Hillsdale Investment Management Inc. Grows Stock Holdings in Genpact Limited $G

Hillsdale Investment Management Inc. boosted its stake in Genpact Limited (NYSE:G) by 21.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 118,020 shares of the business services provider’s stock after acquiring an additional 20,800 shares during the period. Hillsdale Investment Management Inc.’s holdings in Genpact were worth $4,396,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Osbon Capital Management LLC purchased a new position in shares of Genpact in the 4th quarter valued at approximately $25,000. V Square Quantitative Management LLC purchased a new stake in shares of Genpact during the fourth quarter worth approximately $30,000. iSAM Funds UK Ltd purchased a new stake in shares of Genpact during the third quarter worth approximately $29,000. Johnson Financial Group Inc. acquired a new stake in shares of Genpact during the third quarter worth $29,000. Finally, Larson Financial Group LLC lifted its holdings in shares of Genpact by 428.4% during the fourth quarter. Larson Financial Group LLC now owns 708 shares of the business services provider’s stock worth $33,000 after purchasing an additional 574 shares during the period. 96.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

G has been the topic of a number of analyst reports. Weiss Ratings lowered shares of Genpact from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, June 24th. Needham & Company LLC restated a “buy” rating and set a $50.00 price objective on shares of Genpact in a research report on Friday, May 8th. Susquehanna reduced their target price on shares of Genpact from $42.00 to $37.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Mizuho lowered their target price on shares of Genpact from $49.00 to $39.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, TD Cowen dropped their price target on shares of Genpact from $47.00 to $42.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Two equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $40.25.

Genpact Stock Down 2.9%

Genpact stock opened at $29.58 on Wednesday. Genpact Limited has a fifty-two week low of $26.85 and a fifty-two week high of $48.64. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 9.07, a price-to-earnings-growth ratio of 0.86 and a beta of 0.61. The stock’s fifty day moving average is $30.71 and its two-hundred day moving average is $36.91. 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 (NYSE:G) last released its quarterly earnings results on Tuesday, March 31st. The business services provider reported $0.98 earnings per share (EPS) for the quarter. Genpact had a return on equity of 22.70% and a net margin of 11.04%.The business had revenue of $1.30 billion during the quarter. Analysts predict that Genpact Limited will post 3.64 EPS for the current fiscal year.

Genpact Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Wednesday, June 10th were issued a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a yield of 2.5%. The ex-dividend date was Wednesday, June 10th. Genpact’s dividend payout ratio (DPR) is 23.01%.

Genpact Profile

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.