WNS (Holdings) Limited (NYSE:WNS) is Neumeier Poma Investment Counsel LLC's 10th Largest Position

Key Points

• Neumeier Poma Investment Counsel LLC increased its holdings in WNS (Holdings) Limited by 35.3%, acquiring an additional 127,445 shares, bringing its total to 488,103 shares, which represents about 3.2% of its overall portfolio.
• WNS reported earnings per share of $1.02 for the last quarter, surpassing analysts' expectations of $0.97, and its revenue of $339.90 million also beat estimates.
• Recent analyst ratings show a consensus of "Hold" for WNS stock, with nine analysts providing this rating and a price target average of $68.13.

Neumeier Poma Investment Counsel LLC grew its position in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 35.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 488,103 shares of the business services provider's stock after acquiring an additional 127,445 shares during the period. WNS accounts for approximately 3.2% of Neumeier Poma Investment Counsel LLC's investment portfolio, making the stock its 10th biggest position. Neumeier Poma Investment Counsel LLC owned 1.06% of WNS worth $30,013,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. boosted its holdings in shares of WNS by 1.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 104,471 shares of the business services provider's stock worth $6,424,000 after purchasing an additional 1,117 shares in the last quarter. Horizon Family Wealth Inc. raised its holdings in WNS by 12.8% during the 1st quarter. Horizon Family Wealth Inc. now owns 7,442 shares of the business services provider's stock valued at $458,000 after buying an additional 843 shares during the last quarter. Westfield Capital Management Co. LP purchased a new stake in WNS during the 1st quarter valued at $51,712,000. PNC Financial Services Group Inc. bought a new stake in WNS in the 1st quarter worth $341,000. Finally, Natixis Advisors LLC increased its position in shares of WNS by 2.8% in the first quarter. Natixis Advisors LLC now owns 54,545 shares of the business services provider's stock valued at $3,354,000 after acquiring an additional 1,507 shares during the period. 97.36% of the stock is owned by institutional investors and hedge funds.

WNS Stock Up 0.1%

Shares of WNS traded up $0.06 during midday trading on Monday, hitting $74.91. The company had a trading volume of 241,357 shares, compared to its average volume of 1,135,138. The company's 50-day simple moving average is $67.40 and its 200-day simple moving average is $62.78. 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 1 year low of $42.62 and a 1 year high of $75.14. The firm has a market capitalization of $3.48 billion, a P/E ratio of 20.86, a P/E/G ratio of 2.22 and a beta of 0.90.

WNS (NYSE:WNS - Get Free Report) last issued 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. WNS had a net margin of 12.11% and a return on equity of 23.03%. The business had revenue of $339.90 million during the quarter, compared to analysts' expectations of $323.13 million. During the same quarter in the prior year, the business posted $0.93 EPS. The company's revenue for the quarter was up 9.5% on a year-over-year basis. As a group, sell-side analysts expect that WNS will post 3.8 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Barrington Research lowered shares of WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of WNS in a report on Thursday, July 17th. They issued a "hold" rating and a $76.50 target price for the company. Jefferies Financial Group restated a "hold" rating and issued a $76.50 price objective (down from $80.00) on shares of WNS in a report on Tuesday, July 8th. William Blair cut shares of WNS from a "strong-buy" rating to a "market perform" rating in a research note on Monday, July 7th. Finally, Wall Street Zen cut WNS from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $68.13.

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.