Genpact Limited (NYSE:G)’s Stock Is Sell After More Market Selling

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Investors sentiment increased to 1.44 in 2019 Q1. Its up 0.70, from 0.74 in 2018Q4. It increased, as 13 investors sold Genpact Limited shares while 69 reduced holdings. 44 funds opened positions while 74 raised stakes. 164.79 million shares or 0.88% less from 166.25 million shares in 2018Q4 were reported.
Cipher Cap Limited Partnership reported 99,124 shares stake. Suntrust Banks Inc has 0% invested in Genpact Limited (NYSE:G) for 14,039 shares. Cornerstone Advsr Incorporated accumulated 0% or 139 shares. The California-based Aperio Grp Inc Ltd has invested 0.09% in Genpact Limited (NYSE:G). 24,981 were accumulated by Stifel Financial. Moreover, Leuthold Group Ltd has 0.43% invested in Genpact Limited (NYSE:G) for 90,092 shares. Greenleaf invested in 16,191 shares or 0.01% of the stock. Art Ltd Liability Com holds 0.13% or 59,615 shares. Bankshares Of Montreal Can holds 0% or 126,813 shares in its portfolio. Huntington Bancshares stated it has 930 shares or 0% of all its holdings. Northern Tru Corp reported 850,240 shares. New York State Common Retirement Fund invested in 0.03% or 739,013 shares. Legal And General Gp Public Limited Com has 116,551 shares for 0% of their portfolio. Putnam Invests Lc owns 21,510 shares. Aqr Cap Limited Liability Co invested in 0.01% or 400,276 shares.

The stock of Genpact Limited (NYSE:G) registered an increase of 91.06% in short interest. G’s total short interest was 1.60M shares in August as published by FINRA. Its up 91.06% from 836,900 shares, reported previously. With 1.05M shares average volume, it will take short sellers 2 days to cover their G’s short positions. The short interest to Genpact Limited’s float is 1.11%.

The stock increased 1.34% or $0.53 during the last trading session, reaching $40.22. About 2.82 million shares traded or 134.44% up from the average. Genpact Limited (NYSE:G) has risen 31.43% since August 15, 2018 and is uptrending. It has outperformed by 31.43% the S&P500.

Genpact Limited provides business process outsourcing and information technology management services worldwide. The company has market cap of $7.66 billion. The firm offers finance and accounting services, including accounts payable comprising document management, invoice processing, approval, resolution management, and T&E processing; order to cash services, such as customer master data management, credit and contract management, fulfillment, billing, collections, and dispute management services; record to report services consisting of accounting, closing and reporting, treasury, tax, and product cost accounting services; enterprise performance management, including budgeting, forecasting, business performance reporting, and analytics; and enterprise risk and compliance services comprising SOX advisory, enterprise risk management, internal audit, FCPA, and IT risk management services. It has a 27.18 P/E ratio. It also provides analytics and research services; core industry operation services; business and enterprise risk consulting services; transformation services; and supply chain and procurement services, including direct and indirect strategic sourcing, category management, spend analytics, procurement operations, master data management, and other procurement and supply chain advisory services.

Genpact Limited (NYSE:G) Ratings Coverage

Among 3 analysts covering Genpact (NYSE:G), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Genpact has $4700 highest and $36 lowest target. $45’s average target is 11.88% above currents $40.22 stock price. Genpact had 11 analyst reports since February 26, 2019 according to SRatingsIntel. The firm has “Buy” rating by Cantor Fitzgerald given on Sunday, March 3. The firm has “Overweight” rating by Cantor Fitzgerald given on Thursday, August 8. Deutsche Bank maintained Genpact Limited (NYSE:G) on Thursday, August 8 with “Hold” rating.

More notable recent Genpact Limited (NYSE:G) news were published by: Prnewswire.com which released: “Genpact Extends Relationship with IRI to Drive Competitive Advantage for Consumer Goods, Retail, and Media Companies – PRNewswire” on July 23, 2019, also Benzinga.com with their article: “Earnings Scheduled For August 7, 2019 – Benzinga” published on August 07, 2019, Finance.Yahoo.com published: “Is Genpact Limited’s (NYSE:G) 19% ROE Better Than Average? – Yahoo Finance” on July 16, 2019. More interesting news about Genpact Limited (NYSE:G) were released by: Finance.Yahoo.com and their article: “Genpact Limited (NYSE:G): Will The Growth Last? – Yahoo Finance” published on May 04, 2019 as well as Finance.Yahoo.com‘s news article titled: “A Close Look At Genpact Limited’s (NYSE:G) 13% ROCE – Yahoo Finance” with publication date: August 05, 2019.

Genpact Limited (NYSE:G) Ratings Chart

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