Kestra Advisory Services LLC Boosts Holdings in Genpact Limited $G

Kestra Advisory Services LLC grew its stake in Genpact Limited (NYSE:G) by 1,691.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,590 shares of the business services provider’s stock after purchasing an additional 23,217 shares during the quarter. Kestra Advisory Services LLC’s holdings in Genpact were worth $916,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Qsemble Capital Management LP acquired a new stake in Genpact in the 4th quarter worth about $3,258,000. Northstar Advisory Group LLC acquired a new position in shares of Genpact during the fourth quarter valued at approximately $1,548,000. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Genpact by 145.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 89,835 shares of the business services provider’s stock valued at $4,271,000 after acquiring an additional 53,294 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Genpact by 30.6% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 145,336 shares of the business services provider’s stock valued at $6,810,000 after acquiring an additional 34,039 shares in the last quarter. Finally, Beaumont Financial Advisors LLC lifted its position in shares of Genpact by 19.6% in the fourth quarter. Beaumont Financial Advisors LLC now owns 82,048 shares of the business services provider’s stock valued at $3,838,000 after acquiring an additional 13,425 shares in the last quarter. Hedge funds and other institutional investors own 96.03% of the company’s stock.

Genpact Trading Up 3.0%

Shares of Genpact stock opened at $31.28 on Friday. The stock has a market cap of $5.30 billion, a P/E ratio of 9.60, a P/E/G ratio of 0.86 and a beta of 0.61. The stock’s 50 day simple moving average is $30.59 and its 200-day simple moving average is $36.05. Genpact Limited has a 1-year low of $26.85 and a 1-year high of $48.64. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.69 and a quick ratio of 1.69.

Genpact (NYSE:G) last posted its quarterly earnings results on Tuesday, March 31st. The business services provider reported $0.98 earnings per share (EPS) for the quarter. Genpact had a return on equity of 22.70% and a net margin of 11.04%.The business had revenue of $1.30 billion during the quarter. Analysts predict that Genpact Limited will post 3.64 EPS for the current fiscal year.

Genpact Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be issued a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, September 10th. Genpact’s dividend payout ratio is presently 23.01%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on G. Susquehanna lowered their price target on Genpact from $42.00 to $37.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Mizuho decreased their price objective on Genpact from $49.00 to $39.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. TD Cowen decreased their price objective on Genpact from $47.00 to $42.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of Genpact in a research note on Friday, July 10th. Finally, Robert W. Baird dropped their target price on shares of Genpact from $45.00 to $38.00 and set a “neutral” rating for the company in a report on Tuesday, July 7th. Two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $40.25.

Genpact Profile

Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.

Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.

Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.