Hahn Capital Management LLC Has $6.05 Million Position in Genpact Limited $G

Hahn Capital Management LLC lessened its holdings in shares of Genpact Limited (NYSE:G) by 16.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 162,518 shares of the business services provider’s stock after selling 31,237 shares during the period. Genpact accounts for about 3.8% of Hahn Capital Management LLC’s portfolio, making the stock its 12th largest position. Hahn Capital Management LLC owned 0.10% of Genpact worth $6,054,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in G. GAMMA Investing LLC grew its holdings in Genpact by 2.6% during the 4th quarter. GAMMA Investing LLC now owns 9,637 shares of the business services provider’s stock worth $451,000 after acquiring an additional 241 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Genpact by 47.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 823 shares of the business services provider’s stock valued at $39,000 after acquiring an additional 265 shares in the last quarter. Verdence Capital Advisors LLC raised its stake in shares of Genpact by 2.3% in the fourth quarter. Verdence Capital Advisors LLC now owns 12,082 shares of the business services provider’s stock worth $565,000 after acquiring an additional 271 shares during the last quarter. AlphaCore Capital LLC lifted its position in shares of Genpact by 2.4% during the fourth quarter. AlphaCore Capital LLC now owns 11,634 shares of the business services provider’s stock worth $544,000 after purchasing an additional 272 shares in the last quarter. Finally, Flynn Zito Capital Management LLC lifted its position in shares of Genpact by 4.9% during the fourth quarter. Flynn Zito Capital Management LLC now owns 6,142 shares of the business services provider’s stock worth $287,000 after purchasing an additional 288 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on G. Robert W. Baird lowered their price target on shares of Genpact from $45.00 to $38.00 and set a “neutral” rating for the company in a report on Tuesday, July 7th. Mizuho lowered their target price on Genpact from $49.00 to $39.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Susquehanna dropped their target price on Genpact from $42.00 to $37.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Weiss Ratings lowered Genpact from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, June 24th. Finally, Citigroup cut their price target on Genpact from $43.00 to $35.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Genpact currently has an average rating of “Hold” and a consensus target price of $40.25.

Genpact Price Performance

Shares of G stock opened at $30.87 on Monday. The firm’s 50 day moving average price is $30.54 and its two-hundred day moving average price is $36.54. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.69 and a current ratio of 1.69. Genpact Limited has a 52-week low of $26.85 and a 52-week high of $48.64. The stock has a market cap of $5.23 billion, a PE ratio of 9.47, a PEG ratio of 0.87 and a beta of 0.61.

Genpact (NYSE:G) last issued its earnings results on Tuesday, March 31st. The business services provider reported $0.98 EPS for the quarter. The company had revenue of $1.30 billion during the quarter. Genpact had a net margin of 11.04% and a return on equity of 22.70%. As a group, analysts forecast that Genpact Limited will post 3.64 EPS for the current year.

Genpact Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Thursday, September 10th. Genpact’s dividend payout ratio is currently 23.01%.

About Genpact

Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.

Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.

Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.