WNS (Holdings) Limited (NYSE:WNS) Shares Acquired by WCM Investment Management LLC

WCM Investment Management LLC increased its stake in WNS (Holdings) Limited (NYSE:WNS) by 0.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 272,532 shares of the business services provider’s stock after acquiring an additional 627 shares during the period. WCM Investment Management LLC’s holdings in WNS were worth $14,245,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in WNS. Janney Montgomery Scott LLC purchased a new stake in shares of WNS in the first quarter worth approximately $816,000. Oppenheimer Asset Management Inc. increased its stake 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 purchasing an additional 2,377 shares during the period. William Blair Investment Management LLC boosted its position in shares of WNS by 16.2% in the first quarter. William Blair Investment Management LLC now owns 320,863 shares of the business services provider’s stock valued at $16,213,000 after acquiring an additional 44,627 shares during the period. Pembroke Management LTD increased its holdings in shares of WNS by 8.1% during the 1st quarter. Pembroke Management LTD now owns 411,082 shares of the business services provider’s stock worth $20,772,000 after purchasing an additional 30,639 shares during the period. Finally, Tocqueville Asset Management L.P. bought a new stake in shares of WNS in the 1st quarter worth approximately $1,971,000. Institutional investors own 97.36% of the company’s stock.

WNS Trading Up 0.5 %

NYSE WNS opened at $54.90 on Tuesday. WNS has a 12 month low of $39.85 and a 12 month high of $72.57. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23. The stock has a 50 day moving average of $51.46 and a 200-day moving average of $52.79. The company has a market cap of $2.62 billion and a PE ratio of 21.12.

WNS (NYSE:WNS) last announced its quarterly earnings results on Thursday, October 17th. The business services provider reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.21. The firm had revenue of $310.70 million during the quarter, compared to analysts’ expectations of $313.66 million. WNS had a net margin of 9.39% and a return on equity of 22.76%. On average, equities research analysts anticipate that WNS will post 3.52 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, September 6th. Citigroup set a $55.00 price target on shares of WNS in a research report on Thursday, October 17th. Needham & Company LLC reduced their target price on WNS from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, October 18th. Deutsche Bank Aktiengesellschaft cut their price target on shares of WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a research note on Thursday, October 3rd. Finally, Barrington Research reaffirmed an “outperform” rating and set a $70.00 price objective on shares of WNS in a research report on Friday, October 18th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, WNS presently has an average rating of “Hold” and an average target price of $60.33.

About WNS

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.