US Bancorp DE Has $628,000 Holdings in ExlService Holdings, Inc. $EXLS

US Bancorp DE decreased its position in ExlService Holdings, Inc. (NASDAQ:EXLSFree Report) by 7.4% in the second quarter, HoldingsChannel reports. The firm owned 14,331 shares of the business services provider’s stock after selling 1,142 shares during the period. US Bancorp DE’s holdings in ExlService were worth $628,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System purchased a new stake in shares of ExlService in the second quarter valued at $337,000. Louisiana State Employees Retirement System boosted its position in ExlService by 1.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 45,800 shares of the business services provider’s stock worth $2,006,000 after acquiring an additional 700 shares during the period. KLP Kapitalforvaltning AS grew its stake in ExlService by 19.9% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 44,600 shares of the business services provider’s stock valued at $1,953,000 after acquiring an additional 7,400 shares in the last quarter. JSF Financial LLC grew its stake in ExlService by 12.7% during the 2nd quarter. JSF Financial LLC now owns 22,312 shares of the business services provider’s stock valued at $977,000 after acquiring an additional 2,517 shares in the last quarter. Finally, 111 Capital acquired a new position in shares of ExlService in the 2nd quarter valued at about $1,102,000. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Stock Up 1.7%

ExlService stock opened at $40.34 on Monday. The company has a current ratio of 3.15, a quick ratio of 3.15 and a debt-to-equity ratio of 0.24. ExlService Holdings, Inc. has a 1-year low of $38.36 and a 1-year high of $52.43. The firm’s fifty day simple moving average is $43.00 and its 200-day simple moving average is $44.18. The company has a market capitalization of $6.52 billion, a P/E ratio of 28.01, a P/E/G ratio of 1.85 and a beta of 0.86.

ExlService (NASDAQ:EXLSGet Free Report) last posted its earnings results on Tuesday, July 29th. The business services provider reported $0.49 EPS for the quarter, topping the consensus estimate of $0.45 by $0.04. ExlService had a net margin of 12.00% and a return on equity of 25.38%. The firm had revenue of $514.46 million for the quarter, compared to the consensus estimate of $504.87 million. During the same period in the prior year, the business posted $0.40 earnings per share. The business’s quarterly revenue was up 14.7% on a year-over-year basis. ExlService has set its FY 2025 guidance at 1.860-1.900 EPS. Sell-side analysts forecast that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Insider Buying and Selling at ExlService

In related news, insider Vikas Bhalla sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $43.76, for a total value of $350,080.00. Following the transaction, the insider directly owned 127,046 shares of the company’s stock, valued at approximately $5,559,532.96. This trade represents a 5.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on EXLS. JPMorgan Chase & Co. lowered their price objective on shares of ExlService from $56.00 to $52.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 20th. Weiss Ratings restated a “buy (b-)” rating on shares of ExlService in a report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $52.40.

Get Our Latest Research Report on EXLS

ExlService Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ExlService (NASDAQ:EXLS)

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