Universal Beteiligungs und Servicegesellschaft mbH reduced its position in Genpact Limited (NYSE:G – Free Report) by 15.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 111,297 shares of the business services provider’s stock after selling 20,340 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Genpact were worth $4,662,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Geode Capital Management LLC boosted its holdings in Genpact by 2.5% in the second quarter. Geode Capital Management LLC now owns 3,645,967 shares of the business services provider’s stock valued at $160,480,000 after purchasing an additional 90,541 shares during the last quarter. Nordea Investment Management AB raised its position in shares of Genpact by 60.2% in the 2nd quarter. Nordea Investment Management AB now owns 2,617,255 shares of the business services provider’s stock valued at $114,924,000 after purchasing an additional 983,774 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Genpact by 3.3% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,584,606 shares of the business services provider’s stock valued at $108,269,000 after buying an additional 82,918 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Genpact by 34.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,166,489 shares of the business services provider’s stock valued at $95,347,000 after buying an additional 551,269 shares during the last quarter. Finally, LSV Asset Management acquired a new stake in shares of Genpact during the second quarter worth approximately $71,592,000. 96.03% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
G has been the subject of several research analyst reports. Susquehanna started coverage on shares of Genpact in a research report on Friday, December 12th. They issued a “neutral” rating and a $50.00 target price for the company. Citigroup raised shares of Genpact to a “hold” rating in a report on Thursday, October 23rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Genpact in a report on Friday, December 26th. Finally, Wall Street Zen upgraded Genpact from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Two investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $50.50.
Genpact Trading Down 0.4%
NYSE:G opened at $45.28 on Wednesday. The stock’s 50-day moving average is $46.32 and its two-hundred day moving average is $43.93. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.51 and a quick ratio of 1.51. The stock has a market cap of $7.81 billion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 1.35 and a beta of 0.75. Genpact Limited has a fifty-two week low of $37.49 and a fifty-two week high of $56.76.
Genpact (NYSE:G – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The business services provider reported $0.97 EPS for the quarter, topping the consensus estimate of $0.90 by $0.07. The business had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Genpact had a net margin of 11.01% and a return on equity of 22.55%. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the company posted $0.85 earnings per share. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS and its Q4 2025 guidance at 0.930-0.940 EPS. As a group, equities research analysts forecast that Genpact Limited will post 3.21 earnings per share for the current fiscal year.
Insider Transactions at Genpact
In related news, SVP Sameer Dewan sold 26,531 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $44.70, for a total transaction of $1,185,935.70. Following the completion of the sale, the senior vice president directly owned 62,617 shares in the company, valued at approximately $2,798,979.90. This trade represents a 29.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Riju Vashisht sold 16,016 shares of the business’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $46.65, for a total value of $747,146.40. Following the completion of the transaction, the senior vice president owned 95,521 shares in the company, valued at $4,456,054.65. This trade represents a 14.36% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 60,385 shares of company stock valued at $2,762,475. 2.80% of the stock is owned by insiders.
About Genpact
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.
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