Atlas Capital Advisors Inc. Has $26,000 Stock Holdings in Genpact Limited (NYSE:G)

Atlas Capital Advisors Inc. raised its position in Genpact Limited (NYSE:G) by 55.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 603 shares of the business services provider’s stock after buying an additional 216 shares during the period. Atlas Capital Advisors Inc.’s holdings in Genpact were worth $26,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SRH Advisors LLC bought a new stake in shares of Genpact during the fourth quarter worth approximately $26,000. Manchester Capital Management LLC acquired a new stake in Genpact during the 4th quarter worth $38,000. Smartleaf Asset Management LLC raised its position in shares of Genpact by 416.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 971 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 783 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of Genpact by 55.7% in the 4th quarter. UMB Bank n.a. now owns 1,210 shares of the business services provider’s stock valued at $52,000 after purchasing an additional 433 shares during the period. Finally, J.Safra Asset Management Corp boosted its position in shares of Genpact by 38.8% in the 4th quarter. J.Safra Asset Management Corp now owns 1,622 shares of the business services provider’s stock worth $69,000 after purchasing an additional 453 shares during the last quarter. Institutional investors own 96.03% of the company’s stock.

Insider Activity at Genpact

In related news, CEO Balkrishan Kalra sold 13,600 shares of Genpact stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $48.89, for a total value of $664,904.00. Following the sale, the chief executive officer now owns 310,246 shares of the company’s stock, valued at approximately $15,167,926.94. The trade was a 4.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Piyush Mehta sold 12,000 shares of the company’s stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $42.83, for a total value of $513,960.00. Following the sale, the senior vice president now owns 151,182 shares in the company, valued at $6,475,125.06. The trade was a 7.35 % decrease in their position. The disclosure for this sale can be found here. 2.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on G shares. Needham & Company LLC upped their price objective on Genpact from $55.00 to $65.00 and gave the company a “buy” rating in a report on Friday, February 7th. TD Cowen upgraded shares of Genpact from a “hold” rating to a “buy” rating and increased their price target for the company from $45.00 to $60.00 in a research report on Friday, February 7th. Jefferies Financial Group raised shares of Genpact from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $44.00 to $55.00 in a research note on Tuesday, January 21st. Finally, Mizuho upped their target price on shares of Genpact from $45.00 to $55.00 and gave the company a “neutral” rating in a research note on Monday, February 10th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $48.44.

Genpact Stock Performance

Shares of G stock opened at $47.08 on Friday. The company has a market capitalization of $8.27 billion, a P/E ratio of 16.58, a price-to-earnings-growth ratio of 1.84 and a beta of 1.06. Genpact Limited has a 52 week low of $30.23 and a 52 week high of $56.76. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.85 and a current ratio of 2.16. The company’s 50 day moving average price is $51.20 and its two-hundred day moving average price is $45.44.

Genpact (NYSE:G) last posted its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.82 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.04). Genpact had a net margin of 10.77% and a return on equity of 22.50%. On average, analysts expect that Genpact Limited will post 3.21 earnings per share for the current fiscal year.

Genpact Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Tuesday, March 11th were issued a dividend of $0.17 per share. The ex-dividend date was Tuesday, March 11th. This is an increase from Genpact’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.44%. Genpact’s dividend payout ratio (DPR) is presently 23.94%.

Genpact Profile

Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims.