WNS (Holdings) Limited (NYSE:WNS) Shares Sold by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. trimmed its holdings in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 14.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,527,511 shares of the business services provider's stock after selling 250,046 shares during the period. Diamond Hill Capital Management Inc. owned 3.19% of WNS worth $80,515,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC acquired a new stake in WNS during the first quarter worth approximately $816,000. SG Americas Securities LLC lifted its holdings in shares of WNS by 13.7% during the 1st quarter. SG Americas Securities LLC now owns 93,441 shares of the business services provider's stock worth $4,722,000 after acquiring an additional 11,252 shares during the period. Oppenheimer Asset Management Inc. boosted its position in shares of WNS by 37.7% in the first quarter. Oppenheimer Asset Management Inc. now owns 8,680 shares of the business services provider's stock worth $439,000 after acquiring an additional 2,377 shares during the last quarter. Inspire Advisors LLC grew its holdings in WNS by 2.3% in the first quarter. Inspire Advisors LLC now owns 12,579 shares of the business services provider's stock valued at $636,000 after purchasing an additional 287 shares during the period. Finally, William Blair Investment Management LLC increased its position in WNS by 16.2% during the first quarter. William Blair Investment Management LLC now owns 320,863 shares of the business services provider's stock worth $16,213,000 after purchasing an additional 44,627 shares during the last quarter. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WNS has been the topic of a number of research analyst reports. Barrington Research reiterated an "outperform" rating and issued a $70.00 price target on shares of WNS in a report on Friday, October 18th. JPMorgan Chase & Co. boosted their price target on WNS from $60.00 to $73.00 and gave the company a "neutral" rating in a research report on Friday, September 6th. Citigroup set a $55.00 price objective on WNS in a report on Thursday, October 17th. TD Cowen cut 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 report on Thursday, October 17th. Finally, Needham & Company LLC dropped their target price 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 equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, WNS presently has an average rating of "Hold" and an average price target of $60.33.

WNS Stock Performance

Shares of WNS traded up $0.90 during mid-day trading on Monday, hitting $55.55. The stock had a trading volume of 250,422 shares, compared to its average volume of 480,910. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23. The company has a market cap of $2.66 billion and a PE ratio of 21.44. WNS has a fifty-two week low of $39.85 and a fifty-two week high of $72.57. The company's fifty day simple moving average is $51.46 and its two-hundred day simple moving average is $52.79.

WNS (NYSE:WNS - Get Free Report) last released its earnings results on Thursday, October 17th. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.21. WNS had a net margin of 9.39% and a return on equity of 22.76%. The firm had revenue of $310.70 million during the quarter, compared to analyst estimates of $313.66 million. On average, equities analysts expect that WNS will post 3.52 earnings per share for the current 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.