Vest Financial LLC raised its position in Genpact Limited (NYSE:G – Free Report) by 19.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 113,003 shares of the business services provider’s stock after acquiring an additional 18,005 shares during the quarter. Vest Financial LLC’s holdings in Genpact were worth $4,734,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the business. Hussman Strategic Advisors Inc. acquired a new stake in shares of Genpact in the 2nd quarter worth $3,697,000. Access Investment Management LLC purchased a new stake in shares of Genpact during the second quarter valued at $9,423,000. Strs Ohio increased its position in shares of Genpact by 51.4% in the 2nd quarter. Strs Ohio now owns 56,217 shares of the business services provider’s stock valued at $2,474,000 after acquiring an additional 19,075 shares during the period. Bell Asset Management Ltd raised its stake in Genpact by 9.5% in the 2nd quarter. Bell Asset Management Ltd now owns 104,377 shares of the business services provider’s stock worth $4,594,000 after acquiring an additional 9,063 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its position in Genpact by 149.5% during the 2nd quarter. Asset Management One Co. Ltd. now owns 33,618 shares of the business services provider’s stock worth $1,480,000 after acquiring an additional 20,146 shares during the period. 96.03% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, Director Tamara Franklin sold 2,750 shares of the stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $45.65, for a total transaction of $125,537.50. Following the sale, the director directly owned 22,236 shares of the company’s stock, valued at $1,015,073.40. This represents a 11.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Sameer Dewan sold 26,531 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $44.70, for a total value of $1,185,935.70. Following the sale, the senior vice president owned 62,617 shares in the company, valued at $2,798,979.90. This trade represents a 29.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 60,385 shares of company stock worth $2,762,475. Company insiders own 3.07% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Analysis on Genpact
Genpact Trading Up 2.1%
Shares of NYSE:G opened at $45.71 on Thursday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.33. Genpact Limited has a 12-month low of $37.49 and a 12-month high of $56.76. The business has a 50 day moving average of $46.21 and a two-hundred day moving average of $43.93. The company has a market capitalization of $7.88 billion, a PE ratio of 14.74, a PEG ratio of 1.33 and a beta of 0.75.
Genpact (NYSE:G – Get Free Report) last posted its earnings results on Thursday, November 6th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.07. Genpact had a net margin of 11.01% and a return on equity of 22.55%. The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the previous year, the business posted $0.85 EPS. The business’s revenue was up 6.6% compared to the same quarter last year. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS and its Q4 2025 guidance at 0.930-0.940 EPS. As a group, analysts forecast that Genpact Limited will post 3.21 EPS for the current year.
Genpact Profile
Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.
Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.
Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.
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