Great West Life Assurance Co. Can Has $5.86 Million Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

Great West Life Assurance Co. Can raised its position in ExlService Holdings, Inc. (NASDAQ:EXLS – Get Rating) by 22.0% in the third quarter, HoldingsChannel.com reports. The fund owned 39,858 shares of the business services provider’s stock after purchasing an additional 7,185 shares during the quarter. Great West Life Assurance Co. Can’s holdings in ExlService were worth $5,856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its stake in shares of ExlService by 62.7% during the 2nd quarter. Parallel Advisors LLC now owns 179 shares of the business services provider’s stock worth $26,000 after buying an additional 69 shares during the last quarter. Wipfli Financial Advisors LLC acquired a new stake in shares of ExlService during the 3rd quarter worth about $29,000. Assetmark Inc. acquired a new stake in shares of ExlService during the 2nd quarter worth about $39,000. Meeder Asset Management Inc. lifted its stake in shares of ExlService by 32.4% during the 2nd quarter. Meeder Asset Management Inc. now owns 294 shares of the business services provider’s stock worth $43,000 after buying an additional 72 shares during the last quarter. Finally, Ronald Blue Trust Inc. acquired a new stake in shares of ExlService during the 2nd quarter worth about $45,000. Institutional investors and hedge funds own 95.84% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Needham & Company LLC raised their price target on shares of ExlService from $190.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, October 28th. JPMorgan Chase & Co. raised their price target on shares of ExlService from $190.00 to $195.00 in a research report on Thursday, December 15th. StockNews.com lowered shares of ExlService from a “buy” rating to a “hold” rating in a research report on Friday. Citigroup raised their price target on shares of ExlService from $140.00 to $145.00 in a research report on Friday, October 28th. Finally, Cowen raised their price target on shares of ExlService to $175.00 in a research report on Tuesday, November 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $167.71.

Insider Buying and Selling

In related news, EVP Nalin Kumar Miglani sold 2,750 shares of ExlService stock in a transaction that occurred on Tuesday, January 17th. The shares were sold at an average price of $173.69, for a total transaction of $477,647.50. Following the sale, the executive vice president now directly owns 4,294 shares in the company, valued at approximately $745,824.86. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, SVP Ajay Ayyappan sold 389 shares of the business’s stock in a transaction that occurred on Wednesday, December 14th. The shares were sold at an average price of $177.08, for a total value of $68,884.12. Following the transaction, the senior vice president now owns 5,365 shares in the company, valued at approximately $950,034.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Nalin Kumar Miglani sold 2,750 shares of the business’s stock in a transaction that occurred on Tuesday, January 17th. The stock was sold at an average price of $173.69, for a total transaction of $477,647.50. Following the completion of the transaction, the executive vice president now owns 4,294 shares in the company, valued at approximately $745,824.86. The disclosure for this sale can be found here. Insiders have sold a total of 10,035 shares of company stock worth $1,806,792 in the last ninety days. Company insiders own 3.51% of the company’s stock.

ExlService Trading Up 2.1 %

Shares of ExlService stock opened at $169.36 on Friday. The firm has a market capitalization of $5.60 billion, a PE ratio of 41.11, a price-to-earnings-growth ratio of 1.93 and a beta of 1.02. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.33. The firm’s 50 day moving average is $176.00 and its 200 day moving average is $168.86. ExlService Holdings, Inc. has a 1 year low of $112.14 and a 1 year high of $191.18.

ExlService (NASDAQ:EXLS – Get Rating) last announced its quarterly earnings results on Thursday, October 27th. The business services provider reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.13. The company had revenue of $361.35 million for the quarter, compared to analyst estimates of $345.71 million. ExlService had a net margin of 10.46% and a return on equity of 22.52%. Equities research analysts forecast that ExlService Holdings, Inc. will post 4.84 earnings per share for the current fiscal year.

ExlService Profile

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ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. It operates through Insurance, Healthcare, Analytics, and Emerging Business segments. The company provides digital operations and solutions and analytics-driven services across the insurance industry in areas, 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.