks Investment Research cut ExlService from a “hold” rating to a “sell” rating in a report on Tuesday, November 6th. Wedbush reaffirmed a “neutral” rating on shares of ExlService in a report on Wednesday, November 28th. Finally, ValuEngine cut ExlService from a “buy” rating to a “hold” rating in a report on Friday, January 4th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. ExlService has a consensus rating of “Buy” and a consensus target price of $65.20.

EXLS traded up $0.12 on Friday, reaching $60.97. 144,979 shares of the stock were exchanged, compared to its average volume of 91,628. ExlService Holdings, Inc. has a fifty-two week low of $44.29 and a fifty-two week high of $67.06. The company has a debt-to-equity ratio of 0.50, a quick ratio of 3.28 and a current ratio of 3.28. The stock has a market cap of $2.08 billion, a P/E ratio of 24.19, a P/E/G ratio of 1.93 and a beta of 1.18.

In other ExlService news, Director Clyde W. Ostler sold 3,231 shares of ExlService stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $58.10, for a total transaction of $187,721.10. Following the completion of the sale, the director now owns 12,461 shares of the company’s stock, valued at approximately $723,984.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Pavan Bagai sold 5,500 shares of ExlService stock in a transaction dated Monday, February 4th. The stock was sold at an average price of $59.23, for a total value of $325,765.00. Following the sale, the chief operating officer now directly owns 57,361 shares of the company’s stock, valued at approximately $3,397,492.03. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 27,628 shares of company stock valued at $1,565,794. 4.40% of the stock is currently owned by insiders.

About ExlService

ExlService Holdings, Inc provides operations management and analytics services in the United States, the United Kingdom, and internationally. The company offers business process management (BPM) services to the insurance industry in the areas of claims processing, subrogation, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business processing, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer services.

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