Janus Henderson Group PLC Has $5.71 Million Stock Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

Janus Henderson Group PLC lowered its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 3.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 128,530 shares of the business services provider’s stock after selling 4,792 shares during the quarter. Janus Henderson Group PLC owned approximately 0.08% of ExlService worth $5,705,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Mather Group LLC. bought a new stake in ExlService during the 4th quarter worth about $25,000. Kestra Investment Management LLC acquired a new stake in shares of ExlService during the 4th quarter worth approximately $26,000. VisionPoint Advisory Group LLC acquired a new stake in shares of ExlService during the 4th quarter worth approximately $58,000. Johnson Financial Group Inc. bought a new stake in shares of ExlService during the fourth quarter worth approximately $85,000. Finally, UMB Bank n.a. lifted its holdings in ExlService by 17.6% in the fourth 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. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Stock Performance

Shares of ExlService stock opened at $46.07 on Monday. The stock’s fifty day simple moving average is $45.65 and its 200 day simple moving average is $46.55. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $7.50 billion, a PE ratio of 40.41, a PEG ratio of 2.11 and a beta of 0.86. ExlService Holdings, Inc. has a 12 month low of $28.59 and a 12 month high of $52.43.

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

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other news, EVP Ajay Ayyappan sold 4,989 shares of the stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $50.70, for a total transaction of $252,942.30. Following the completion of the sale, the executive vice president now owns 40,986 shares of the company’s stock, valued at $2,077,990.20. This represents a 10.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Anita Mahon sold 10,558 shares of the business’s 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 directly owns 94,443 shares in the company, valued at $4,336,822.56. This represents a 10.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 56,992 shares of company stock worth $2,673,620. Company insiders own 4.04% 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.