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 stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 35.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 488,103 shares of the business services provider's stock after buying an additional 127,445 shares during the period. WNS makes up 3.2% of Neumeier Poma Investment Counsel LLC's portfolio, making the stock its 10th biggest position. Neumeier Poma Investment Counsel LLC owned approximately 1.06% of WNS worth $30,013,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Principal Financial Group Inc. lifted its holdings in WNS by 3.5% during the first quarter. Principal Financial Group Inc. now owns 157,659 shares of the business services provider's stock worth $9,694,000 after acquiring an additional 5,333 shares in the last quarter. Kennedy Capital Management LLC bought a new stake in WNS during the fourth quarter worth about $2,813,000. KBC Group NV acquired a new position in WNS during the first quarter worth approximately $109,000. Teacher Retirement System of Texas acquired a new position in WNS during the first quarter worth approximately $357,000. Finally, Envestnet Asset Management Inc. grew its position in shares of WNS by 13.3% in the first quarter. Envestnet Asset Management Inc. now owns 65,188 shares of the business services provider's stock valued at $4,008,000 after purchasing an additional 7,671 shares during the last quarter. 97.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on WNS. Baird R W downgraded WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft began coverage on WNS in a research note on Thursday, July 17th. They issued a "hold" rating and a $76.50 price objective 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. Wall Street Zen downgraded WNS from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. Finally, Barrington Research downgraded WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Nine analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $68.13.

WNS Stock Performance

WNS stock traded up $0.06 during midday trading on Friday, reaching $74.89. 962,581 shares of the company's stock traded hands, compared to its average volume of 2,152,379. The company has a 50-day moving average price of $67.40 and a two-hundred day moving average price of $62.76. 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 $75.14. The firm has a market capitalization of $3.48 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90.

WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.02 EPS for the quarter, topping analysts' consensus estimates of $0.97 by $0.05. The firm had revenue of $339.90 million for the quarter, compared to analyst estimates of $323.13 million. WNS had a net margin of 12.11% and a return on equity of 23.03%. The business's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.93 EPS. As a group, equities analysts anticipate 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.