United Services Automobile Association Has $473,000 Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

United Services Automobile Association trimmed its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,667 shares of the business services provider’s stock after selling 284 shares during the period. United Services Automobile Association’s holdings in ExlService were worth $473,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Natixis Advisors LLC raised its holdings in shares of ExlService by 5.5% in the 3rd quarter. Natixis Advisors LLC now owns 55,122 shares of the business services provider’s stock valued at $2,103,000 after purchasing an additional 2,896 shares during the period. Pathstone Holdings LLC increased its position in ExlService by 0.8% during the third quarter. Pathstone Holdings LLC now owns 49,950 shares of the business services provider’s stock worth $1,906,000 after buying an additional 405 shares during the last quarter. Intech Investment Management LLC bought a new stake in ExlService in the third quarter valued at approximately $1,194,000. Charles Schwab Investment Management Inc. lifted its position in shares of ExlService by 0.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,161,153 shares of the business services provider’s stock valued at $82,448,000 after buying an additional 9,775 shares during the last quarter. Finally, Pitcairn Co. boosted its stake in shares of ExlService by 47.8% during the 3rd quarter. Pitcairn Co. now owns 27,572 shares of the business services provider’s stock worth $1,052,000 after acquiring an additional 8,913 shares during the period. 92.92% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

ExlService Stock Performance

NASDAQ EXLS opened at $46.48 on Tuesday. ExlService Holdings, Inc. has a 12-month low of $28.16 and a 12-month high of $52.43. The firm has a 50-day moving average price of $48.70 and a two-hundred day moving average price of $44.52. The company has a market capitalization of $7.54 billion, a P/E ratio of 40.77, a P/E/G 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.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings data 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). The company had revenue of $481.43 million for the quarter, compared to the consensus estimate of $475.68 million. ExlService had a return on equity of 23.23% and a net margin of 10.61%. Analysts anticipate that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Ajay Ayyappan sold 16,186 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $51.50, for a total transaction of $833,579.00. Following the completion of the sale, the executive vice president now owns 40,986 shares of the company’s stock, valued at approximately $2,110,779. This represents a 28.31 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Maurizio Nicolelli sold 13,753 shares of ExlService stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $49.14, for a total transaction of $675,822.42. Following the completion of the transaction, the chief financial officer now directly owns 194,440 shares in the company, valued at $9,554,781.60. This trade represents a 6.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 47,351 shares of company stock valued at $2,337,284 over the last quarter. 4.16% of the stock is owned by company 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.