Massachusetts Financial Services Co. MA Increases Position in WNS (Holdings) Limited (NYSE:WNS)

Massachusetts Financial Services Co. MA raised its position in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 19.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 464,349 shares of the business services provider's stock after buying an additional 74,229 shares during the period. Massachusetts Financial Services Co. MA owned about 1.00% of WNS worth $28,553,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WNS. Johnson Financial Group Inc. purchased a new stake in shares of WNS during the fourth quarter worth about $53,000. NBC Securities Inc. purchased a new stake in shares of WNS during the first quarter worth about $96,000. KBC Group NV purchased a new stake in shares of WNS during the first quarter worth about $109,000. Ironwood Wealth Management LLC. purchased a new stake in shares of WNS during the first quarter worth about $209,000. Finally, Pictet Asset Management Holding SA purchased a new stake in shares of WNS during the fourth quarter worth about $213,000. Hedge funds and other institutional investors own 97.36% of the company's stock.

Analyst Ratings Changes

WNS has been the subject of a number of research reports. Wall Street Zen cut shares of WNS from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Needham & Company LLC lowered shares of WNS from a "moderate buy" rating to a "hold" rating in a research report on Monday, July 7th. William Blair lowered shares of WNS from a "strong-buy" rating to a "market perform" rating in a research report on Monday, July 7th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of WNS in a report on Thursday. They issued a "hold" rating and a $76.50 target price on the stock. Finally, Jefferies Financial Group reiterated a "hold" rating and issued a $76.50 target price (down from $80.00) on shares of WNS in a report on Tuesday, July 8th. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, WNS has an average rating of "Hold" and a consensus target price of $68.13.

WNS Trading Up 0.2%

Shares of WNS stock traded up $0.18 during trading hours on Friday, hitting $74.78. The company had a trading volume of 1,901,480 shares, compared to its average volume of 822,555. WNS has a fifty-two week low of $42.62 and a fifty-two week high of $74.96. The company's fifty day moving average is $61.90 and its 200 day moving average is $59.76. The stock has a market capitalization of $3.47 billion, a PE ratio of 20.10, a price-to-earnings-growth ratio of 2.15 and a beta of 0.93. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.76.

WNS (NYSE:WNS - Get Free Report) last announced its 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 net margin of 12.94% and a return on equity of 23.26%. The firm had revenue of $336.30 million for the quarter, compared to the consensus estimate of $323.62 million. During the same period in the prior year, the firm earned $1.12 EPS. The firm's revenue for the quarter was down .8% on a year-over-year basis. Research analysts expect that WNS will post 3.8 earnings per share 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.