GAM Holding AG acquired a new position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 25,000 shares of the business services provider's stock, valued at approximately $1,537,000. GAM Holding AG owned 0.05% of WNS as of its most recent filing with the SEC.
Other hedge funds have also recently made changes to their positions in the company. Hhlr Advisors LTD. acquired a new stake in WNS during the 4th quarter worth approximately $72,576,000. Thrivent Financial for Lutherans lifted its holdings in WNS by 26.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,483,569 shares of the business services provider's stock worth $70,307,000 after buying an additional 312,519 shares in the last quarter. Mesirow Institutional Investment Management Inc. acquired a new stake in WNS during the 4th quarter worth approximately $14,181,000. Voloridge Investment Management LLC acquired a new stake in WNS during the 4th quarter worth approximately $7,813,000. Finally, Principal Financial Group Inc. lifted its holdings in WNS by 3,523.4% during the 4th quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider's stock worth $7,219,000 after buying an additional 148,122 shares in the last quarter. Hedge funds and other institutional investors own 97.36% of the company's stock.
WNS Trading Down 5.8%
Shares of NYSE:WNS opened at $55.17 on Friday. WNS has a 52 week low of $42.62 and a 52 week high of $72.11. The company's 50 day moving average is $59.30 and its two-hundred day moving average is $56.91. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.19. The company has a market cap of $2.56 billion, a PE ratio of 14.83, a P/E/G ratio of 1.57 and a beta of 0.92.
WNS (NYSE:WNS - Get Free Report) last posted its earnings results on Thursday, April 24th. The business services provider reported $1.45 EPS 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 the consensus estimate of $323.62 million. WNS had a net margin of 12.94% and a return on equity of 23.26%. The company's revenue was down .8% on a year-over-year basis. During the same period last year, the firm posted $1.12 EPS. Equities analysts predict that WNS will post 3.8 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on WNS shares. Barrington Research reiterated an "outperform" rating and set a $75.00 target price on shares of WNS in a report on Friday, April 25th. Needham & Company LLC increased their price objective on shares of WNS from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, March 11th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $62.25.
View Our Latest Analysis on WNS
About WNS
(
Free Report)
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.
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