5,994 Shares in WNS (Holdings) Limited $WNS Bought by Walleye Capital LLC

Key Points

• Walleye Capital LLC acquired 5,994 shares of WNS (Holdings) Limited for approximately $369,000 in the first quarter of this year.
• WNS reported $1.02 earnings per share for the last quarter, surpassing analysts' expectations, and achieved a year-over-year revenue increase of 9.5%.
• As of now, WNS has received ratings from analysts, with two "Buy" ratings and eight "Hold" ratings, highlighting a cautious outlook on the stock.

Walleye Capital LLC bought a new position in WNS (Holdings) Limited (NYSE:WNS - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,994 shares of the business services provider's stock, valued at approximately $369,000.

A number of other institutional investors have also recently modified their holdings of WNS. NBC Securities Inc. purchased a new stake in shares of WNS in the first quarter worth $96,000. KBC Group NV purchased a new stake in shares of WNS in the first quarter worth $109,000. Ironwood Wealth Management LLC. purchased a new stake in shares of WNS in the first quarter worth $209,000. Global Alpha Capital Management Ltd. purchased a new stake in shares of WNS in the first quarter worth $217,000. Finally, Bailard Inc. purchased a new stake in shares of WNS in the first quarter worth $231,000. 97.36% of the stock is owned by hedge funds and other institutional investors.

WNS Trading Down 0.1%

WNS stock opened at $75.36 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.47 and a quick ratio of 1.47. WNS has a one year low of $42.62 and a one year high of $75.58. The stock has a market capitalization of $3.23 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 2.24 and a beta of 0.91. The business's fifty day moving average is $73.01 and its 200 day moving average is $64.51.

WNS (NYSE:WNS - Get Free Report) last posted its earnings results on Thursday, July 24th. The business services provider reported $1.02 earnings per share for the quarter, beating analysts' consensus estimates of $0.97 by $0.05. WNS had a return on equity of 22.90% and a net margin of 12.11%.The company had revenue of $339.90 million for the quarter, compared to the consensus estimate of $323.13 million. During the same quarter in the prior year, the company earned $0.93 earnings per share. WNS's revenue was up 9.5% on a year-over-year basis. On average, sell-side analysts predict that WNS will post 3.8 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on WNS shares. Wall Street Zen cut WNS from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Needham & Company LLC cut WNS from a "moderate buy" rating to a "hold" rating in a research note on Monday, July 7th. Jefferies Financial Group reissued a "hold" rating and issued a $76.50 target price (down from $80.00) on shares of WNS in a research note on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft started coverage on WNS in a research report on Thursday, July 17th. They set a "hold" rating and a $76.50 price objective on the stock. Finally, William Blair cut WNS from a "strong-buy" rating to a "market perform" rating in a research report on Monday, July 7th. Two equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $68.13.

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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