Boston Trust Walden Corp Has $127.64 Million Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

Boston Trust Walden Corp decreased its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 11.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,345,806 shares of the business services provider’s stock after selling 414,917 shares during the period. ExlService makes up about 0.9% of Boston Trust Walden Corp’s investment portfolio, making the stock its 23rd largest holding. Boston Trust Walden Corp owned about 2.00% of ExlService worth $127,642,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in EXLS. Russell Investments Group Ltd. boosted its position in ExlService by 18.2% during the 1st quarter. Russell Investments Group Ltd. now owns 257,029 shares of the business services provider’s stock worth $8,174,000 after acquiring an additional 39,537 shares during the last quarter. Silvercrest Asset Management Group LLC acquired a new stake in ExlService in the 1st quarter valued at $19,417,000. Vanguard Group Inc. lifted its position in ExlService by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 17,176,353 shares of the business services provider’s stock worth $546,208,000 after buying an additional 160,723 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in shares of ExlService during the 1st quarter worth about $4,501,000. Finally, Bessemer Group Inc. grew its holdings in shares of ExlService by 7.8% in the 1st quarter. Bessemer Group Inc. now owns 629,845 shares of the business services provider’s stock valued at $20,030,000 after acquiring an additional 45,336 shares in the last quarter. 92.92% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. JPMorgan Chase & Co. upped their target price on ExlService from $38.00 to $41.00 and gave the stock an “overweight” rating in a report on Friday, September 6th. Jefferies Financial Group upgraded shares of ExlService from a “hold” rating to a “buy” rating and boosted their target price for the stock from $35.00 to $42.00 in a report on Monday, September 9th. Needham & Company LLC reissued a “buy” rating and issued a $40.00 price objective on shares of ExlService in a research report on Friday, August 2nd. Citigroup boosted their price objective on shares of ExlService from $38.00 to $46.00 and gave the stock a “buy” rating in a research note on Monday, October 14th. Finally, Robert W. Baird raised their target price on shares of ExlService from $35.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, October 10th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $40.86.

ExlService Stock Performance

EXLS stock traded down $0.48 during mid-day trading on Friday, hitting $38.60. 775,996 shares of the company were exchanged, compared to its average volume of 941,627. ExlService Holdings, Inc. has a 1-year low of $25.34 and a 1-year high of $40.77. The stock has a market capitalization of $6.47 billion, a PE ratio of 35.74, a price-to-earnings-growth ratio of 2.05 and a beta of 1.00. The business has a 50 day simple moving average of $37.45 and a 200-day simple moving average of $33.45. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.30.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. The firm had revenue of $448.40 million for the quarter, compared to analyst estimates of $444.61 million. ExlService had a return on equity of 22.92% and a net margin of 10.45%. The company’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.31 EPS. On average, equities analysts forecast that ExlService Holdings, Inc. will post 1.28 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Rohit Kapoor sold 40,000 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $34.05, for a total value of $1,362,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,509,588 shares in the company, valued at approximately $51,401,471.40. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, CEO Rohit Kapoor sold 40,000 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $34.05, for a total value of $1,362,000.00. Following the transaction, the chief executive officer now owns 1,509,588 shares in the company, valued at approximately $51,401,471.40. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Vivek Jetley sold 2,015 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $35.75, for a total value of $72,036.25. Following the completion of the transaction, the insider now directly owns 326,642 shares of the company’s stock, valued at approximately $11,677,451.50. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 134,875 shares of company stock worth $4,716,859 in the last quarter. Corporate insiders own 3.75% of the company’s stock.

ExlService Company Profile

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.