13,773 Shares in Genpact Limited (NYSE:G) Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. acquired a new position in Genpact Limited (NYSE:G) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 13,773 shares of the business services provider’s stock, valued at approximately $540,000.

Other institutional investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its stake in shares of Genpact by 34.2% during the second quarter. Dimensional Fund Advisors LP now owns 3,326,054 shares of the business services provider’s stock valued at $107,065,000 after purchasing an additional 847,249 shares during the period. Pzena Investment Management LLC boosted its position in Genpact by 130.3% in the 2nd quarter. Pzena Investment Management LLC now owns 1,163,870 shares of the business services provider’s stock valued at $37,465,000 after buying an additional 658,560 shares during the period. Los Angeles Capital Management LLC bought a new position in Genpact in the 3rd quarter worth about $19,779,000. Tandem Investment Advisors Inc. purchased a new position in shares of Genpact during the third quarter worth approximately $17,025,000. Finally, Vulcan Value Partners LLC raised its stake in shares of Genpact by 22.2% during the second quarter. Vulcan Value Partners LLC now owns 1,567,428 shares of the business services provider’s stock valued at $50,456,000 after acquiring an additional 284,842 shares in the last quarter. Institutional investors own 96.03% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on G. Robert W. Baird raised their price objective on Genpact from $44.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Needham & Company LLC raised their price target on Genpact from $42.00 to $55.00 and gave the company a “buy” rating in a research note on Monday, November 11th. TD Cowen upped their price objective on shares of Genpact from $40.00 to $45.00 and gave the stock a “hold” rating in a research note on Friday, November 8th. BMO Capital Markets raised their target price on shares of Genpact from $38.00 to $42.00 and gave the company a “market perform” rating in a research report on Monday, August 12th. Finally, Jefferies Financial Group upped their price target on shares of Genpact from $35.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, September 9th. Eight equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $42.33.

Genpact Trading Up 0.8 %

NYSE:G opened at $46.19 on Friday. The stock has a market capitalization of $8.15 billion, a price-to-earnings ratio of 12.69, a PEG ratio of 1.58 and a beta of 1.13. Genpact Limited has a 52 week low of $30.23 and a 52 week high of $47.98. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.50. The firm has a 50 day moving average of $40.38 and a 200 day moving average of $36.50.

Genpact Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 9th will be given a $0.1525 dividend. The ex-dividend date is Monday, December 9th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.32%. Genpact’s payout ratio is 16.76%.

About Genpact

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.