Dark Forest Capital Management LP Makes New $254,000 Investment in WNS (Holdings) Limited (NYSE:WNS)

Dark Forest Capital Management LP purchased a new stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 5,363 shares of the business services provider's stock, valued at approximately $254,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC grew its stake in WNS by 329.7% in the 3rd quarter. Barclays PLC now owns 68,007 shares of the business services provider's stock valued at $3,584,000 after buying an additional 52,179 shares during the last quarter. Virtu Financial LLC bought a new position in shares of WNS during the third quarter worth approximately $745,000. DGS Capital Management LLC bought a new position in shares of WNS during the third quarter worth approximately $291,000. Central Pacific Bank Trust Division lifted its holdings in WNS by 29.5% during the 4th quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider's stock worth $329,000 after purchasing an additional 1,580 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in WNS by 15,848.8% in the 4th 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 during the period. 97.36% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on WNS. StockNews.com raised WNS from a "hold" rating to a "buy" rating in a report on Friday, January 24th. Barrington Research reissued an "outperform" rating and issued a $75.00 price objective on shares of WNS in a report on Friday, April 25th. Needham & Company LLC increased their target price on shares of WNS from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Tuesday, March 11th. Robert W. Baird lifted 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. Finally, Jefferies Financial Group reduced their price target on WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, WNS presently has an average rating of "Moderate Buy" and a consensus price target of $62.25.

WNS Price Performance

NYSE:WNS traded up $0.36 during mid-day trading on Friday, reaching $59.66. The stock had a trading volume of 520,911 shares, compared to its average volume of 555,697. The stock has a 50-day simple moving average of $62.02 and a two-hundred day simple moving average of $55.22. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. WNS has a 12 month low of $42.62 and a 12 month high of $72.11. The stock has a market capitalization of $2.76 billion, a PE ratio of 20.86, a P/E/G ratio of 2.10 and a beta of 0.96.

WNS (NYSE:WNS - Get Free Report) last issued its earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates of $1.41 by $0.04. The firm had revenue of $336.30 million for the quarter, compared to analyst estimates of $323.62 million. WNS had a net margin of 10.03% and a return on equity of 22.25%. The company's quarterly revenue was down .8% on a year-over-year basis. During the same quarter last year, the business posted $1.12 earnings per share. On average, equities analysts anticipate that WNS will post 3.8 earnings per share 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.