SG Americas Securities LLC Has $8.29 Million Stock Holdings in Genpact Limited $G

SG Americas Securities LLC boosted its position in Genpact Limited (NYSE:G) by 318.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 222,669 shares of the business services provider’s stock after acquiring an additional 169,513 shares during the quarter. SG Americas Securities LLC owned 0.13% of Genpact worth $8,294,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Osbon Capital Management LLC bought a new position in Genpact in the fourth quarter valued at about $25,000. V Square Quantitative Management LLC bought a new position in shares of Genpact in the fourth quarter worth about $30,000. iSAM Funds UK Ltd bought a new position in shares of Genpact in the third quarter worth about $29,000. Johnson Financial Group Inc. acquired a new stake in shares of Genpact in the 3rd quarter valued at approximately $29,000. Finally, Larson Financial Group LLC boosted its stake in shares of Genpact by 428.4% in the 4th quarter. Larson Financial Group LLC now owns 708 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 574 shares in the last quarter. Institutional investors and hedge funds own 96.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on G. Susquehanna lowered their price objective on shares of Genpact from $42.00 to $37.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Weiss Ratings lowered shares of Genpact from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday. Citigroup decreased their target price on shares of Genpact from $43.00 to $35.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Robert W. Baird dropped their price target on Genpact from $54.00 to $45.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Finally, Mizuho cut 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. One analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Genpact has an average rating of “Hold” and an average price target of $43.29.

Genpact Trading Up 3.3%

NYSE G opened at $28.58 on Friday. The firm has a market capitalization of $4.84 billion, a PE ratio of 8.77, a price-to-earnings-growth ratio of 0.81 and a beta of 0.58. The business’s 50-day moving average price is $32.19 and its two-hundred day moving average price is $38.52. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.47. Genpact Limited has a 12 month low of $27.36 and a 12 month high of $48.64.

Genpact (NYSE:G) last posted its quarterly earnings data on Tuesday, March 31st. The business services provider reported $0.98 EPS for the quarter. Genpact had a return on equity of 22.70% and a net margin of 11.04%.The company had revenue of $1.30 billion for the quarter. On average, analysts expect that Genpact Limited will post 3.64 EPS for the current year.

Genpact Dividend Announcement

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

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.