Expect Equity LLC Takes Position in WNS (Holdings) Limited (NYSE:WNS)

Expect Equity LLC acquired a new position in WNS (Holdings) Limited (NYSE:WNS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 51,880 shares of the business services provider's stock, valued at approximately $2,459,000. WNS comprises about 2.6% of Expect Equity LLC's holdings, making the stock its 15th largest holding. Expect Equity LLC owned about 0.11% of WNS at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Johnson Financial Group Inc. purchased a new position in WNS in the 4th quarter worth approximately $53,000. Blue Trust Inc. lifted its stake in WNS by 65.0% in the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider's stock worth $208,000 after purchasing an additional 1,732 shares in the last quarter. Pictet Asset Management Holding SA purchased a new position in WNS in the 4th quarter worth approximately $213,000. Cetera Investment Advisers lifted its stake in WNS by 35.0% in the 4th quarter. Cetera Investment Advisers now owns 5,134 shares of the business services provider's stock worth $243,000 after purchasing an additional 1,331 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC raised its position in shares of WNS by 18.1% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider's stock valued at $249,000 after buying an additional 805 shares during the period. 97.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on WNS shares. Jefferies Financial Group reduced 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. StockNews.com upgraded shares of WNS from a "hold" rating to a "buy" rating in a research note on Friday, January 24th. Needham & Company LLC upped their price objective on shares of WNS from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, March 11th. Robert W. Baird upped their price objective on shares of WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Finally, Barrington Research reiterated an "outperform" rating and set a $75.00 target price on shares of WNS in a research note on Friday, April 25th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $62.25.

WNS Price Performance

WNS stock traded up $1.59 during mid-day trading on Tuesday, reaching $55.15. The company had a trading volume of 1,024,358 shares, compared to its average volume of 560,054. WNS has a 1 year low of $42.62 and a 1 year high of $72.11. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. The company has a market capitalization of $2.55 billion, a P/E ratio of 19.28, a P/E/G ratio of 2.10 and a beta of 0.94. The stock's 50-day simple moving average is $62.07 and its 200-day simple moving average is $55.65.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.41 by $0.04. WNS had a net margin of 10.03% and a return on equity of 22.25%. The company had revenue of $336.30 million during the quarter, compared to analysts' expectations of $323.62 million. During the same period last year, the company posted $1.12 earnings per share. The firm's quarterly revenue was down .8% compared to the same quarter last year. On average, equities analysts predict that WNS will post 3.8 EPS for the current year.

WNS 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.