WNS (Holdings) Limited (NYSE:WNS) Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA cut its holdings in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 6.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 490,272 shares of the business services provider's stock after selling 31,317 shares during the period. Massachusetts Financial Services Co. MA owned 1.03% of WNS worth $25,842,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in WNS. Intech Investment Management LLC purchased a new position in WNS during the third quarter worth about $471,000. Aurora Investment Counsel lifted its holdings in shares of WNS by 1.8% during the 3rd quarter. Aurora Investment Counsel now owns 35,137 shares of the business services provider's stock worth $1,852,000 after acquiring an additional 618 shares during the period. Pathstone Holdings LLC boosted its position in shares of WNS by 20.9% in the third quarter. Pathstone Holdings LLC now owns 37,234 shares of the business services provider's stock worth $1,963,000 after acquiring an additional 6,433 shares during the last quarter. Thrivent Financial for Lutherans purchased a new stake in WNS in the third quarter valued at approximately $61,726,000. Finally, Royce & Associates LP increased its position in WNS by 3.5% during the third quarter. Royce & Associates LP now owns 292,011 shares of the business services provider's stock worth $15,392,000 after purchasing an additional 9,900 shares during the last quarter. Hedge funds and other institutional investors own 97.36% of the company's stock.

WNS Stock Up 1.0 %

Shares of NYSE:WNS traded up $0.55 during mid-day trading on Tuesday, hitting $53.55. 586,995 shares of the company traded hands, compared to its average volume of 487,533. The firm has a market cap of $2.56 billion and a P/E ratio of 20.60. WNS has a 52-week low of $39.85 and a 52-week high of $72.57. The firm's 50 day simple moving average is $50.38 and its 200 day simple moving average is $53.35. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62.

WNS (NYSE:WNS - Get Free Report) last posted its earnings results on Thursday, October 17th. The business services provider reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.78 by $0.21. The business had revenue of $310.70 million for the quarter, compared to analysts' expectations of $313.66 million. WNS had a net margin of 9.39% and a return on equity of 22.76%. On average, equities analysts anticipate that WNS will post 3.52 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on WNS. Citigroup set a $55.00 price target on shares of WNS in a report on Thursday, October 17th. Barrington Research reissued an "outperform" rating and set a $70.00 price target on shares of WNS in a research report on Friday, October 18th. TD Cowen downgraded WNS from a "buy" rating to a "hold" rating and cut their price objective for the stock from $64.00 to $53.00 in a report on Thursday, October 17th. Needham & Company LLC decreased their target price on WNS from $70.00 to $60.00 and set a "buy" rating for the company in a report on Friday, October 18th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of WNS from $55.00 to $51.00 and set a "hold" rating on the stock in a report on Thursday, October 3rd. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $60.33.

About WNS

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.