Arbejdsmarkedets Tillaegspension Acquires 121,870 Shares of Genpact Limited $G

Arbejdsmarkedets Tillaegspension increased its holdings in shares of Genpact Limited (NYSE:G) by 24.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 630,151 shares of the business services provider’s stock after purchasing an additional 121,870 shares during the quarter. Arbejdsmarkedets Tillaegspension’s holdings in Genpact were worth $23,473,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Robert W. Baird lowered their target price on shares of Genpact from $45.00 to $38.00 and set a “neutral” rating on the stock in a report on Tuesday, July 7th. Citigroup cut their target price on shares of Genpact from $43.00 to $35.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Needham & Company LLC reiterated a “buy” rating and issued a $50.00 price target on shares of Genpact in a report on Friday, May 8th. Mizuho decreased their price target 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. Finally, TD Cowen dropped their price objective on shares of Genpact from $47.00 to $42.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Two research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Genpact presently has a consensus rating of “Hold” and an average price target of $40.25.

Genpact Trading Up 3.8%

Shares of G opened at $30.50 on Tuesday. The stock has a market capitalization of $5.17 billion, a PE ratio of 9.35, a P/E/G ratio of 0.83 and a beta of 0.61. The company’s fifty day moving average is $30.80 and its 200 day moving average is $37.04. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.69 and a current ratio of 1.69. Genpact Limited has a fifty-two week low of $26.85 and a fifty-two week high of $48.64.

Genpact (NYSE:G) last released its quarterly earnings data 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 business had revenue of $1.30 billion during the quarter. Sell-side analysts expect that Genpact Limited will post 3.64 earnings per share for the current fiscal year.

Genpact Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Wednesday, June 10th were issued a $0.1875 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.5%. Genpact’s dividend payout ratio (DPR) is presently 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.