William Blair Investment Management LLC grew its holdings in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 5.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,112,743 shares of the business services provider's stock after buying an additional 53,433 shares during the quarter. William Blair Investment Management LLC owned about 2.33% of WNS worth $52,733,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of the business. Nicholas Company Inc. lifted its holdings in WNS by 18.4% in the fourth quarter. Nicholas Company Inc. now owns 140,364 shares of the business services provider's stock valued at $6,652,000 after acquiring an additional 21,859 shares during the period. Royce & Associates LP lifted its stake in shares of WNS by 10.1% in the fourth quarter. Royce & Associates LP now owns 321,371 shares of the business services provider's stock valued at $15,230,000 after purchasing an additional 29,360 shares during the period. Aurora Investment Counsel lifted its stake in shares of WNS by 11.0% in the fourth quarter. Aurora Investment Counsel now owns 38,986 shares of the business services provider's stock valued at $1,848,000 after purchasing an additional 3,849 shares during the period. Inspire Advisors LLC boosted its holdings in WNS by 4.0% during the fourth quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider's stock worth $608,000 after buying an additional 493 shares in the last quarter. Finally, TradeLink Capital LLC acquired a new position in WNS during the fourth quarter worth about $901,000. 97.36% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on WNS shares. Jefferies Financial Group reduced their price target on shares of WNS from $60.00 to $55.00 and set a "buy" rating for the company in a research report on Tuesday, January 21st. StockNews.com upgraded WNS from a "hold" rating to a "buy" rating in a research report on Friday, January 24th. Needham & Company LLC raised their price target on WNS from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, March 11th. Finally, Robert W. Baird boosted their price objective on shares of WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, WNS presently has a consensus rating of "Moderate Buy" and an average target price of $61.63.
Read Our Latest Analysis on WNS
WNS Price Performance
Shares of WNS traded down $1.17 during trading hours on Friday, reaching $62.49. 841,731 shares of the company traded hands, compared to its average volume of 504,151. The stock has a fifty day simple moving average of $57.12 and a 200 day simple moving average of $52.79. WNS has a fifty-two week low of $39.85 and a fifty-two week high of $65.03. The stock has a market capitalization of $2.89 billion, a PE ratio of 21.85, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22. 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 posted its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates 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, research analysts predict that WNS will post 3.8 EPS for the current fiscal 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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