Atria Investments Inc Sells 3,697 Shares of Genpact Limited $G

Atria Investments Inc cut its position in Genpact Limited (NYSE:G) by 18.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,676 shares of the business services provider’s stock after selling 3,697 shares during the quarter. Atria Investments Inc’s holdings in Genpact were worth $734,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Richardson Financial Services Inc. bought a new stake in Genpact during the first quarter valued at about $35,000. SVB Wealth LLC bought a new position in shares of Genpact in the first quarter worth about $41,000. Steph & Co. acquired a new position in shares of Genpact during the 2nd quarter worth about $37,000. Kestra Investment Management LLC bought a new stake in Genpact during the 1st quarter valued at approximately $56,000. Finally, Amundi acquired a new stake in Genpact in the 1st quarter valued at approximately $58,000. Institutional investors own 96.03% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on G shares. Wall Street Zen lowered Genpact from a “buy” rating to a “hold” rating in a report on Friday, September 5th. Needham & Company LLC boosted their target price on shares of Genpact from $50.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Genpact in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of Genpact in a research report on Thursday, July 17th. They issued a “hold” rating and a $47.00 price target on the stock. Finally, JPMorgan Chase & Co. cut their price objective on shares of Genpact from $55.00 to $50.00 and set a “neutral” rating for the company in a research report on Wednesday, August 20th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $51.13.

Genpact Stock Up 16.0%

Shares of G opened at $44.55 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.32. The company has a 50-day moving average price of $41.13 and a two-hundred day moving average price of $43.33. The stock has a market cap of $7.76 billion, a price-to-earnings ratio of 14.37, a P/E/G ratio of 1.53 and a beta of 0.85. Genpact Limited has a 12 month low of $37.49 and a 12 month high of $56.76.

Genpact (NYSE:G) last released its quarterly earnings data on Thursday, November 6th. The business services provider reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.07. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.27 billion. Genpact had a return on equity of 22.71% and a net margin of 11.01%.The company’s revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.85 EPS. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS. Q4 2025 guidance at 0.930-0.940 EPS. Equities analysts predict that Genpact Limited will post 3.21 EPS for the current fiscal year.

Genpact Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 9th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.5%. Genpact’s dividend payout ratio (DPR) is presently 22.59%.

Insiders Place Their Bets

In related news, CEO Balkrishan Kalra sold 55,000 shares of Genpact stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $43.36, for a total transaction of $2,384,800.00. Following the completion of the transaction, the chief executive officer directly owned 295,246 shares of the company’s stock, valued at $12,801,866.56. This trade represents a 15.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Piyush Mehta sold 76,902 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $42.58, for a total transaction of $3,274,487.16. Following the completion of the transaction, the senior vice president owned 134,880 shares in the company, valued at approximately $5,743,190.40. This trade represents a 36.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.07% of the stock is currently owned by company insiders.

Genpact Profile

Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims.