Pictet Asset Management Holding SA Invests $213,000 in WNS (Holdings) Limited (NYSE:WNS)

Pictet Asset Management Holding SA acquired a new position in WNS (Holdings) Limited (NYSE:WNS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,490 shares of the business services provider's stock, valued at approximately $213,000.

A number of other large investors also recently modified their holdings of the stock. Inspire Advisors LLC increased its stake in WNS by 4.0% in the 4th quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider's stock valued at $608,000 after buying an additional 493 shares during the last quarter. LPL Financial LLC increased its position in shares of WNS by 3.9% during the fourth quarter. LPL Financial LLC now owns 13,770 shares of the business services provider's stock valued at $653,000 after acquiring an additional 514 shares during the last quarter. Mount Yale Investment Advisors LLC increased its position in shares of WNS by 18.1% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider's stock valued at $249,000 after acquiring an additional 805 shares during the last quarter. Central Pacific Bank Trust Division lifted its holdings in WNS by 29.5% during the fourth quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider's stock worth $329,000 after acquiring an additional 1,580 shares during the period. Finally, BKM Wealth Management LLC boosted its position in WNS by 15.6% in the fourth quarter. BKM Wealth Management LLC now owns 12,687 shares of the business services provider's stock worth $601,000 after purchasing an additional 1,715 shares during the last quarter. Institutional investors own 97.36% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Jefferies Financial Group lowered their target price on WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research note on Tuesday, January 21st. Barrington Research raised their price objective on shares of WNS from $63.00 to $75.00 and gave the stock an "outperform" rating in a report on Wednesday, March 26th. Robert W. Baird boosted their target price on shares of WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. StockNews.com raised shares of WNS from a "hold" rating to a "buy" rating in a research report on Friday, January 24th. Finally, Needham & Company LLC lifted their price target on shares of WNS from $65.00 to $70.00 and gave the stock a "buy" rating in a report on Tuesday, March 11th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $62.25.

WNS Stock Performance

Shares of WNS stock traded down $0.51 during trading on Thursday, reaching $66.09. 86,900 shares of the company's stock traded hands, compared to its average volume of 548,745. WNS has a 1 year low of $39.85 and a 1 year high of $72.11. The company has a market capitalization of $3.06 billion, a P/E ratio of 23.18, a PEG ratio of 2.10 and a beta of 0.96. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. The firm's 50-day moving average is $61.09 and its 200 day moving average is $54.04.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. Equities research analysts expect that WNS will post 3.8 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.