Collaborative Fund Advisors LLC Acquires Shares of 45,390 Genpact Limited $G

Collaborative Fund Advisors LLC bought a new position in Genpact Limited (NYSE:G) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 45,390 shares of the business services provider’s stock, valued at approximately $1,691,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. GAMMA Investing LLC increased its holdings in shares of Genpact by 2.6% in the fourth quarter. GAMMA Investing LLC now owns 9,637 shares of the business services provider’s stock valued at $451,000 after purchasing an additional 241 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Genpact by 47.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 823 shares of the business services provider’s stock worth $39,000 after buying an additional 265 shares during the last quarter. Verdence Capital Advisors LLC boosted its stake in Genpact by 2.3% during the fourth quarter. Verdence Capital Advisors LLC now owns 12,082 shares of the business services provider’s stock worth $565,000 after buying an additional 271 shares during the last quarter. AlphaCore Capital LLC grew its holdings in Genpact by 2.4% in the 4th quarter. AlphaCore Capital LLC now owns 11,634 shares of the business services provider’s stock valued at $544,000 after buying an additional 272 shares in the last quarter. Finally, Flynn Zito Capital Management LLC grew its holdings in Genpact by 4.9% in the 4th quarter. Flynn Zito Capital Management LLC now owns 6,142 shares of the business services provider’s stock valued at $287,000 after buying an additional 288 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Genpact Price Performance

NYSE:G opened at $29.09 on Monday. Genpact Limited has a 52 week low of $26.85 and a 52 week high of $48.64. The stock’s fifty day moving average is $31.35 and its two-hundred day moving average is $37.82. The company has a market capitalization of $4.93 billion, a P/E ratio of 8.92, a P/E/G ratio of 0.82 and a beta of 0.61. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.47.

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

Genpact Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Wednesday, June 10th were issued a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 2.6%. The ex-dividend date was Wednesday, June 10th. Genpact’s dividend payout ratio (DPR) is 23.01%.

Analyst Upgrades and Downgrades

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