Fmr LLC Lowers Holdings in WNS (Holdings) Limited (NYSE:WNS)

FMR LLC trimmed its position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 21.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,869,330 shares of the business services provider's stock after selling 1,029,213 shares during the period. FMR LLC owned about 8.09% of WNS worth $183,368,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its holdings in shares of WNS by 65.0% in the fourth quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider's stock worth $208,000 after buying an additional 1,732 shares during the period. Pictet Asset Management Holding SA purchased a new stake in shares of WNS during the fourth quarter valued at $213,000. Mount Yale Investment Advisors LLC grew its holdings in shares of WNS by 18.1% in the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider's stock worth $249,000 after purchasing an additional 805 shares during the last quarter. DGS Capital Management LLC bought a new stake in WNS during the 3rd quarter valued at about $291,000. Finally, Central Pacific Bank Trust Division boosted its position in WNS by 29.5% in the 4th quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider's stock valued at $329,000 after buying an additional 1,580 shares during the period. 97.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Needham & Company LLC lifted their target price on WNS from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, March 11th. Robert W. Baird increased their target price on shares of WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. StockNews.com raised shares of WNS from a "hold" rating to a "buy" rating in a research report on Friday, January 24th. Jefferies Financial Group cut their price objective on shares of WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a report on Tuesday, January 21st. Finally, Barrington Research upped their target price on WNS from $63.00 to $75.00 and gave the stock an "outperform" rating in a report on Wednesday, March 26th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, WNS currently has a consensus rating of "Moderate Buy" and an average target price of $62.25.

WNS Stock Performance

WNS stock traded down $0.05 during mid-day trading on Friday, reaching $66.54. 523,246 shares of the company traded hands, compared to its average volume of 551,369. WNS has a fifty-two week low of $39.85 and a fifty-two week high of $72.11. The firm's fifty day moving average is $61.21 and its two-hundred day moving average is $54.14. 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 $3.08 billion, a price-to-earnings ratio of 23.27, a price-to-earnings-growth ratio of 2.10 and a beta of 0.96.

WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 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%. On average, equities research analysts expect that WNS will post 3.8 earnings per share for the current fiscal year.

WNS 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.