Susquehanna Fundamental Investments LLC Takes $11.41 Million Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

Susquehanna Fundamental Investments LLC bought a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 257,164 shares of the business services provider’s stock, valued at approximately $11,413,000. Susquehanna Fundamental Investments LLC owned about 0.16% of ExlService at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Mather Group LLC. acquired a new position in shares of ExlService in the 4th quarter valued at $25,000. Kestra Investment Management LLC purchased a new stake in ExlService during the 4th quarter valued at about $26,000. VisionPoint Advisory Group LLC acquired a new position in shares of ExlService in the fourth quarter valued at about $58,000. USA Financial Formulas purchased a new position in shares of ExlService in the fourth quarter worth about $58,000. Finally, UMB Bank n.a. lifted its holdings in shares of ExlService by 17.6% during the fourth quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider’s stock worth $85,000 after purchasing an additional 288 shares during the period. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Stock Down 0.9 %

EXLS opened at $44.43 on Friday. The company has a fifty day moving average of $46.21 and a two-hundred day moving average of $45.83. The stock has a market capitalization of $7.21 billion, a price-to-earnings ratio of 38.97, a PEG ratio of 2.11 and a beta of 0.91. ExlService Holdings, Inc. has a fifty-two week low of $28.59 and a fifty-two week high of $52.43. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.02 and a current ratio of 3.02.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings results on Tuesday, February 25th. The business services provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.08). The business had revenue of $481.43 million during the quarter, compared to analysts’ expectations of $475.68 million. ExlService had a net margin of 10.61% and a return on equity of 23.23%. On average, research analysts expect that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on EXLS. Stifel Nicolaus increased their price target on shares of ExlService from $48.00 to $54.00 and gave the stock a “buy” rating in a report on Thursday, February 27th. Needham & Company LLC raised their target price on shares of ExlService from $50.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, February 27th. StockNews.com lowered shares of ExlService from a “buy” rating to a “hold” rating in a report on Monday, April 14th. Finally, Jefferies Financial Group lifted their price objective on ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $48.86.

Insider Activity

In related news, EVP Anita Mahon sold 10,558 shares of the firm’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $45.92, for a total value of $484,823.36. Following the transaction, the executive vice president now directly owns 94,443 shares of the company’s stock, valued at approximately $4,336,822.56. This trade represents a 10.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Maurizio Nicolelli sold 13,753 shares of ExlService stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $49.14, for a total value of $675,822.42. Following the completion of the sale, the chief financial officer now owns 194,440 shares in the company, valued at approximately $9,554,781.60. The trade was a 6.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 47,351 shares of company stock worth $2,337,284 in the last quarter. Corporate insiders own 4.16% of the company’s stock.

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.