WNS (Holdings) Limited (NYSE:WNS) Shares Sold by Marshall Wace LLP

Marshall Wace LLP lowered its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 88.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,753 shares of the business services provider's stock after selling 559,774 shares during the quarter. Marshall Wace LLP owned about 0.16% of WNS worth $3,925,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of WNS. Parallel Advisors LLC boosted its holdings in WNS by 30.4% in the fourth quarter. Parallel Advisors LLC now owns 841 shares of the business services provider's stock valued at $53,000 after acquiring an additional 196 shares during the last quarter. Azzad Asset Management Inc. ADV grew its holdings in shares of WNS by 2.2% during the 1st quarter. Azzad Asset Management Inc. ADV now owns 11,540 shares of the business services provider's stock worth $583,000 after purchasing an additional 245 shares during the period. GAMMA Investing LLC increased its position in WNS by 64.1% during the 2nd quarter. GAMMA Investing LLC now owns 635 shares of the business services provider's stock worth $33,000 after purchasing an additional 248 shares in the last quarter. Legato Capital Management LLC raised its holdings in WNS by 2.9% in the second quarter. Legato Capital Management LLC now owns 9,156 shares of the business services provider's stock valued at $481,000 after buying an additional 259 shares during the period. Finally, Inspire Advisors LLC lifted its position in WNS by 2.3% during the first quarter. Inspire Advisors LLC now owns 12,579 shares of the business services provider's stock valued at $636,000 after buying an additional 287 shares in the last quarter. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of WNS from $55.00 to $51.00 and set a "hold" rating for the company in a research report on Thursday. JPMorgan Chase & Co. raised their price objective on WNS from $60.00 to $73.00 and gave the company a "neutral" rating in a research report on Friday, September 6th. Needham & Company LLC boosted their price objective on WNS from $60.00 to $70.00 and gave the stock a "buy" rating in a research note on Friday, July 19th. Finally, Barrington Research reiterated an "outperform" rating and issued a $70.00 target price on shares of WNS in a research note on Thursday, August 22nd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, WNS currently has an average rating of "Moderate Buy" and a consensus price target of $65.00.

WNS Stock Down 0.0 %

Shares of WNS stock traded down $0.01 during trading hours on Thursday, hitting $50.04. 386,522 shares of the company's stock traded hands, compared to its average volume of 464,474. WNS has a twelve month low of $39.85 and a twelve month high of $74.54. The company has a market cap of $2.39 billion and a PE ratio of 17.68. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.23. The stock has a 50 day simple moving average of $56.72 and a 200-day simple moving average of $53.00.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings data on Thursday, July 18th. The business services provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. The company had revenue of $312.40 million for the quarter, compared to the consensus estimate of $310.49 million. WNS had a return on equity of 22.05% and a net margin of 10.52%. WNS's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.76 EPS. Equities research analysts anticipate that WNS will post 3.72 earnings per share for the current fiscal year.

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.