ExlService Holdings, Inc. (NASDAQ:EXLS) Stock Holdings Raised by Axa S.A.

Axa S.A. grew its stake in ExlService Holdings, Inc. (NASDAQ:EXLS) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 186,579 shares of the business services provider’s stock after purchasing an additional 2,458 shares during the quarter. Axa S.A. owned approximately 0.12% of ExlService worth $8,280,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Mather Group LLC. acquired a new position in shares of ExlService in the 4th quarter worth approximately $25,000. Kestra Investment Management LLC bought a new stake in ExlService during the fourth quarter valued at $26,000. USA Financial Formulas bought a new position in shares of ExlService in the 4th quarter worth about $58,000. VisionPoint Advisory Group LLC acquired a new position in ExlService in the fourth quarter valued at approximately $58,000. Finally, UMB Bank n.a. boosted its position in ExlService by 17.6% during the 4th quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider’s stock valued at $85,000 after purchasing an additional 288 shares during the period. Institutional investors own 92.92% of the company’s stock.

ExlService Price Performance

Shares of NASDAQ:EXLS opened at $46.54 on Tuesday. The stock’s 50 day moving average price is $45.85 and its 200 day moving average price is $46.14. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.02 and a quick ratio of 3.02. The stock has a market cap of $7.57 billion, a price-to-earnings ratio of 40.82, a PEG ratio of 2.11 and a beta of 0.86. ExlService Holdings, Inc. has a 12 month low of $28.59 and a 12 month high of $52.43.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings data on Tuesday, April 29th. The business services provider reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.03. ExlService had a return on equity of 23.23% and a net margin of 10.61%. The business had revenue of $501.02 million during the quarter, compared to analyst estimates of $489.66 million. During the same quarter in the prior year, the firm posted $0.38 earnings per share. The company’s revenue was up 14.8% on a year-over-year basis. Equities research analysts anticipate that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on EXLS shares. Jefferies Financial Group raised their target price on ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. StockNews.com cut shares of ExlService from a “buy” rating to a “hold” rating in a research report on Monday, April 14th. Stifel Nicolaus lifted their price target on ExlService from $48.00 to $54.00 and gave the company a “buy” rating in a report on Thursday, February 27th. JPMorgan Chase & Co. increased their price objective on ExlService from $52.00 to $53.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. Finally, Needham & Company LLC lifted their target price on ExlService from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, February 27th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.57.

Insider Transactions at ExlService

In other ExlService news, EVP Ajay Ayyappan sold 4,989 shares of ExlService stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $50.70, for a total value of $252,942.30. Following the transaction, the executive vice president now owns 40,986 shares in the company, valued at approximately $2,077,990.20. The trade was a 10.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Anita Mahon sold 10,558 shares of the stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $45.92, for a total value of $484,823.36. Following the sale, the executive vice president now owns 94,443 shares of the company’s stock, valued at $4,336,822.56. This trade represents a 10.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,598 shares of company stock valued at $1,661,461 in the last quarter. Insiders own 4.16% of the company’s stock.

ExlService Company 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.