12,450 Shares in WNS (Holdings) Limited (NYSE:WNS) Acquired by Federated Hermes Inc.

Federated Hermes Inc. purchased a new position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 12,450 shares of the business services provider's stock, valued at approximately $590,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. State Street Corp raised its position in shares of WNS by 40.5% during the third quarter. State Street Corp now owns 743,343 shares of the business services provider's stock worth $39,182,000 after purchasing an additional 214,417 shares during the period. Jane Street Group LLC increased its stake in WNS by 728.1% during the 3rd quarter. Jane Street Group LLC now owns 52,974 shares of the business services provider's stock valued at $2,792,000 after purchasing an additional 46,577 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in WNS during the third quarter worth $2,326,000. Barclays PLC lifted its stake in shares of WNS by 329.7% in the third quarter. Barclays PLC now owns 68,007 shares of the business services provider's stock valued at $3,584,000 after buying an additional 52,179 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in shares of WNS in the third quarter valued at $745,000. Institutional investors own 97.36% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Needham & Company LLC upped their target price on shares of WNS from $65.00 to $70.00 and gave the stock a "buy" rating in a report on Tuesday, March 11th. Jefferies Financial Group dropped their target price on WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a report on Tuesday, January 21st. StockNews.com raised WNS from a "hold" rating to a "buy" rating in a research report on Friday, January 24th. Robert W. Baird lifted their price objective on shares of WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Finally, Barrington Research increased their target price on shares of WNS from $63.00 to $75.00 and gave the company an "outperform" rating in a report on Wednesday, March 26th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $62.25.

WNS Stock Performance

Shares of WNS stock traded down $0.05 during trading hours on Friday, hitting $66.54. 523,246 shares of the company were exchanged, compared to its average volume of 553,382. WNS has a 52-week low of $39.85 and a 52-week high of $72.11. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. The firm has a fifty day simple moving average of $61.35 and a 200 day simple moving average of $54.27. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 23.27, a P/E/G ratio of 2.10 and a beta of 0.96.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share 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 predict that WNS will post 3.8 earnings per share 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.