UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires Shares of 29,200 WNS (Holdings) Limited (NYSE:WNS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 29,200 shares of the business services provider's stock, valued at approximately $1,539,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.06% of WNS at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thrivent Financial for Lutherans bought a new position in WNS during the third quarter valued at $61,726,000. Allspring Global Investments Holdings LLC boosted its stake in shares of WNS by 84.2% during the second quarter. Allspring Global Investments Holdings LLC now owns 591,052 shares of the business services provider's stock valued at $31,030,000 after purchasing an additional 270,117 shares in the last quarter. Diamond Hill Capital Management Inc. raised its position in shares of WNS by 11.9% in 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. Bank of New York Mellon Corp boosted its holdings in shares of WNS by 478.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 154,725 shares of the business services provider's stock valued at $8,123,000 after buying an additional 127,960 shares in the last quarter. Finally, FMR LLC grew its holdings in WNS by 2.1% in the third quarter. FMR LLC now owns 4,898,543 shares of the business services provider's stock worth $258,202,000 after purchasing an additional 99,195 shares during the last quarter. Hedge funds and other institutional investors own 97.36% of the company's stock.

WNS Stock Up 0.9 %

Shares of WNS stock traded up $0.41 during trading hours on Tuesday, reaching $47.85. 509,192 shares of the company were exchanged, compared to its average volume of 489,873. The stock's fifty day moving average is $49.93 and its 200 day moving average is $53.27. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62. The firm has a market cap of $2.29 billion, a PE ratio of 18.40, a PEG ratio of 1.93 and a beta of 1.14. WNS has a 1 year low of $39.85 and a 1 year high of $72.57.

WNS (NYSE:WNS - Get Free Report) last announced its quarterly earnings results on Thursday, October 17th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.78 by $0.21. The company had revenue of $310.70 million during the quarter, compared to the consensus estimate of $313.66 million. WNS had a return on equity of 22.76% and a net margin of 9.39%. As a group, equities research analysts forecast that WNS will post 3.52 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Citigroup set a $55.00 price target on shares of WNS in a report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of WNS from $55.00 to $51.00 and set a "hold" rating on the stock in a research note on Thursday, October 3rd. JPMorgan Chase & Co. raised 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. TD Cowen lowered shares of WNS from a "buy" rating to a "hold" rating and decreased their target price for the stock from $64.00 to $53.00 in a research note on Thursday, October 17th. Finally, Needham & Company LLC cut their price objective on shares of WNS from $70.00 to $60.00 and set a "buy" rating for the company in a research report on Friday, October 18th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, WNS presently has a consensus rating of "Hold" and an average price target of $60.33.

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.