WNS (Holdings) Limited (NYSE:WNS) Position Boosted by Fmr LLC

Fmr LLC increased its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 2.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,898,543 shares of the business services provider’s stock after acquiring an additional 99,195 shares during the period. Fmr LLC owned about 10.25% of WNS worth $258,202,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WNS. Harbor Capital Advisors Inc. raised its holdings in shares of WNS by 406.0% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 36,948 shares of the business services provider’s stock valued at $1,940,000 after purchasing an additional 29,646 shares in the last quarter. TimesSquare Capital Management LLC raised its stake in WNS by 17.1% during the 3rd quarter. TimesSquare Capital Management LLC now owns 377,825 shares of the business services provider’s stock valued at $19,915,000 after purchasing an additional 55,306 shares during the last quarter. William Blair Investment Management LLC lifted its stake in shares of WNS by 8.3% in the second quarter. William Blair Investment Management LLC now owns 347,511 shares of the business services provider’s stock valued at $18,244,000 after buying an additional 26,648 shares during the period. Diamond Hill Capital Management Inc. lifted its position in shares of WNS by 11.9% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 1,777,557 shares of the business services provider’s stock worth $93,322,000 after acquiring an additional 188,616 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new position in WNS in the second quarter worth $876,000. 97.36% of the stock is owned by hedge funds and other institutional investors.

WNS Stock Up 1.5 %

Shares of WNS stock opened at $54.23 on Monday. The company has a market capitalization of $2.59 billion and a price-to-earnings ratio of 20.86. WNS has a 12-month low of $39.85 and a 12-month high of $72.57. The firm has a fifty day moving average of $50.30 and a 200-day moving average of $53.40. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23.

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

Analyst Ratings Changes

WNS has been the subject of a number of analyst reports. Needham & Company LLC cut their price target on shares of WNS from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, October 18th. Citigroup set a $55.00 price objective on shares of WNS in a report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft lowered their target price on WNS from $55.00 to $51.00 and set a “hold” rating for the company in a research note on Thursday, October 3rd. TD Cowen cut shares of WNS from a “buy” rating to a “hold” rating and lowered their price target for the stock from $64.00 to $53.00 in a research report on Thursday, October 17th. Finally, JPMorgan Chase & Co. upped their price objective on WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a report on Friday, September 6th. Four 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, WNS currently has an average rating of “Hold” and an average target price of $60.33.

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.