Royce & Associates LP Purchases 29,360 Shares of WNS (Holdings) Limited (NYSE:WNS)

Royce & Associates LP grew its position in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 10.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 321,371 shares of the business services provider's stock after purchasing an additional 29,360 shares during the period. Royce & Associates LP owned about 0.67% of WNS worth $15,230,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Inspire Advisors LLC increased its position in WNS by 4.0% in the 4th quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider's stock worth $608,000 after purchasing an additional 493 shares during the last quarter. Aurora Investment Counsel increased its holdings in shares of WNS by 1.8% during the 3rd quarter. Aurora Investment Counsel now owns 35,137 shares of the business services provider's stock valued at $1,852,000 after acquiring an additional 618 shares during the last quarter. Mount Yale Investment Advisors LLC increased its holdings in shares of WNS by 18.1% during the 4th 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 increased its holdings in shares of WNS by 29.5% during the 4th quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider's stock valued at $329,000 after acquiring an additional 1,580 shares during the last quarter. Finally, BKM Wealth Management LLC increased its holdings in shares of WNS by 15.6% during the 4th quarter. BKM Wealth Management LLC now owns 12,687 shares of the business services provider's stock valued at $601,000 after acquiring an additional 1,715 shares during the last quarter. 97.36% of the stock is owned by institutional investors and hedge funds.

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WNS Stock Performance

NYSE:WNS traded down $0.88 during mid-day trading on Thursday, hitting $63.76. 517,295 shares of the company's stock traded hands, compared to its average volume of 501,528. The firm has a 50 day moving average of $56.74 and a two-hundred day moving average of $52.72. WNS has a 12 month low of $39.85 and a 12 month high of $65.03. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 22.29, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS - Get Free Report) last announced its quarterly earnings data 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%. On average, equities analysts forecast that WNS will post 3.8 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently commented on WNS. Robert W. Baird increased their price objective on WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a report on Friday, January 24th. StockNews.com raised WNS from a "hold" rating to a "buy" rating in a report on Friday, January 24th. Jefferies Financial Group lowered their price objective on WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a report on Tuesday, January 21st. Finally, Needham & Company LLC increased their price objective on WNS from $65.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday, March 11th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $61.63.

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.