Massachusetts Financial Services Co. MA Reduces Stake in WNS (Holdings) Limited (NYSE:WNS)

Massachusetts Financial Services Co. MA lowered its holdings in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 20.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 390,120 shares of the business services provider's stock after selling 100,152 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.82% of WNS worth $18,488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Blue Trust Inc. boosted its holdings in shares of WNS by 65.0% during the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider's stock valued at $208,000 after acquiring an additional 1,732 shares during the last quarter. Pictet Asset Management Holding SA bought a new position in WNS during the fourth quarter valued at approximately $213,000. Mount Yale Investment Advisors LLC boosted its holdings in WNS by 18.1% in the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider's stock worth $249,000 after purchasing an additional 805 shares during the last quarter. DGS Capital Management LLC bought a new stake in WNS in the 3rd quarter worth approximately $291,000. Finally, Central Pacific Bank Trust Division raised its stake in 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 buying an additional 1,580 shares during the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

WNS Price Performance

NYSE WNS traded up $1.98 during trading hours on Friday, reaching $66.66. The company's stock had a trading volume of 528,748 shares, compared to its average volume of 548,747. 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 $72.11. The firm's 50-day moving average price is $60.65 and its 200-day moving average price is $53.74. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 23.31, a PEG ratio of 2.10 and a beta of 0.96.

WNS (NYSE:WNS - Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) 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%. On average, equities research 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.