WNS (Holdings) Limited (NYSE:WNS) Shares Acquired by Summit Creek Advisors LLC

Summit Creek Advisors LLC grew its stake in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 10.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 333,501 shares of the business services provider's stock after buying an additional 32,897 shares during the period. WNS accounts for 2.1% of Summit Creek Advisors LLC's holdings, making the stock its 23rd biggest position. Summit Creek Advisors LLC owned 0.70% of WNS worth $15,805,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in WNS. Jane Street Group LLC raised its stake in WNS by 728.1% in the 3rd quarter. Jane Street Group LLC now owns 52,974 shares of the business services provider's stock worth $2,792,000 after acquiring an additional 46,577 shares during the last quarter. State Street Corp raised its stake in shares of WNS by 40.5% in the third quarter. State Street Corp now owns 743,343 shares of the business services provider's stock worth $39,182,000 after purchasing an additional 214,417 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of WNS by 15,848.8% during the fourth 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. Citigroup Inc. lifted its holdings in shares of WNS by 90.0% during the third quarter. Citigroup Inc. now owns 67,333 shares of the business services provider's stock worth $3,549,000 after purchasing an additional 31,886 shares during the period. Finally, MetLife Investment Management LLC boosted its position in WNS by 117.3% in the third quarter. MetLife Investment Management LLC now owns 25,388 shares of the business services provider's stock valued at $1,338,000 after buying an additional 13,702 shares during the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

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

WNS Price Performance

WNS stock traded down $2.91 during midday trading on Friday, reaching $61.22. The company had a trading volume of 522,756 shares, compared to its average volume of 526,692. WNS has a 12-month low of $39.85 and a 12-month high of $65.26. The firm's fifty day simple moving average is $59.34 and its 200-day simple moving average is $53.04. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. The company has a market capitalization of $2.83 billion, a P/E ratio of 21.41, a P/E/G ratio of 2.10 and a beta of 1.22.

WNS (NYSE:WNS - Get Free Report) last issued 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 return on equity of 22.25% and a net margin of 10.03%. As a group, equities analysts anticipate that WNS will post 3.8 EPS for the current 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.