Bank of America Corp DE Sells 23,931 Shares of WNS (Holdings) Limited (NYSE:WNS)

Bank of America Corp DE trimmed its position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 7.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 287,549 shares of the business services provider's stock after selling 23,931 shares during the period. Bank of America Corp DE owned about 0.60% of WNS worth $13,627,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Barclays PLC raised its position in WNS by 329.7% during the 3rd quarter. Barclays PLC now owns 68,007 shares of the business services provider's stock valued at $3,584,000 after purchasing an additional 52,179 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in shares of WNS by 15,848.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider's stock valued at $4,059,000 after buying an additional 85,108 shares during the period. SG Americas Securities LLC increased its stake in shares of WNS by 30.4% during the fourth quarter. SG Americas Securities LLC now owns 20,196 shares of the business services provider's stock valued at $957,000 after buying an additional 4,705 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of WNS by 15.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 36,770 shares of the business services provider's stock valued at $1,743,000 after acquiring an additional 4,852 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in WNS by 65.0% in the fourth quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider's stock worth $208,000 after acquiring an additional 1,732 shares during the period. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

WNS Stock Down 1.1%

Shares of WNS stock traded down $0.62 during trading on Tuesday, hitting $57.18. The company's stock had a trading volume of 674,925 shares, compared to its average volume of 576,553. WNS has a 52 week low of $42.62 and a 52 week high of $72.11. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81. The company has a fifty day simple moving average of $61.04 and a two-hundred day simple moving average of $56.12. The company has a market capitalization of $2.65 billion, a PE ratio of 19.99, a P/E/G ratio of 2.10 and a beta of 0.94.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.04. WNS had a return on equity of 22.25% and a net margin of 10.03%. The company had revenue of $336.30 million for the quarter, compared to the consensus estimate of $323.62 million. During the same quarter in the prior year, the business posted $1.12 EPS. The firm's quarterly revenue was down .8% compared to the same quarter last year. Equities research analysts predict that WNS will post 3.8 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on WNS. Barrington Research reissued an "outperform" rating and set a $75.00 price objective on shares of WNS in a research report on Friday, April 25th. Needham & Company LLC boosted their price target 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 assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $62.25.

WNS Company 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.