Robeco Institutional Asset Management B.V. Sells 150,887 Shares of WNS (Holdings) Limited (NYSE:WNS)

Robeco Institutional Asset Management B.V. reduced its position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 58.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,947 shares of the business services provider's stock after selling 150,887 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.22% of WNS worth $5,584,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in WNS. Janney Montgomery Scott LLC increased its holdings in WNS by 4.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 31,918 shares of the business services provider's stock worth $1,682,000 after purchasing an additional 1,357 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in shares of WNS in the 3rd quarter worth about $46,000. BKM Wealth Management LLC lifted its position in WNS by 2.8% in the 3rd quarter. BKM Wealth Management LLC now owns 10,972 shares of the business services provider's stock valued at $578,000 after purchasing an additional 298 shares during the last quarter. Signaturefd LLC boosted its stake in WNS by 150.0% during the 3rd quarter. Signaturefd LLC now owns 2,812 shares of the business services provider's stock valued at $148,000 after purchasing an additional 1,687 shares during the period. Finally, Blue Trust Inc. grew its position in WNS by 1,151.2% in the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider's stock worth $140,000 after purchasing an additional 2,452 shares during the last quarter. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Citigroup set a $55.00 price target on WNS in a report on Thursday, October 17th. Needham & Company LLC dropped their price target on shares of WNS from $70.00 to $60.00 and set a "buy" rating on the stock in a research report on Friday, October 18th. TD Cowen lowered shares of WNS from a "buy" rating to a "hold" rating and cut their target price for the company from $64.00 to $53.00 in a research note on Thursday, October 17th. JPMorgan Chase & Co. raised their target price on shares of WNS from $60.00 to $73.00 and gave the stock a "neutral" rating in a report on Friday, September 6th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on WNS from $55.00 to $51.00 and set a "hold" rating on the stock in a report on Thursday, October 3rd. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $60.33.

WNS Stock Up 1.5 %

NYSE WNS traded up $0.83 during trading on Friday, reaching $54.65. The company's stock had a trading volume of 518,263 shares, compared to its average volume of 482,066. The business has a 50-day moving average price of $51.46 and a 200-day moving average price of $52.72. WNS has a 1-year low of $39.85 and a 1-year high of $72.57. The stock has a market capitalization of $2.61 billion and a PE ratio of 21.02. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23.

WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings results on Thursday, October 17th. The business services provider reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.78 by $0.21. The firm had revenue of $310.70 million during the quarter, compared to the consensus estimate of $313.66 million. WNS had a net margin of 9.39% and a return on equity of 22.76%. On average, research analysts forecast that WNS will post 3.52 earnings per share for the current fiscal year.

WNS Company 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.