Tocqueville Asset Management L.P. Has $3.22 Million Holdings in WNS (Holdings) Limited (NYSE:WNS)

Tocqueville Asset Management L.P. increased its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 70.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 68,000 shares of the business services provider's stock after buying an additional 28,000 shares during the period. Tocqueville Asset Management L.P. owned 0.14% of WNS worth $3,223,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of WNS. Thrivent Financial for Lutherans bought a new stake in shares of WNS during the 3rd quarter worth about $61,726,000. State Street Corp lifted its holdings in shares of WNS by 40.5% during the 3rd quarter. State Street Corp now owns 743,343 shares of the business services provider's stock worth $39,182,000 after acquiring an additional 214,417 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of WNS by 3,523.4% during the 4th quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider's stock worth $7,219,000 after acquiring an additional 148,122 shares during the period. FMR LLC lifted its holdings in shares of WNS by 2.1% during the 3rd quarter. FMR LLC now owns 4,898,543 shares of the business services provider's stock worth $258,202,000 after acquiring an additional 99,195 shares during the period. Finally, Nisa Investment Advisors LLC lifted its holdings in shares of 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 acquiring an additional 85,108 shares during the period. Institutional investors own 97.36% of the company's stock.

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WNS Trading Down 1.8 %

NYSE WNS traded down $1.17 on Friday, hitting $62.49. The company's stock had a trading volume of 841,731 shares, compared to its average volume of 504,876. 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 has a 1-year low of $39.85 and a 1-year high of $65.03. The company's 50-day moving average is $57.51 and its 200 day moving average is $52.82. The firm has a market cap of $2.89 billion, a PE ratio of 21.85, a PEG ratio of 2.10 and a beta of 1.22.

WNS (NYSE:WNS - Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. As a group, analysts predict that WNS will post 3.8 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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.