Nuveen LLC acquired a new position in WNS (Holdings) Limited (NYSE:WNS - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 606,946 shares of the business services provider's stock, valued at approximately $37,321,000. Nuveen LLC owned approximately 1.31% of WNS as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in WNS. LPL Financial LLC lifted its position in shares of WNS by 3.9% in the fourth quarter. LPL Financial LLC now owns 13,770 shares of the business services provider's stock worth $653,000 after purchasing an additional 514 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of WNS by 24.1% in the fourth quarter. Wells Fargo & Company MN now owns 30,665 shares of the business services provider's stock worth $1,453,000 after purchasing an additional 5,958 shares in the last quarter. Legal & General Group Plc raised its position in WNS by 496.5% during the fourth quarter. Legal & General Group Plc now owns 51,119 shares of the business services provider's stock worth $2,423,000 after acquiring an additional 42,549 shares in the last quarter. Synovus Financial Corp raised its position in WNS by 63.3% during the fourth quarter. Synovus Financial Corp now owns 11,454 shares of the business services provider's stock worth $543,000 after acquiring an additional 4,439 shares in the last quarter. Finally, Barclays PLC raised its position in WNS by 12.4% during the fourth quarter. Barclays PLC now owns 76,439 shares of the business services provider's stock worth $3,622,000 after acquiring an additional 8,432 shares in the last quarter. Institutional investors own 97.36% of the company's stock.
Wall Street Analyst Weigh In
Several analysts have issued reports on WNS shares. Baird R W lowered shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of WNS in a research report on Thursday, July 17th. They set a "hold" rating and a $76.50 price target on the stock. 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, Needham & Company LLC lowered shares of WNS from a "moderate buy" rating to a "hold" rating in a research report on Monday, July 7th. Two equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $68.13.
Check Out Our Latest Analysis on WNS
WNS Stock Performance
Shares of WNS traded up $0.0950 during trading hours on Thursday, hitting $75.3950. The company had a trading volume of 244,086 shares, compared to its average volume of 904,553. The firm has a market cap of $3.23 billion, a price-to-earnings ratio of 21.00, a PEG ratio of 2.24 and a beta of 0.90. The business has a fifty day moving average of $70.29 and a 200-day moving average of $63.59. WNS has a 12 month low of $42.62 and a 12 month high of $75.58. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.18.
WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.05. The company had revenue of $339.90 million for the quarter, compared to analyst estimates of $323.13 million. WNS had a net margin of 12.11% and a return on equity of 22.90%. The company's revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.93 earnings per share. Equities analysts anticipate that WNS will post 3.8 EPS for the current fiscal year.
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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