Thrivent Financial for Lutherans Has $106.42 Million Stock Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

Thrivent Financial for Lutherans trimmed its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 12.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,397,564 shares of the business services provider’s stock after selling 349,768 shares during the quarter. Thrivent Financial for Lutherans’ holdings in ExlService were worth $106,424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its holdings in ExlService by 46.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 20,660 shares of the business services provider’s stock worth $788,000 after purchasing an additional 6,519 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its stake in ExlService by 18.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 23,529 shares of the business services provider’s stock valued at $898,000 after purchasing an additional 3,721 shares during the last quarter. KBC Group NV lifted its position in shares of ExlService by 16.0% during the third quarter. KBC Group NV now owns 5,071 shares of the business services provider’s stock worth $193,000 after acquiring an additional 699 shares in the last quarter. Huntington National Bank lifted its position in shares of ExlService by 2,827.5% during the third quarter. Huntington National Bank now owns 1,171 shares of the business services provider’s stock worth $45,000 after acquiring an additional 1,131 shares in the last quarter. Finally, Natixis Advisors LLC lifted its position in shares of ExlService by 5.5% during the third quarter. Natixis Advisors LLC now owns 55,122 shares of the business services provider’s stock worth $2,103,000 after acquiring an additional 2,896 shares in the last quarter. 92.92% of the stock is owned by institutional investors.

Insider Transactions at ExlService

In related news, EVP Ajay Ayyappan sold 1,865 shares of ExlService 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 transaction, the executive vice president now owns 40,986 shares in the company, valued at approximately $1,980,443.52. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Maurizio Nicolelli sold 13,753 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $49.14, for a total transaction of $675,822.42. Following the transaction, the chief financial officer now directly owns 194,440 shares of the company’s stock, valued at $9,554,781.60. This trade represents a 6.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 47,351 shares of company stock worth $2,337,284 in the last 90 days. 4.16% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on EXLS shares. Needham & Company LLC upped their price target on shares of ExlService from $50.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, February 27th. Stifel Nicolaus raised their price objective on ExlService from $48.00 to $54.00 and gave the company a “buy” rating in a research note on Thursday, February 27th. StockNews.com upgraded shares of ExlService from a “hold” rating to a “buy” rating in a report on Sunday, February 2nd. Finally, Jefferies Financial Group increased their target price on shares of ExlService from $47.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, ExlService presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.38.

ExlService Price Performance

Shares of EXLS opened at $46.60 on Tuesday. The company has a market capitalization of $7.56 billion, a P/E ratio of 40.88, a price-to-earnings-growth ratio of 2.11 and a beta of 1.10. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37. The firm has a 50 day moving average of $48.55 and a 200 day moving average of $44.15. ExlService Holdings, Inc. has a twelve month low of $28.16 and a twelve month high of $52.43.

ExlService (NASDAQ:EXLS) last posted its earnings results on Tuesday, February 25th. The business services provider reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.08). ExlService had a return on equity of 23.23% and a net margin of 10.61%. The company had revenue of $481.43 million during the quarter, compared to the consensus estimate of $475.68 million. As a group, equities research analysts anticipate that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

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.