Diamond Hill Capital Management Inc. Has $86.61 Million Stock Position in WNS (Holdings) Limited (NYSE:WNS)

Diamond Hill Capital Management Inc. grew its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 2.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,408,501 shares of the business services provider's stock after purchasing an additional 35,074 shares during the quarter. Diamond Hill Capital Management Inc. owned 3.05% of WNS worth $86,609,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Johnson Financial Group Inc. purchased a new stake in shares of WNS during the 4th quarter valued at about $53,000. NBC Securities Inc. purchased a new stake in WNS during the 1st quarter worth approximately $96,000. KBC Group NV bought a new position in WNS during the 1st quarter worth approximately $109,000. Ironwood Wealth Management LLC. bought a new position in WNS during the 1st quarter worth approximately $209,000. Finally, Bailard Inc. acquired a new stake in shares of WNS during the 1st quarter valued at approximately $231,000. Institutional investors and hedge funds own 97.36% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on WNS shares. Barrington Research downgraded shares of WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Wall Street Zen downgraded shares of WNS from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Baird R W cut shares of WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Needham & Company LLC downgraded WNS from a "moderate buy" rating to a "hold" rating in a research note on Monday, July 7th. Finally, 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 target on the stock. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $68.13.

WNS Price Performance

Shares of NYSE:WNS traded down $0.08 during trading hours on Friday, hitting $74.71. 1,048,880 shares of the company's stock traded hands, compared to its average volume of 4,108,875. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.76 and a current ratio of 1.76. WNS has a 52 week low of $42.62 and a 52 week high of $75.09. The company has a market cap of $3.47 billion, a price-to-earnings ratio of 20.81, a price-to-earnings-growth ratio of 2.25 and a beta of 0.93. The company's fifty day simple moving average is $63.51 and its two-hundred day simple moving average is $60.44.

WNS (NYSE:WNS - Get Free Report) last announced its earnings results on Thursday, July 24th. The business services provider reported $1.02 earnings per share (EPS) 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 the consensus estimate of $323.13 million. WNS had a net margin of 12.11% and a return on equity of 23.03%. The company's revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.93 EPS. As a group, equities analysts anticipate that WNS will post 3.8 EPS for the current fiscal year.

About WNS

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.