Bank of New York Mellon Corp Acquires 28,201 Shares of WNS (Holdings) Limited (NYSE:WNS)

Bank of New York Mellon Corp raised its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 24.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 145,150 shares of the business services provider's stock after buying an additional 28,201 shares during the period. Bank of New York Mellon Corp owned approximately 0.30% of WNS worth $6,879,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in WNS by 728.1% during the third quarter. Jane Street Group LLC now owns 52,974 shares of the business services provider's stock worth $2,792,000 after acquiring an additional 46,577 shares during the period. State Street Corp grew its position in WNS by 40.5% in the third 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. Nisa Investment Advisors LLC increased its holdings in shares of WNS by 15,848.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider's stock valued at $4,059,000 after buying an additional 85,108 shares in the last quarter. Citigroup Inc. lifted its position in shares of WNS by 90.0% during the 3rd quarter. Citigroup Inc. now owns 67,333 shares of the business services provider's stock valued at $3,549,000 after acquiring an additional 31,886 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its stake in shares of WNS by 117.3% during the 3rd quarter. MetLife Investment Management LLC now owns 25,388 shares of the business services provider's stock worth $1,338,000 after acquiring an additional 13,702 shares in the last quarter. 97.36% of the stock is currently owned by institutional investors.

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WNS Stock Up 2.2 %

Shares of NYSE:WNS traded up $1.42 during trading on Wednesday, reaching $64.92. 197,717 shares of the company traded hands, compared to its average volume of 510,001. The firm has a fifty day simple moving average of $56.34 and a 200 day simple moving average of $52.63. The company has a quick ratio of 1.81, a current 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. The firm has a market cap of $3.00 billion, a P/E ratio of 22.68, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22.

WNS (NYSE:WNS - Get Free Report) last issued its earnings results 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 net margin of 10.03% and a return on equity of 22.25%. Analysts anticipate that WNS will post 3.8 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. StockNews.com raised WNS from a "hold" rating to a "buy" rating in a report on Friday, January 24th. Robert W. Baird upped their price objective on shares of WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Jefferies Financial Group dropped their target price on shares of WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday, January 21st. Finally, Needham & Company LLC upped their price target on shares of WNS from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, March 11th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, WNS presently has an average rating of "Moderate Buy" and a consensus target price of $61.63.

WNS Company 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.