WNS (Holdings) Limited (NYSE:WNS) Holdings Lowered by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its holdings in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 28.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 57,517 shares of the business services provider's stock after selling 23,377 shares during the quarter. Envestnet Asset Management Inc. owned 0.12% of WNS worth $2,726,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Thrivent Financial for Lutherans increased its position in WNS by 26.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,483,569 shares of the business services provider's stock worth $70,307,000 after purchasing an additional 312,519 shares in the last quarter. William Blair Investment Management LLC raised its stake in shares of WNS by 5.0% during the fourth quarter. William Blair Investment Management LLC now owns 1,112,743 shares of the business services provider's stock valued at $52,733,000 after purchasing an additional 53,433 shares during the period. Vanguard Group Inc. raised its stake in shares of WNS by 27.1% during the fourth quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider's stock valued at $19,693,000 after purchasing an additional 88,698 shares during the period. Summit Creek Advisors LLC raised its stake in shares of WNS by 10.9% during the fourth quarter. Summit Creek Advisors LLC now owns 333,501 shares of the business services provider's stock valued at $15,805,000 after purchasing an additional 32,897 shares during the period. Finally, Royce & Associates LP raised its stake in shares of WNS by 10.1% during the fourth quarter. Royce & Associates LP now owns 321,371 shares of the business services provider's stock valued at $15,230,000 after purchasing an additional 29,360 shares during the period. Institutional investors and hedge funds own 97.36% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Jefferies Financial Group dropped their price objective on shares of WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research note on Tuesday, January 21st. Barrington Research reiterated an "outperform" rating and set a $75.00 price objective on shares of WNS in a research note on Friday. Robert W. Baird lifted their price target on shares of WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. StockNews.com upgraded shares of WNS from a "hold" rating to a "buy" rating in a research note on Friday, January 24th. Finally, Needham & Company LLC lifted their price target on shares of WNS from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Tuesday, March 11th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $62.25.

WNS Stock Performance

WNS stock traded down $0.90 during mid-day trading on Monday, reaching $59.18. The company's stock had a trading volume of 650,307 shares, compared to its average volume of 555,177. The firm has a market cap of $2.74 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 2.10 and a beta of 0.96. The business has a 50 day moving average price of $61.79 and a 200-day moving average price of $54.89. 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 twelve month low of $40.02 and a twelve month high of $72.11.

WNS (NYSE:WNS - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.04. WNS had a net margin of 10.03% and a return on equity of 22.25%. The company had revenue of $336.30 million during the quarter, compared to the consensus estimate of $323.62 million. During the same quarter in the previous year, the company posted $1.12 earnings per share. The company's revenue for the quarter was down .8% compared to the same quarter last year. Sell-side analysts predict that WNS will post 3.8 EPS for the current fiscal year.

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.