Russell Investments Group Ltd. Reduces Stock Position in WNS (Holdings) Limited (NYSE:WNS)

Russell Investments Group Ltd. reduced its position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 16.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 189,693 shares of the business services provider's stock after selling 37,248 shares during the quarter. Russell Investments Group Ltd. owned about 0.40% of WNS worth $8,926,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jane Street Group LLC grew its position in WNS by 728.1% during the third quarter. Jane Street Group LLC now owns 52,974 shares of the business services provider's stock valued at $2,792,000 after buying an additional 46,577 shares during the period. State Street Corp increased its holdings in shares of WNS by 40.5% in the 3rd quarter. State Street Corp now owns 743,343 shares of the business services provider's stock valued at $39,182,000 after acquiring an additional 214,417 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of WNS during the fourth quarter worth about $355,000. Nisa Investment Advisors LLC boosted its stake in WNS by 15,848.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider's stock worth $4,059,000 after purchasing an additional 85,108 shares during the period. Finally, SG Americas Securities LLC lifted its stake in shares of WNS by 30.4% in the 4th quarter. SG Americas Securities LLC now owns 20,196 shares of the business services provider's stock worth $957,000 after acquiring an additional 4,705 shares during the period. 97.36% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

WNS Price Performance

Shares of WNS stock traded down $0.52 during trading on Thursday, hitting $66.08. 127,267 shares of the stock traded hands, compared to its average volume of 548,891. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 23.11, a PEG ratio of 2.10 and a beta of 0.96. The firm's fifty day moving average is $61.09 and its 200-day moving average is $54.04. WNS has a 52 week low of $39.85 and a 52 week high of $72.11. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS - Get Free Report) last released its 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%. Research analysts expect that WNS will post 3.8 EPS 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.