BNP Paribas Financial Markets Raises Position in WNS (Holdings) Limited (NYSE:WNS)

BNP Paribas Financial Markets lifted its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 18.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 108,255 shares of the business services provider's stock after purchasing an additional 16,557 shares during the period. BNP Paribas Financial Markets owned 0.23% of WNS worth $5,706,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its holdings in WNS by 228.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider's stock worth $27,000 after buying an additional 364 shares during the period. GAMMA Investing LLC boosted its holdings in WNS by 64.1% in the 2nd quarter. GAMMA Investing LLC now owns 635 shares of the business services provider's stock worth $33,000 after buying an additional 248 shares during the period. Financial Management Professionals Inc. bought a new position in WNS in the 3rd quarter worth approximately $46,000. Amalgamated Bank bought a new position in WNS in the 2nd quarter worth approximately $84,000. Finally, Blue Trust Inc. boosted its holdings in WNS by 1,151.2% in the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider's stock worth $140,000 after buying an additional 2,452 shares during the period. Hedge funds and other institutional investors own 97.36% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. Barrington Research reissued an "outperform" rating and issued a $70.00 price target on shares of WNS in a report on Friday, October 18th. Citigroup set a $55.00 price target on shares of WNS in a report on Thursday, October 17th. Needham & Company LLC cut their price target on shares of WNS from $70.00 to $60.00 and set a "buy" rating for the company in a report on Friday, October 18th. TD Cowen downgraded shares of WNS from a "buy" rating to a "hold" rating and cut their price target for the company from $64.00 to $53.00 in a report on Thursday, October 17th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of WNS from $55.00 to $51.00 and set a "hold" rating for the company in a report on Thursday, October 3rd. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $60.33.

WNS Price Performance

Shares of NYSE WNS traded down $0.55 during mid-day trading on Wednesday, reaching $50.77. 148,054 shares of the company were exchanged, compared to its average volume of 485,619. WNS has a 52 week low of $39.85 and a 52 week high of $72.57. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $2.43 billion and a PE ratio of 19.73. The company's 50 day moving average price is $50.23 and its 200 day moving average price is $53.41.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings data on Thursday, October 17th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.78 by $0.21. WNS had a net margin of 9.39% and a return on equity of 22.76%. The company had revenue of $310.70 million during the quarter, compared to the consensus estimate of $313.66 million. Sell-side analysts forecast that WNS will post 3.52 earnings per share for the current fiscal 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.