Natixis Advisors LLC Sells 1,364 Shares of ExlService Holdings, Inc. (NASDAQ:EXLS)

Natixis Advisors LLC trimmed its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 2.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,758 shares of the business services provider’s stock after selling 1,364 shares during the quarter. Natixis Advisors LLC’s holdings in ExlService were worth $2,386,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of EXLS. Mather Group LLC. bought a new position in ExlService during the fourth quarter worth about $25,000. Kestra Investment Management LLC bought a new position in ExlService during the fourth quarter worth about $26,000. USA Financial Formulas bought a new position in ExlService during the fourth quarter worth about $58,000. VisionPoint Advisory Group LLC bought a new position in ExlService in the 4th quarter valued at about $58,000. Finally, UMB Bank n.a. increased its holdings in ExlService by 17.6% in the 4th quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider’s stock valued at $85,000 after buying an additional 288 shares during the period. 92.92% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on EXLS shares. Needham & Company LLC raised their target price on shares of ExlService from $50.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, February 27th. StockNews.com raised shares of ExlService from a “hold” rating to a “buy” rating in a report on Sunday, February 2nd. Jefferies Financial Group raised their target price on shares of ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. Finally, Stifel Nicolaus raised their target price on shares of ExlService from $48.00 to $54.00 and gave the company a “buy” rating in a report on Thursday, February 27th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $47.38.

ExlService Stock Down 0.2 %

NASDAQ:EXLS opened at $46.34 on Monday. The firm’s 50 day simple moving average is $48.69 and its 200 day simple moving average is $44.44. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.02 and a quick ratio of 3.02. ExlService Holdings, Inc. has a one year low of $28.16 and a one year high of $52.43. The company has a market cap of $7.52 billion, a PE ratio of 40.65, a P/E/G ratio of 2.11 and a beta of 1.10.

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

Insider Transactions at ExlService

In other news, CFO Maurizio Nicolelli sold 13,753 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $49.14, for a total value of $675,822.42. Following the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Anita Mahon sold 10,558 shares of ExlService stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $45.92, for a total transaction of $484,823.36. Following the completion of the sale, the executive vice president now owns 94,443 shares of the company’s stock, valued at $4,336,822.56. This represents a 10.06 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,351 shares of company stock worth $2,337,284. Company insiders own 4.16% of the company’s stock.

About ExlService

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.