CWA Asset Management Group LLC Invests $835,000 in WNS (Holdings) Limited (NYSE:WNS)

CWA Asset Management Group LLC bought a new position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 13,584 shares of the business services provider's stock, valued at approximately $835,000.

Several other large investors have also recently added to or reduced their stakes in the business. Johnson Financial Group Inc. acquired a new position in WNS during the 4th quarter worth approximately $53,000. NBC Securities Inc. purchased a new position in WNS during the 1st quarter worth $96,000. Ironwood Wealth Management LLC. purchased a new position in WNS during the 1st quarter worth $209,000. Pictet Asset Management Holding SA purchased a new position in WNS during the 4th quarter worth $213,000. Finally, Cetera Investment Advisers increased its holdings in shares of WNS by 35.0% in the 4th quarter. Cetera Investment Advisers now owns 5,134 shares of the business services provider's stock valued at $243,000 after purchasing an additional 1,331 shares in the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WNS has been the subject of a number of research analyst reports. Needham & Company LLC increased their price target on shares of WNS from $65.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday, March 11th. Barrington Research reaffirmed an "outperform" rating and set a $75.00 price target on shares of WNS in a research note on Friday, April 25th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $62.25.

WNS Trading Down 5.8%

NYSE WNS traded down $3.39 during mid-day trading on Friday, hitting $55.17. The company's stock had a trading volume of 1,413,771 shares, compared to its average volume of 585,740. WNS has a 52-week low of $42.62 and a 52-week high of $72.11. The stock's fifty day simple moving average is $59.30 and its two-hundred day simple moving average is $56.91. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.76. The firm has a market capitalization of $2.56 billion, a P/E ratio of 14.83, a price-to-earnings-growth ratio of 1.57 and a beta of 0.92.

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

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.