Arizona State Retirement System Buys New Position in WNS (Holdings) Limited (NYSE:WNS)

Arizona State Retirement System acquired a new stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 11,527 shares of the business services provider's stock, valued at approximately $546,000.

A number of other large investors have also made changes to their positions in the stock. FMR LLC boosted its stake in shares of WNS by 2.1% during the third quarter. FMR LLC now owns 4,898,543 shares of the business services provider's stock valued at $258,202,000 after acquiring an additional 99,195 shares during the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of WNS during the third quarter valued at $61,726,000. State Street Corp boosted its stake in WNS by 40.5% in the 3rd quarter. State Street Corp now owns 743,343 shares of the business services provider's stock worth $39,182,000 after buying an additional 214,417 shares during the last quarter. Royce & Associates LP boosted its stake in WNS by 3.5% in the 3rd quarter. Royce & Associates LP now owns 292,011 shares of the business services provider's stock worth $15,392,000 after buying an additional 9,900 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in WNS by 3,523.4% in the 4th quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider's stock worth $7,219,000 after buying an additional 148,122 shares during the last quarter. Institutional investors and hedge funds own 97.36% of the company's stock.

Analysts Set New Price Targets

WNS has been the topic of a number of research analyst reports. Needham & Company LLC raised their price target on WNS from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Tuesday, March 11th. Robert W. Baird raised their price target on WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. StockNews.com raised WNS from a "hold" rating to a "buy" rating in a research note on Friday, January 24th. Finally, Jefferies Financial Group decreased their price target on WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research note on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, WNS currently has a consensus rating of "Moderate Buy" and a consensus price target of $61.63.

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WNS Trading Up 0.0 %

Shares of WNS stock traded up $0.03 during trading hours on Tuesday, reaching $63.53. The stock had a trading volume of 487,892 shares, compared to its average volume of 500,654. The firm has a 50 day simple moving average of $55.98 and a two-hundred day simple moving average of $52.60. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of 22.21, a P/E/G ratio of 2.10 and a beta of 1.22. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. WNS has a 1 year low of $39.85 and a 1 year high of $65.03.

WNS (NYSE:WNS - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. As a group, equities research analysts anticipate that WNS will post 3.8 earnings per share for the current year.

WNS Profile

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through TSLU, MRHP, HCLS, and BFSI segments. It engages in diversified business, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure, utilities, shipping, and logistics; healthcare and life sciences; banking, financial services, and insurance; and Hi-tech and professional services, as well as procurement.