Public Employees Retirement System of Ohio Purchases Shares of 44,119 WNS (Holdings) Limited (NYSE:WNS)

Public Employees Retirement System of Ohio purchased a new stake in WNS (Holdings) Limited (NYSE:WNS - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 44,119 shares of the business services provider's stock, valued at approximately $2,326,000. Public Employees Retirement System of Ohio owned approximately 0.09% of WNS at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of WNS. EverSource Wealth Advisors LLC increased its holdings in shares of WNS by 228.9% in the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider's stock valued at $27,000 after purchasing an additional 364 shares in the last quarter. Financial Management Professionals Inc. acquired a new stake in shares of WNS in the third quarter valued at approximately $46,000. Amalgamated Bank acquired a new stake in shares of WNS in the second quarter valued at approximately $84,000. GAMMA Investing LLC increased its holdings in shares of WNS by 237.2% in the third quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider's stock valued at $113,000 after purchasing an additional 1,506 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of WNS by 1,151.2% in the third quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider's stock valued at $140,000 after purchasing an additional 2,452 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on WNS. Citigroup set a $55.00 price target on shares of WNS in a report on Thursday, October 17th. JPMorgan Chase & Co. raised their price objective on shares of WNS from $60.00 to $73.00 and gave the company a "neutral" rating in a research note on Friday, September 6th. Barrington Research reaffirmed an "outperform" rating and issued a $70.00 price objective on shares of WNS in a research note on Friday, October 18th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of WNS from $55.00 to $51.00 and set a "hold" rating on the stock in a research note on Thursday, October 3rd. Finally, Needham & Company LLC reduced their price objective on shares of WNS from $70.00 to $60.00 and set a "buy" rating on the stock in a research note on Friday, October 18th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $60.33.

WNS Trading Down 5.5 %

Shares of NYSE WNS traded down $2.64 during midday trading on Wednesday, reaching $45.20. 492,557 shares of the stock were exchanged, compared to its average volume of 489,884. The business has a 50-day simple moving average of $49.93 and a two-hundred day simple moving average of $53.27. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 17.38, a P/E/G ratio of 1.93 and a beta of 1.14. WNS has a 12 month low of $39.85 and a 12 month high of $72.57. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62.

WNS (NYSE:WNS - Get Free Report) last announced its quarterly earnings results on Thursday, October 17th. The business services provider reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.21. The company had revenue of $310.70 million for the quarter, compared to analysts' expectations of $313.66 million. WNS had a net margin of 9.39% and a return on equity of 22.76%. As a group, equities research analysts expect that WNS will post 3.52 EPS for the current 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.