WNS (Holdings) Limited (NYSE:WNS) Shares Sold by Nalanda India Fund LTD

Nalanda India Fund LTD reduced its position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 19.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,044,662 shares of the business services provider's stock after selling 720,012 shares during the quarter. WNS accounts for approximately 100.0% of Nalanda India Fund LTD's investment portfolio, making the stock its biggest holding. Nalanda India Fund LTD owned approximately 6.37% of WNS worth $144,287,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. EverSource Wealth Advisors LLC increased its stake in WNS by 228.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider's stock worth $27,000 after buying an additional 364 shares in the last quarter. Financial Management Professionals Inc. acquired a new position in WNS in the 3rd quarter valued at $46,000. Amalgamated Bank purchased a new position in WNS in the 2nd quarter valued at $84,000. GAMMA Investing LLC boosted its stake in WNS by 237.2% during the 3rd quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider's stock worth $113,000 after purchasing an additional 1,506 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of WNS by 1,151.2% during the third quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider's stock worth $140,000 after buying an additional 2,452 shares in the last quarter. 97.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on WNS. Needham & Company LLC upped their price objective on shares of WNS from $60.00 to $65.00 and gave the company a "buy" rating in a research note on Thursday. Barrington Research reaffirmed an "outperform" rating and issued a $70.00 price target on shares of WNS in a report on Friday, October 18th. StockNews.com upgraded WNS from a "hold" rating to a "buy" rating in a report on Friday. Robert W. Baird raised their target price on WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a research note on Friday. Finally, Jefferies Financial Group decreased their price target on WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research note on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, WNS presently has a consensus rating of "Moderate Buy" and an average price target of $61.00.

WNS Stock Performance

WNS stock traded down $0.71 during midday trading on Monday, hitting $61.70. 495,594 shares of the company's stock were exchanged, compared to its average volume of 554,200. The firm's 50 day simple moving average is $48.89 and its 200 day simple moving average is $52.34. WNS has a 12-month low of $39.85 and a 12-month high of $72.40. 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 stock has a market cap of $2.95 billion, a price-to-earnings ratio of 23.73, a price-to-earnings-growth ratio of 2.00 and a beta of 1.16.

WNS (NYSE:WNS - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a return on equity of 22.76% and a net margin of 9.39%. Equities research analysts predict that WNS will post 3.52 EPS for the current year.

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.