Principal Financial Group Inc. Raises Holdings in WNS (Holdings) Limited (NYSE:WNS)

Principal Financial Group Inc. lifted its position in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 3,523.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 152,326 shares of the business services provider's stock after purchasing an additional 148,122 shares during the quarter. Principal Financial Group Inc. owned about 0.32% of WNS worth $7,219,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of WNS. Blue Trust Inc. increased its holdings in WNS by 65.0% in the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider's stock worth $208,000 after buying an additional 1,732 shares during the period. Mount Yale Investment Advisors LLC increased its stake in shares of WNS by 18.1% in the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider's stock worth $249,000 after acquiring an additional 805 shares during the period. DGS Capital Management LLC acquired a new stake in shares of WNS in the third quarter worth $291,000. Entropy Technologies LP purchased a new position in shares of WNS during the third quarter worth $331,000. Finally, Central Pacific Bank Trust Division lifted its position 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 valued at $329,000 after purchasing an additional 1,580 shares during the period. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

WNS Price Performance

WNS traded down $0.43 during trading on Monday, hitting $56.44. The company's stock had a trading volume of 675,697 shares, compared to its average volume of 502,670. 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 has a market capitalization of $2.61 billion, a price-to-earnings ratio of 19.73, a P/E/G ratio of 2.10 and a beta of 1.19. The business's fifty day simple moving average is $53.38 and its 200 day simple moving average is $52.68. WNS has a twelve month low of $39.85 and a twelve month high of $65.03.

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 (EPS) for the quarter, missing analysts' consensus estimates of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. On average, equities research analysts forecast that WNS will post 3.8 EPS for the current fiscal year.

Analyst Ratings Changes

WNS has been the topic of several analyst reports. Jefferies Financial Group cut their price target on WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday, January 21st. StockNews.com raised WNS from a "hold" rating to a "buy" rating in a report on Friday, January 24th. Robert W. Baird boosted their price target on WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Finally, Needham & Company LLC raised their price objective on shares of WNS from $60.00 to $65.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $61.00.

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.