WNS (Holdings) Limited (NYSE:WNS) Stock Position Lowered by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC trimmed its holdings in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 789,140 shares of the business services provider's stock after selling 40,096 shares during the period. WNS comprises about 2.1% of Rice Hall James & Associates LLC's holdings, making the stock its 8th largest position. Rice Hall James & Associates LLC owned approximately 1.65% of WNS worth $37,397,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in WNS. Thrivent Financial for Lutherans bought a new position in shares of WNS in the third quarter valued at $61,726,000. State Street Corp lifted its position in shares of WNS by 40.5% during the third quarter. State Street Corp now owns 743,343 shares of the business services provider's stock valued at $39,182,000 after purchasing an additional 214,417 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of WNS by 3,523.4% during the fourth quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider's stock valued at $7,219,000 after purchasing an additional 148,122 shares in the last quarter. FMR LLC lifted its position in shares of WNS by 2.1% during the third quarter. FMR LLC now owns 4,898,543 shares of the business services provider's stock valued at $258,202,000 after purchasing an additional 99,195 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its position in shares of WNS by 15,848.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider's stock valued at $4,059,000 after purchasing an additional 85,108 shares in the last quarter. 97.36% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Needham & Company LLC raised their price target on shares of WNS from $60.00 to $65.00 and gave the company a "buy" rating in a research report on Thursday, January 23rd. Robert W. Baird raised their price target on shares of WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Jefferies Financial Group dropped their price target on shares of WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday, January 21st. Finally, StockNews.com upgraded shares of WNS from a "hold" rating to a "buy" rating in a research note on Friday, January 24th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, WNS presently has a consensus rating of "Moderate Buy" and a consensus target price of $61.00.

WNS Stock Performance

WNS traded down $2.24 during midday trading on Friday, reaching $55.43. The company had a trading volume of 328,204 shares, compared to its average volume of 511,591. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81. The stock has a market cap of $2.56 billion, a PE ratio of 19.38, a P/E/G ratio of 2.12 and a beta of 1.19. WNS has a 12-month low of $39.85 and a 12-month high of $65.03. The business has a 50-day moving average price of $52.15 and a two-hundred day moving average price of $52.72.

WNS (NYSE:WNS - Get Free Report) last announced 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 net margin of 10.03% and a return on equity of 22.25%. On average, sell-side analysts expect that WNS will post 3.8 earnings per share for the current fiscal 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.