Natixis Advisors LLC Sells 399 Shares of WNS (Holdings) Limited (NYSE:WNS)

Natixis Advisors LLC reduced its stake in WNS (Holdings) Limited (NYSE:WNS) by 0.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 77,795 shares of the business services provider’s stock after selling 399 shares during the quarter. Natixis Advisors LLC’s holdings in WNS were worth $4,101,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its position in shares of WNS by 228.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 364 shares during the period. GAMMA Investing LLC lifted its position in WNS by 64.1% during the second quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock worth $33,000 after purchasing an additional 248 shares during the period. Financial Management Professionals Inc. acquired a new stake in WNS during the third quarter worth about $46,000. Amalgamated Bank bought a new position in WNS in the 2nd quarter valued at about $84,000. Finally, Blue Trust Inc. raised its position in shares of WNS by 1,151.2% in the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock valued at $140,000 after buying an additional 2,452 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Stock Up 0.3 %

Shares of NYSE:WNS opened at $52.07 on Friday. WNS has a 52-week low of $39.85 and a 52-week high of $72.57. The company has a market capitalization of $2.49 billion and a PE ratio of 20.03. 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 company has a fifty day moving average of $50.50 and a 200-day moving average of $53.27.

WNS (NYSE:WNS) last released its quarterly earnings results on Thursday, October 17th. The business services provider reported $0.99 earnings per share (EPS) 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 the consensus estimate of $313.66 million. On average, equities analysts predict that WNS will post 3.52 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on WNS shares. JPMorgan Chase & Co. increased their price target on shares of WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a research report on Friday, September 6th. TD Cowen downgraded WNS from a “buy” rating to a “hold” rating and reduced their target price for the company from $64.00 to $53.00 in a report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft lowered their price target on WNS from $55.00 to $51.00 and set a “hold” rating for the company in a report on Thursday, October 3rd. Citigroup set a $55.00 price objective on WNS in a research report on Thursday, October 17th. Finally, Barrington Research reiterated an “outperform” rating and issued a $70.00 target price on shares of WNS 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’s stock. Based on data from MarketBeat.com, WNS presently has a consensus rating of “Hold” and an average price target 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.