Copper Rock Capital Partners Lowers stake in ExlService Holdings (EXLS)

ExlService Holdings (EXLS) : Copper Rock Capital Partners reduced its stake in ExlService Holdings by 0.48% during the most recent quarter end. The investment management company now holds a total of 554,417 shares of ExlService Holdings which is valued at $28.1 Million after selling 2,672 shares in ExlService Holdings according to a report filed by the company on Apr 5, 2016 with the SEC.ExlService Holdings makes up approximately 2.47% of Copper Rock Capital Partners’s portfolio.

On the company’s financial health, ExlService Holdings reported $0.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Feb 23, 2016. Analyst had a consensus of $0.53. The company had revenue of $165.86 million for the quarter, compared to analysts expectations of $162.92 million. The company’s revenue was up 22.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS.

Many Wall Street Analysts have commented on ExlService Holdings. Needham Upgraded ExlService Holdings on Feb 24, 2016 to ” Buy”, Price Target of the shares are set at $56.

ExlService Holdings closed down -0.35 points or -0.68% at $50.75 with 1,56,935 shares getting traded on Monday. Post opening the session at $51.22, the shares hit an intraday low of $50.67 and an intraday high of $51.26 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

ExlService Holdings Inc. (EXL) provides business process solutions. The Company’s business is divided into two reporting segments: Operations Management (previously Outsourcing Services) and Analytics and Business Transformation (previously Transformation Services). It provides Operations Management solutions to sectors including insurance healthcare utilities banking and financial services and travel transportation and logistics sectors as well as cross-industry operations management solutions such as finance and accounting services. Its Analytics and Business Transformation services include its Analytics Operations Consulting and Finance Transformation services. Its global delivery network spreads across the United States Europe and Asia. It operates 19 operations centers in India six operations centers in the United States five operations centers in the Philippines and one operations center in each of Bulgaria Romania and the Czech Republic.

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