Versor Investments LP Makes New $963,000 Investment in Genpact Limited $G

Versor Investments LP purchased a new position in shares of Genpact Limited (NYSE:G) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 21,892 shares of the business services provider’s stock, valued at approximately $963,000.

Several other institutional investors also recently added to or reduced their stakes in G. Cornerstone Planning Group LLC acquired a new position in Genpact during the first quarter worth approximately $27,000. Richardson Financial Services Inc. acquired a new position in Genpact during the first quarter worth approximately $35,000. Steph & Co. acquired a new position in shares of Genpact in the second quarter valued at approximately $37,000. SVB Wealth LLC acquired a new position in shares of Genpact in the first quarter valued at approximately $41,000. Finally, Kestra Investment Management LLC acquired a new position in shares of Genpact in the first quarter valued at approximately $56,000. Institutional investors and hedge funds own 96.03% of the company’s stock.

Genpact Stock Down 0.1%

Genpact stock opened at $38.09 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.53 and a quick ratio of 1.53. Genpact Limited has a 1-year low of $37.73 and a 1-year high of $56.76. The company has a market cap of $6.64 billion, a PE ratio of 12.65, a price-to-earnings-growth ratio of 1.31 and a beta of 0.89. The stock’s 50 day moving average price is $41.69 and its 200 day moving average price is $43.57.

Genpact (NYSE:G) last posted its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.03. Genpact had a return on equity of 22.15% and a net margin of 10.92%.The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the business earned $0.79 earnings per share. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. On average, sell-side analysts predict that Genpact Limited will post 3.21 EPS for the current fiscal year.

Genpact Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 9th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, December 9th. Genpact’s payout ratio is presently 22.59%.

Analyst Ratings Changes

A number of research firms have recently issued reports on G. Needham & Company LLC boosted their target price on Genpact from $50.00 to $53.00 and gave the company a “buy” rating in a report on Friday, August 8th. Deutsche Bank Aktiengesellschaft began coverage on Genpact in a report on Thursday, July 17th. They issued a “hold” rating and a $47.00 target price on the stock. JPMorgan Chase & Co. dropped their target price on Genpact from $55.00 to $50.00 and set a “neutral” rating on the stock in a report on Wednesday, August 20th. Citigroup raised Genpact to a “hold” rating in a report on Thursday, October 23rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Genpact in a report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $51.13.

Insiders Place Their Bets

In other Genpact news, SVP Piyush Mehta sold 76,902 shares of the business’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $42.58, for a total transaction of $3,274,487.16. Following the sale, the senior vice president directly owned 134,880 shares in the company, valued at approximately $5,743,190.40. The trade was a 36.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Balkrishan Kalra sold 55,000 shares of the business’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $43.36, for a total value of $2,384,800.00. Following the sale, the chief executive officer owned 295,246 shares in the company, valued at approximately $12,801,866.56. The trade was a 15.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.07% of the stock is currently owned by 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.