Nicholas Company Inc. Acquires 21,859 Shares of WNS (Holdings) Limited (NYSE:WNS)

Nicholas Company Inc. grew its holdings in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 18.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 140,364 shares of the business services provider's stock after purchasing an additional 21,859 shares during the quarter. Nicholas Company Inc. owned approximately 0.29% of WNS worth $6,652,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC raised its holdings in WNS by 728.1% in the 3rd quarter. Jane Street Group LLC now owns 52,974 shares of the business services provider's stock worth $2,792,000 after purchasing an additional 46,577 shares during the period. State Street Corp increased its position in WNS by 40.5% in the third quarter. State Street Corp now owns 743,343 shares of the business services provider's stock worth $39,182,000 after buying an additional 214,417 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of WNS by 15,848.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider's stock worth $4,059,000 after buying an additional 85,108 shares during the period. Citigroup Inc. lifted its position in shares of WNS by 90.0% during the 3rd quarter. Citigroup Inc. now owns 67,333 shares of the business services provider's stock valued at $3,549,000 after buying an additional 31,886 shares in the last quarter. Finally, MetLife Investment Management LLC grew its stake in shares of WNS by 117.3% during the 3rd quarter. MetLife Investment Management LLC now owns 25,388 shares of the business services provider's stock valued at $1,338,000 after acquiring an additional 13,702 shares during the period. Institutional investors own 97.36% of the company's stock.

Remove Ads

Analysts Set New Price Targets

A number of research firms have commented on WNS. Needham & Company LLC raised their price target on WNS from $65.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday, March 11th. StockNews.com upgraded WNS from a "hold" rating to a "buy" rating in a research report on Friday, January 24th. Robert W. Baird boosted their target price on WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Finally, Jefferies Financial Group cut their price target on WNS from $60.00 to $55.00 and set a "buy" rating for the company in a report on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, WNS has an average rating of "Moderate Buy" and a consensus target price of $61.63.

WNS Trading Down 1.4 %

NYSE WNS traded down $0.88 during trading hours on Thursday, hitting $63.76. 517,295 shares of the company were exchanged, compared to its average volume of 501,528. WNS has a 52 week low of $39.85 and a 52 week high of $65.03. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average price of $56.74 and a 200 day moving average price of $52.72. The stock has a market cap of $2.95 billion, a PE ratio of 22.29, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22.

WNS (NYSE:WNS - Get Free Report) last released 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 net margin of 10.03% and a return on equity of 22.25%. Analysts forecast that WNS will post 3.8 earnings per share for the current fiscal year.

WNS 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.