Fiera Capital Corp Trims Stock Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

Fiera Capital Corp lessened its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 782,949 shares of the business services provider’s stock after selling 17,814 shares during the quarter. Fiera Capital Corp owned 0.49% of ExlService worth $34,747,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Algert Global LLC grew its position in shares of ExlService by 18.0% during the third quarter. Algert Global LLC now owns 150,460 shares of the business services provider’s stock worth $5,740,000 after buying an additional 22,970 shares in the last quarter. Quest Partners LLC grew its holdings in ExlService by 196.8% during the 3rd quarter. Quest Partners LLC now owns 70,015 shares of the business services provider’s stock worth $2,671,000 after acquiring an additional 46,422 shares in the last quarter. Eagle Asset Management Inc. grew its holdings in ExlService by 4.3% during the 3rd quarter. Eagle Asset Management Inc. now owns 711,995 shares of the business services provider’s stock worth $27,163,000 after acquiring an additional 29,510 shares in the last quarter. Assetmark Inc. increased its position in shares of ExlService by 107,991.3% in the 3rd quarter. Assetmark Inc. now owns 24,861 shares of the business services provider’s stock worth $948,000 after purchasing an additional 24,838 shares during the last quarter. Finally, Walleye Capital LLC acquired a new stake in shares of ExlService in the 3rd quarter valued at about $1,543,000. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at ExlService

In other ExlService news, Director Jaynie M. Studenmund sold 3,645 shares of ExlService stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $44.05, for a total transaction of $160,562.25. Following the transaction, the director now directly owns 14,580 shares in the company, valued at approximately $642,249. The trade was a 20.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ajay Ayyappan sold 16,186 shares of the company’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $51.50, for a total value of $833,579.00. Following the transaction, the executive vice president now directly owns 40,986 shares in the company, valued at $2,110,779. The trade was a 28.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 33,584 shares of company stock valued at $1,669,964. Corporate insiders own 4.16% of the company’s stock.

ExlService Stock Performance

Shares of EXLS opened at $51.41 on Friday. The stock has a market capitalization of $8.27 billion, a P/E ratio of 45.10, a P/E/G ratio of 2.17 and a beta of 1.03. ExlService Holdings, Inc. has a 12-month low of $28.16 and a 12-month high of $52.43. 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 firm’s 50 day moving average is $47.18 and its 200-day moving average is $41.95.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Jefferies Financial Group lifted their price target on ExlService from $47.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. Robert W. Baird raised their price target on ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. StockNews.com upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research report on Sunday, February 2nd. Finally, Needham & Company LLC boosted their price target on ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $45.00.

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.