Edgestream Partners L.P. Acquires Shares of 6,350 WNS (Holdings) Limited (NYSE:WNS)

Edgestream Partners L.P. acquired a new stake in WNS (Holdings) Limited (NYSE:WNS - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,350 shares of the business services provider's stock, valued at approximately $390,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Hhlr Advisors LTD. acquired a new stake in shares of WNS during the fourth quarter valued at about $72,576,000. Mesirow Institutional Investment Management Inc. acquired a new stake in shares of WNS during the fourth quarter valued at about $14,181,000. Voloridge Investment Management LLC acquired a new stake in shares of WNS during the fourth quarter valued at about $7,813,000. Vise Technologies Inc. acquired a new stake in shares of WNS during the fourth quarter valued at about $4,310,000. Finally, Vanguard Group Inc. grew its stake in shares of WNS by 27.1% during the fourth quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider's stock valued at $19,693,000 after acquiring an additional 88,698 shares in the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on WNS. Jefferies Financial Group reiterated a "hold" rating and issued a $76.50 price target (down from $80.00) on shares of WNS in a research note on Tuesday, July 8th. William Blair downgraded WNS from a "strong-buy" rating to a "market perform" rating in a research note on Monday, July 7th. Barrington Research downgraded WNS from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 8th. Wall Street Zen downgraded WNS from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Finally, Baird R W downgraded WNS from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 8th. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $68.13.

WNS Stock Performance

Shares of NYSE WNS opened at $74.78 on Friday. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The firm's 50-day moving average price is $61.90 and its two-hundred day moving average price is $59.76. WNS has a 52-week low of $42.62 and a 52-week high of $74.96. The stock has a market capitalization of $3.47 billion, a P/E ratio of 20.10, a P/E/G ratio of 2.15 and a beta of 0.93.

WNS (NYSE:WNS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share 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 analysts' expectations of $323.62 million. WNS had a return on equity of 23.26% and a net margin of 12.94%. The business's revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 earnings per share. As a group, sell-side analysts forecast that WNS will post 3.8 earnings per share for the current year.

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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