Thrivent Financial for Lutherans Has $104.81 Million Stake in ExlService Holdings, Inc. (NASDAQ:EXLS)

Thrivent Financial for Lutherans lifted its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,747,332 shares of the business services provider’s stock after purchasing an additional 21,358 shares during the quarter. Thrivent Financial for Lutherans owned 1.71% of ExlService worth $104,810,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. RiverPark Advisors LLC lifted its position in ExlService by 22.4% during the 3rd quarter. RiverPark Advisors LLC now owns 9,949 shares of the business services provider’s stock worth $380,000 after buying an additional 1,818 shares in the last quarter. Mutual of America Capital Management LLC increased its holdings in shares of ExlService by 16.4% in the third quarter. Mutual of America Capital Management LLC now owns 199,799 shares of the business services provider’s stock valued at $7,622,000 after purchasing an additional 28,158 shares during the last quarter. Natixis Advisors LLC raised its holdings in 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 acquiring an additional 2,896 shares during the period. Sheaff Brock Investment Advisors LLC lifted its holdings in ExlService by 2.4% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 45,398 shares of the business services provider’s stock worth $1,732,000 after purchasing an additional 1,066 shares during the last quarter. Finally, Zions Bancorporation N.A. grew its stake in shares of ExlService by 17.4% in the third quarter. Zions Bancorporation N.A. now owns 59,963 shares of the business services provider’s stock valued at $2,288,000 after acquiring an additional 8,885 shares in the last quarter. Institutional investors own 92.92% of the company’s stock.

ExlService Stock Performance

Shares of EXLS opened at $44.69 on Monday. The stock has a market capitalization of $7.19 billion, a P/E ratio of 39.20, a price-to-earnings-growth ratio of 2.17 and a beta of 0.99. 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 firm’s fifty day simple moving average is $39.75 and its two-hundred day simple moving average is $34.98. ExlService Holdings, Inc. has a 12 month low of $27.27 and a 12 month high of $47.32.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings results on Tuesday, October 29th. The business services provider reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. The firm had revenue of $472.07 million during the quarter, compared to the consensus estimate of $460.73 million. ExlService had a net margin of 10.61% and a return on equity of 23.23%. The business’s revenue was up 14.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.30 earnings per share. As a group, analysts predict that ExlService Holdings, Inc. will post 1.27 EPS for the current year.

Wall Street Analysts Forecast Growth

EXLS has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on ExlService from $38.00 to $41.00 and gave the stock an “overweight” rating in a research note on Friday, September 6th. Needham & Company LLC raised their price target on ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Robert W. Baird upped their price objective on shares of ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. StockNews.com raised shares of ExlService from a “hold” rating to a “buy” rating in a report on Wednesday, November 13th. Finally, Jefferies Financial Group raised shares of ExlService from a “hold” rating to a “buy” rating and upped their price target for the stock from $35.00 to $42.00 in a report on Monday, September 9th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $42.86.

Insider Transactions at ExlService

In other ExlService news, CEO Rohit Kapoor sold 100,000 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $41.45, for a total value of $4,145,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,290,240 shares of the company’s stock, valued at approximately $53,480,448. This represents a 7.19 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Anita Mahon sold 25,670 shares of ExlService stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $35.50, for a total transaction of $911,285.00. Following the transaction, the executive vice president now directly owns 68,857 shares in the company, valued at approximately $2,444,423.50. This represents a 27.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 483,483 shares of company stock valued at $20,737,537 over the last ninety days. 4.16% of the stock is owned by company insiders.

About ExlService

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.