Penserra Capital Management LLC Acquires Shares of 4,088 WNS (Holdings) Limited (NYSE:WNS)

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

Other institutional investors also recently modified their holdings of the company. KLP Kapitalforvaltning AS purchased a new stake in shares of WNS in the fourth quarter worth $355,000. Kennedy Capital Management LLC purchased a new position in shares of WNS during the fourth quarter valued at approximately $2,813,000. KBC Group NV purchased a new position in WNS in the 1st quarter worth approximately $109,000. Millennium Management LLC raised its stake in WNS by 54.6% during the 4th quarter. Millennium Management LLC now owns 9,070 shares of the business services provider's stock valued at $430,000 after buying an additional 3,204 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of WNS by 9.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 40,237 shares of the business services provider's stock valued at $2,474,000 after acquiring an additional 3,467 shares during the period. 97.36% of the stock is owned by institutional investors.

WNS Stock Down 0.0%

Shares of NYSE WNS traded down $0.01 during midday trading on Tuesday, reaching $74.69. 6,061,374 shares of the company's stock traded hands, compared to its average volume of 800,183. The company has a market cap of $3.47 billion, a price-to-earnings ratio of 20.08, a P/E/G ratio of 2.14 and a beta of 0.93. WNS has a one year low of $42.62 and a one year high of $74.96. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The stock's 50 day simple moving average is $60.50 and its 200-day simple moving average is $59.08.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.45 EPS for the quarter, topping the consensus estimate of $1.41 by $0.04. WNS had a net margin of 12.94% and a return on equity of 23.26%. The business had revenue of $336.30 million during the quarter, compared to the consensus estimate of $323.62 million. During the same period in the previous year, the firm posted $1.12 earnings per share. The business's revenue for the quarter was down .8% compared to the same quarter last year. On average, analysts predict that WNS will post 3.8 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Wall Street Zen downgraded shares of WNS from a "buy" rating to a "hold" rating in a report on Saturday. Needham & Company LLC cut shares of WNS from a "moderate buy" rating to a "hold" rating in a research report on Monday, July 7th. William Blair lowered shares of WNS from a "strong-buy" rating to a "market perform" rating in a research report on Monday, July 7th. Barrington Research lowered shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Finally, Jefferies Financial Group reissued a "hold" rating and issued a $76.50 price objective (down from $80.00) on shares of WNS in a research report on Tuesday, July 8th. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $64.94.

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.