Hunter Perkins Capital Management LLC boosted its stake in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 46.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,125 shares of the business services provider's stock after buying an additional 5,455 shares during the quarter. Hunter Perkins Capital Management LLC's holdings in WNS were worth $812,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in WNS by 228.9% during the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider's stock valued at $27,000 after acquiring an additional 364 shares in the last quarter. Financial Management Professionals Inc. bought a new position in shares of WNS during the 3rd quarter valued at $46,000. Amalgamated Bank bought a new position in shares of WNS during the 2nd quarter valued at $84,000. GAMMA Investing LLC raised its holdings in WNS by 237.2% during the third quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider's stock valued at $113,000 after buying an additional 1,506 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of WNS by 1,151.2% in the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider's stock valued at $140,000 after acquiring an additional 2,452 shares in the last quarter. Hedge funds and other institutional investors own 97.36% of the company's stock.
WNS Stock Performance
WNS stock traded down $0.71 during trading hours on Monday, hitting $61.70. The stock had a trading volume of 495,594 shares, compared to its average volume of 554,200. The company has a 50-day moving average of $48.89 and a two-hundred day moving average of $52.34. 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 company has a market cap of $2.95 billion, a PE ratio of 23.73, a price-to-earnings-growth ratio of 2.00 and a beta of 1.16. WNS has a fifty-two week low of $39.85 and a fifty-two week high of $72.40.
WNS (NYSE:WNS - Get Free Report) last issued its earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.15). WNS had a net margin of 9.39% and a return on equity of 22.76%. On average, equities research analysts anticipate that WNS will post 3.52 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on WNS. TD Cowen downgraded WNS from a "buy" rating to a "hold" rating and cut their price objective for the company from $64.00 to $53.00 in a research note on Thursday, October 17th. Jefferies Financial Group dropped their target price on shares of WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a report on Tuesday, January 21st. Robert W. Baird upped their price target on shares of WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a report on Friday. StockNews.com upgraded WNS from a "hold" rating to a "buy" rating in a research note on Friday. Finally, Citigroup set a $55.00 target price on WNS in a report on Thursday, October 17th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $61.00.
Check Out Our Latest Analysis on WNS
WNS Company Profile
(
Free Report)
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.
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