Visionary Asset Management Inc. Has $202,000 Position in Genpact Limited (G)

Visionary Asset Management Inc. lessened its position in shares of Genpact Limited (NYSE:G) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,492 shares of the business services provider’s stock after selling 447 shares during the quarter. Visionary Asset Management Inc.’s holdings in Genpact were worth $202,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in G. First Hawaiian Bank acquired a new stake in Genpact during the third quarter valued at $109,000. PNC Financial Services Group Inc. lifted its holdings in Genpact by 108.9% during the third quarter. PNC Financial Services Group Inc. now owns 3,887 shares of the business services provider’s stock valued at $120,000 after purchasing an additional 2,026 shares in the last quarter. SRS Capital Advisors Inc. lifted its holdings in Genpact by 88.6% during the second quarter. SRS Capital Advisors Inc. now owns 4,820 shares of the business services provider’s stock valued at $139,000 after purchasing an additional 2,264 shares in the last quarter. Toronto Dominion Bank lifted its holdings in Genpact by 17,596.8% during the third quarter. Toronto Dominion Bank now owns 5,486 shares of the business services provider’s stock valued at $168,000 after purchasing an additional 5,455 shares in the last quarter. Finally, Point72 Hong Kong Ltd lifted its holdings in Genpact by 286.9% during the second quarter. Point72 Hong Kong Ltd now owns 6,001 shares of the business services provider’s stock valued at $174,000 after purchasing an additional 4,450 shares in the last quarter. Institutional investors own 89.42% of the company’s stock.

NYSE:G opened at $27.99 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $5.29 billion, a PE ratio of 18.79, a price-to-earnings-growth ratio of 1.57 and a beta of 0.79. Genpact Limited has a twelve month low of $25.48 and a twelve month high of $34.79.



Genpact (NYSE:G) last issued its earnings results on Tuesday, November 6th. The business services provider reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. Genpact had a net margin of 9.31% and a return on equity of 22.26%. The company had revenue of $747.98 million for the quarter, compared to the consensus estimate of $754.93 million. During the same period in the previous year, the firm earned $0.46 earnings per share. Genpact’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, research analysts anticipate that Genpact Limited will post 1.57 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 19th. Shareholders of record on Monday, December 10th were paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date was Friday, December 7th. Genpact’s dividend payout ratio (DPR) is presently 20.13%.

G has been the topic of several recent analyst reports. Wells Fargo & Co set a $32.00 price objective on shares of Genpact and gave the company a “hold” rating in a report on Wednesday, November 7th. Zacks Investment Research downgraded shares of Genpact from a “hold” rating to a “sell” rating in a research note on Tuesday, October 9th. JPMorgan Chase & Co. decreased their price target on shares of Genpact from $33.00 to $32.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 24th. Cantor Fitzgerald reissued a “buy” rating and issued a $36.00 price target on shares of Genpact in a research note on Wednesday, November 7th. Finally, Cowen reissued a “buy” rating and issued a $35.00 price target on shares of Genpact in a research note on Wednesday, November 7th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. Genpact has an average rating of “Hold” and an average target price of $34.31.

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Genpact Company Profile

Genpact Limited provides business process outsourcing and information technology (IT) services North and Latin America, India, rest of Asia, and Europe. Its finance and accounting services include accounts payable, such as document management, invoice processing, approval and resolution management, and travel and expense processing; over-the counter services, including customer master data management, credit and contract management, fulfillment, billing, collections, and dispute management services; record to report services comprising accounting, treasury, tax, product cost accounting, and closing and reporting services; enterprise performance management consisting of budgeting, forecasting, and business performance reporting; and enterprise risk and compliance services, including operational risks and controls.

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Institutional Ownership by Quarter for Genpact (NYSE:G)

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