Canada Pension Plan Investment Board Sells 124,900 Shares of WNS (Holdings) Limited (NYSE:WNS)

Canada Pension Plan Investment Board cut its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 68.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 58,900 shares of the business services provider's stock after selling 124,900 shares during the period. Canada Pension Plan Investment Board owned approximately 0.12% of WNS worth $3,092,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Diamond Hill Capital Management Inc. boosted its stake in WNS by 11.9% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 1,777,557 shares of the business services provider's stock worth $93,322,000 after purchasing an additional 188,616 shares during the period. Acadian Asset Management LLC boosted its position in WNS by 0.7% in the first quarter. Acadian Asset Management LLC now owns 1,768,209 shares of the business services provider's stock valued at $89,317,000 after buying an additional 11,933 shares in the last quarter. Westfield Capital Management Co. LP boosted its position in shares of WNS by 12.2% during the 1st quarter. Westfield Capital Management Co. LP now owns 1,170,420 shares of the business services provider's stock worth $59,141,000 after purchasing an additional 127,605 shares in the last quarter. Schroder Investment Management Group grew its stake in shares of WNS by 4.1% during the 4th quarter. Schroder Investment Management Group now owns 868,354 shares of the business services provider's stock worth $54,880,000 after acquiring an additional 33,849 shares during the period. Finally, Wellington Management Group LLP grew its position in WNS by 4.0% during the fourth quarter. Wellington Management Group LLP now owns 747,724 shares of the business services provider's stock valued at $47,256,000 after acquiring an additional 28,833 shares during the last quarter. 97.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on WNS. Barrington Research reissued an "outperform" rating and set a $70.00 price target on shares of WNS in a research report on Thursday, August 22nd. Needham & Company LLC upped their price target on shares of WNS from $60.00 to $70.00 and gave the company a "buy" rating in a research report on Friday, July 19th. Finally, JPMorgan Chase & Co. boosted their price objective on WNS from $60.00 to $73.00 and gave the stock a "neutral" rating in a report on Friday, September 6th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, WNS has a consensus rating of "Moderate Buy" and a consensus price target of $63.83.

WNS Stock Down 0.7 %

NYSE WNS traded down $0.35 during trading on Thursday, reaching $52.18. 453,314 shares of the company's stock were exchanged, compared to its average volume of 465,468. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $2.49 billion and a PE ratio of 18.43. The company's fifty day simple moving average is $57.33 and its 200-day simple moving average is $53.15. WNS has a fifty-two week low of $39.85 and a fifty-two week high of $74.54.

WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings data on Thursday, July 18th. The business services provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.91 by $0.02. The business had revenue of $312.40 million during the quarter, compared to the consensus estimate of $310.49 million. WNS had a net margin of 10.52% and a return on equity of 22.05%. The firm's revenue was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.76 EPS. Sell-side analysts predict that WNS will post 3.72 EPS for the current 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.