Collaborative Fund Advisors LLC Buys New Position in Genpact Limited $G

Collaborative Fund Advisors LLC bought a new stake in Genpact Limited (NYSE:G) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 45,390 shares of the business services provider’s stock, valued at approximately $1,691,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of G. Osbon Capital Management LLC acquired a new stake in shares of Genpact during the fourth quarter worth about $25,000. iSAM Funds UK Ltd purchased a new stake in Genpact during the 3rd quarter worth approximately $29,000. Johnson Financial Group Inc. purchased a new stake in Genpact during the 3rd quarter worth approximately $29,000. V Square Quantitative Management LLC purchased a new stake in Genpact during the 4th quarter worth approximately $30,000. Finally, Larson Financial Group LLC lifted its holdings in Genpact by 428.4% during the 4th quarter. Larson Financial Group LLC now owns 708 shares of the business services provider’s stock worth $33,000 after buying an additional 574 shares in the last quarter. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

Genpact Stock Down 0.0%

Shares of NYSE:G opened at $29.09 on Monday. Genpact Limited has a fifty-two week low of $26.85 and a fifty-two week high of $48.64. The firm’s 50 day moving average price is $31.35 and its 200 day moving average price is $37.82. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.47. The stock has a market cap of $4.93 billion, a price-to-earnings ratio of 8.92, a price-to-earnings-growth ratio of 0.82 and a beta of 0.61.

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

Genpact Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Wednesday, June 10th were paid a dividend of $0.1875 per share. The ex-dividend date was Wednesday, June 10th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.6%. Genpact’s payout ratio is presently 23.01%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on G shares. Wall Street Zen cut shares of Genpact from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Citigroup reduced their price objective on Genpact from $43.00 to $35.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Weiss Ratings lowered Genpact from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, June 24th. Susquehanna lowered their target price on Genpact from $42.00 to $37.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Finally, Mizuho cut their price target on Genpact from $49.00 to $39.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. One research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $43.29.

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.