Charles Schwab Investment Management Inc. Sells 5,226 Shares of WNS (Holdings) Limited (NYSE:WNS)

Charles Schwab Investment Management Inc. lowered its position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 103,354 shares of the business services provider's stock after selling 5,226 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.22% of WNS worth $4,898,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Blue Trust Inc. grew its stake in WNS by 65.0% during the fourth quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider's stock worth $208,000 after purchasing an additional 1,732 shares during the period. Mount Yale Investment Advisors LLC grew its position in shares of WNS by 18.1% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider's stock worth $249,000 after buying an additional 805 shares during the period. DGS Capital Management LLC bought a new stake in shares of WNS in the 3rd quarter valued at $291,000. Central Pacific Bank Trust Division lifted its position in shares of WNS by 29.5% during the 4th quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider's stock valued at $329,000 after acquiring an additional 1,580 shares during the period. Finally, Verition Fund Management LLC bought a new position in WNS during the third quarter worth $392,000. 97.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WNS has been the topic of several research reports. Needham & Company LLC upped their price objective on shares of WNS from $65.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday, March 11th. Jefferies Financial Group dropped 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. Robert W. Baird increased their price target on WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. StockNews.com upgraded WNS from a "hold" rating to a "buy" rating in a report on Friday, January 24th. Finally, Barrington Research increased their target price on WNS from $63.00 to $75.00 and gave the stock an "outperform" rating in a report on Wednesday. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $62.25.

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WNS Stock Down 4.5 %

NYSE:WNS traded down $2.91 during trading hours on Friday, hitting $61.22. 522,756 shares of the company traded hands, compared to its average volume of 526,692. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. The company has a market cap of $2.83 billion, a PE ratio of 21.41, a PEG ratio of 2.10 and a beta of 1.22. The firm's 50-day simple moving average is $59.34 and its 200-day simple moving average is $53.03. WNS has a one year low of $39.85 and a one year high of $65.26.

WNS (NYSE:WNS - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share 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%. Equities analysts predict 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.