Natixis Advisors LLC Sells 57,935 Shares of Genpact Limited $G

Natixis Advisors LLC trimmed its position in shares of Genpact Limited (NYSE:G) by 30.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 134,553 shares of the business services provider’s stock after selling 57,935 shares during the period. Natixis Advisors LLC owned approximately 0.08% of Genpact worth $6,294,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. GAMMA Investing LLC grew its stake in shares of Genpact by 2.6% in the 4th 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 period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Genpact by 47.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 823 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 265 shares during the period. Verdence Capital Advisors LLC grew its stake in shares of Genpact by 2.3% in the 4th quarter. Verdence Capital Advisors LLC now owns 12,082 shares of the business services provider’s stock valued at $565,000 after purchasing an additional 271 shares during the period. AlphaCore Capital LLC grew its stake in shares of 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 purchasing an additional 272 shares during the period. Finally, Flynn Zito Capital Management LLC grew its stake in shares of 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 purchasing an additional 288 shares during the period. 96.03% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Mizuho lowered their price objective on Genpact from $49.00 to $39.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Needham & Company LLC reiterated a “buy” rating and issued a $50.00 price objective on shares of Genpact in a research note on Friday, May 8th. Citigroup lowered their price objective on Genpact from $43.00 to $35.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Genpact in a research note on Friday, May 8th. Finally, Robert W. Baird lowered their price objective on Genpact from $54.00 to $45.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. One investment analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $43.29.

Genpact Stock Down 0.7%

Shares of G opened at $32.41 on Tuesday. The company has a market capitalization of $5.49 billion, a P/E ratio of 9.94, a PEG ratio of 0.92 and a beta of 0.59. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.69 and a quick ratio of 1.69. Genpact Limited has a one year low of $28.78 and a one year high of $48.64. The business’s 50 day simple moving average is $34.06 and its 200-day simple moving average is $39.92.

Genpact (NYSE:G) last announced its earnings results on Tuesday, March 31st. The business services provider reported $0.98 EPS for the quarter. The business had revenue of $1.30 billion for the quarter. Genpact had a return on equity of 22.70% and a net margin of 11.04%. As a group, sell-side analysts predict that Genpact Limited will post 3.64 EPS for the current fiscal year.

Genpact Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Wednesday, June 10th will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Wednesday, June 10th. 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.