4,088 Shares in WNS (Holdings) Limited (NYSE:WNS) Bought by Penserra Capital Management LLC

Penserra Capital Management LLC bought a new position in WNS (Holdings) Limited (NYSE:WNS - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 4,088 shares of the business services provider's stock, valued at approximately $251,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Johnson Financial Group Inc. bought a new position in shares of WNS during the 4th quarter valued at about $53,000. NBC Securities Inc. bought a new position in shares of WNS during the 1st quarter valued at about $96,000. KBC Group NV bought a new position in shares of WNS during the 1st quarter valued at about $109,000. Ironwood Wealth Management LLC. bought a new position in shares of WNS during the 1st quarter valued at about $209,000. Finally, Yorktown Management & Research Co Inc bought a new position in shares of WNS during the 1st quarter valued at about $234,000. Institutional investors own 97.36% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on WNS shares. Needham & Company LLC downgraded shares of WNS from a "moderate buy" rating to a "hold" rating in a report on Monday, July 7th. Wall Street Zen cut shares of WNS from a "buy" rating to a "hold" rating in a research report on Saturday. Baird R W cut shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Jefferies Financial Group restated a "hold" rating and set a $76.50 target price (down from $80.00) on shares of WNS in a research report on Tuesday. Finally, William Blair cut shares of WNS from a "strong-buy" rating to a "market perform" rating in a research report on Monday. Nine analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $64.94.

WNS Stock Down 0.1%

Shares of NYSE:WNS opened at $74.76 on Friday. WNS has a 1 year low of $42.62 and a 1 year high of $74.96. The business has a 50 day simple moving average of $60.20 and a two-hundred day simple moving average of $58.72. The firm has a market capitalization of $3.47 billion, a PE ratio of 20.10, a price-to-earnings-growth ratio of 2.15 and a beta of 0.93. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.76.

WNS (NYSE:WNS - Get Free Report) last announced its earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.04. WNS had a return on equity of 23.26% and a net margin of 12.94%. The business had revenue of $336.30 million during the quarter, compared to analyst estimates of $323.62 million. During the same quarter in the previous year, the business earned $1.12 earnings per share. The company's revenue for the quarter 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.

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