Bank of Montreal Can Makes New $922,000 Investment in WNS (Holdings) Limited (NYSE:WNS)

Bank of Montreal Can purchased a new stake in WNS (Holdings) Limited (NYSE:WNS - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 18,074 shares of the business services provider's stock, valued at approximately $922,000.

Other hedge funds also recently made changes to their positions in the company. Azzad Asset Management Inc. ADV boosted its position in 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 buying an additional 245 shares during the period. GAMMA Investing LLC boosted 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 buying an additional 248 shares during the period. Legato Capital Management LLC boosted its position in WNS by 2.9% during the 2nd quarter. Legato Capital Management LLC now owns 9,156 shares of the business services provider's stock worth $481,000 after buying an additional 259 shares during the period. Inspire Advisors LLC boosted its position in WNS by 2.3% during the 1st quarter. Inspire Advisors LLC now owns 12,579 shares of the business services provider's stock worth $636,000 after buying an additional 287 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in WNS by 228.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider's stock worth $27,000 after buying an additional 364 shares during the period. 97.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

WNS Trading Down 0.2 %

Shares of NYSE:WNS traded down $0.08 during mid-day trading on Monday, hitting $48.92. The company had a trading volume of 615,116 shares, compared to its average volume of 464,399. The firm has a fifty day moving average price of $56.54 and a 200 day moving average price of $52.95. The company has a market capitalization of $2.34 billion and a PE ratio of 17.29. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.60 and a quick ratio of 1.60. WNS has a one year low of $39.85 and a one year high of $74.54.

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