Deutsche Bank AG Has $7.77 Million Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

Deutsche Bank AG lifted its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 175,050 shares of the business services provider’s stock after purchasing an additional 955 shares during the period. Deutsche Bank AG’s holdings in ExlService were worth $7,769,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Mather Group LLC. acquired a new stake in ExlService in the 4th quarter valued at approximately $25,000. Kestra Investment Management LLC acquired a new position in shares of ExlService during the fourth quarter worth approximately $26,000. VisionPoint Advisory Group LLC bought a new stake in shares of ExlService in the fourth quarter valued at approximately $58,000. Johnson Financial Group Inc. acquired a new stake in shares of ExlService in the fourth quarter worth $85,000. Finally, UMB Bank n.a. grew its stake in shares of ExlService by 17.6% in the fourth quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider’s stock worth $85,000 after acquiring an additional 288 shares during the last quarter. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Trading Down 0.3%

Shares of ExlService stock opened at $46.07 on Friday. ExlService Holdings, Inc. has a 52-week low of $28.59 and a 52-week high of $52.43. The firm has a market capitalization of $7.50 billion, a PE ratio of 40.41, a price-to-earnings-growth ratio of 2.11 and a beta of 0.86. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.02 and a quick ratio of 3.02. The company’s fifty day moving average price is $45.65 and its two-hundred day moving average price is $46.52.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, April 29th. The business services provider reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.03. ExlService had a net margin of 10.61% and a return on equity of 23.23%. The business had revenue of $501.02 million for the quarter, compared to analyst estimates of $489.66 million. During the same period in the previous year, the business earned $0.38 EPS. The firm’s revenue was up 14.8% on a year-over-year basis. On average, analysts expect that ExlService Holdings, Inc. will post 1.27 EPS for the current year.

Analysts Set New Price Targets

EXLS has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their target price on shares of ExlService from $52.00 to $53.00 and gave the company an “overweight” rating in a research note on Thursday, May 1st. StockNews.com upgraded shares of ExlService from a “hold” rating to a “buy” rating in a report on Friday, May 9th. Needham & Company LLC upped their price objective on shares of ExlService from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, February 27th. Stifel Nicolaus lifted their target price on ExlService from $48.00 to $54.00 and gave the stock a “buy” rating in a research report on Thursday, February 27th. Finally, Jefferies Financial Group boosted their price target on ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $52.33.

Insider Buying and Selling at ExlService

In other ExlService news, insider Vikas Bhalla sold 25,000 shares of ExlService stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $46.11, for a total transaction of $1,152,750.00. Following the completion of the transaction, the insider now directly owns 135,046 shares of the company’s stock, valued at approximately $6,226,971.06. This trade represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ajay Ayyappan sold 1,865 shares of the business’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $48.32, for a total transaction of $90,116.80. Following the completion of the sale, the executive vice president now owns 40,986 shares in the company, valued at $1,980,443.52. This represents a 4.35% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 56,992 shares of company stock valued at $2,673,620. 4.04% of the stock is currently owned by corporate insiders.

ExlService 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.