Two Sigma Advisers LP decreased its holdings in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 33.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 219,997 shares of the business services provider's stock after selling 112,200 shares during the quarter. Two Sigma Advisers LP owned approximately 0.46% of WNS worth $11,596,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. TimesSquare Capital Management LLC grew its holdings in shares of WNS by 17.1% during the 3rd quarter. TimesSquare Capital Management LLC now owns 377,825 shares of the business services provider's stock worth $19,915,000 after purchasing an additional 55,306 shares during the period. William Blair Investment Management LLC lifted its position in WNS by 8.3% during the 2nd quarter. William Blair Investment Management LLC now owns 347,511 shares of the business services provider's stock worth $18,244,000 after acquiring an additional 26,648 shares in the last quarter. Diamond Hill Capital Management Inc. lifted its position in WNS by 11.9% during the 2nd quarter. Diamond Hill Capital Management Inc. now owns 1,777,557 shares of the business services provider's stock worth $93,322,000 after acquiring an additional 188,616 shares in the last quarter. Citigroup Inc. lifted its position in WNS by 90.0% during the 3rd quarter. Citigroup Inc. now owns 67,333 shares of the business services provider's stock worth $3,549,000 after acquiring an additional 31,886 shares in the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new position in WNS during the 2nd quarter worth approximately $876,000. Hedge funds and other institutional investors own 97.36% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the company. Barrington Research reissued an "outperform" rating and set a $70.00 price target on shares of WNS in a research report on Friday, October 18th. Citigroup set a $55.00 target price on WNS in a research report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft cut their target price on WNS from $55.00 to $51.00 and set a "hold" rating on the stock in a research report on Thursday, October 3rd. Needham & Company LLC cut their target price on WNS from $70.00 to $60.00 and set a "buy" rating on the stock in a research report on Friday, October 18th. Finally, JPMorgan Chase & Co. upped their target price on WNS from $60.00 to $73.00 and gave the company a "neutral" rating in a research report on Friday, September 6th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $60.33.
View Our Latest Stock Report on WNS
WNS Stock Down 1.6 %
NYSE WNS traded down $0.80 during trading on Tuesday, reaching $48.98. 871,753 shares of the company's stock were exchanged, compared to its average volume of 489,364. WNS has a fifty-two week low of $39.85 and a fifty-two week high of $72.57. The firm has a market capitalization of $2.34 billion, a PE ratio of 18.84, a P/E/G ratio of 1.97 and a beta of 1.14. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23. The company's fifty day simple moving average is $50.06 and its 200-day simple moving average is $53.37.
WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings data 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. WNS had a return on equity of 22.76% and a net margin of 9.39%. The business had revenue of $310.70 million for the quarter, compared to the consensus estimate of $313.66 million. Sell-side analysts predict that WNS will post 3.52 EPS for the current year.
About WNS
(
Free Report)
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.
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