Diamond Hill Capital Management Inc. Cuts Position in WNS (Holdings) Limited (NYSE:WNS)

Diamond Hill Capital Management Inc. cut its position in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 10.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,373,427 shares of the business services provider's stock after selling 154,084 shares during the period. Diamond Hill Capital Management Inc. owned 2.87% of WNS worth $65,087,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Inspire Advisors LLC increased its position in shares of WNS by 4.0% in the 4th quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider's stock valued at $608,000 after purchasing an additional 493 shares during the last quarter. Aurora Investment Counsel increased its position in shares of WNS by 1.8% in the 3rd quarter. Aurora Investment Counsel now owns 35,137 shares of the business services provider's stock valued at $1,852,000 after purchasing an additional 618 shares during the last quarter. Mount Yale Investment Advisors LLC increased its position in shares of WNS by 18.1% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider's stock valued at $249,000 after purchasing an additional 805 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of WNS by 4.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 31,918 shares of the business services provider's stock valued at $1,682,000 after purchasing an additional 1,357 shares during the last quarter. Finally, Central Pacific Bank Trust Division increased its position in shares of WNS by 29.5% in 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 purchasing an additional 1,580 shares during the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

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WNS Stock Performance

NYSE:WNS traded up $0.03 during trading hours on Tuesday, reaching $63.53. 487,892 shares of the company's stock were exchanged, compared to its average volume of 500,654. 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 50-day moving average of $55.98 and a 200 day moving average of $52.60. 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.

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

Analysts Set New Price Targets

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