Royce & Associates LP Has $13.46 Million Stock Position in WNS (Holdings) Limited (NYSE:WNS)

Royce & Associates LP cut its holdings in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 31.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 218,961 shares of the business services provider's stock after selling 102,410 shares during the period. Royce & Associates LP owned about 0.47% of WNS worth $13,464,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Diamond Hill Capital Management Inc. raised its holdings in shares of WNS by 2.6% in the first quarter. Diamond Hill Capital Management Inc. now owns 1,408,501 shares of the business services provider's stock valued at $86,609,000 after buying an additional 35,074 shares during the last quarter. 1492 Capital Management LLC raised its stake in shares of WNS by 27.9% in the first quarter. 1492 Capital Management LLC now owns 111,333 shares of the business services provider's stock worth $6,846,000 after acquiring an additional 24,285 shares during the last quarter. GW&K Investment Management LLC lifted its position in shares of WNS by 47.8% during the first quarter. GW&K Investment Management LLC now owns 62,928 shares of the business services provider's stock worth $3,869,000 after purchasing an additional 20,356 shares in the last quarter. BKM Wealth Management LLC grew its stake in shares of WNS by 11.1% during the first quarter. BKM Wealth Management LLC now owns 14,094 shares of the business services provider's stock valued at $867,000 after purchasing an additional 1,407 shares during the last quarter. Finally, Bailard Inc. bought a new position in WNS in the 1st quarter worth approximately $231,000. 97.36% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have commented on WNS shares. Wall Street Zen lowered WNS from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Deutsche Bank Aktiengesellschaft assumed coverage on WNS in a research report on Thursday, July 17th. They issued a "hold" rating and a $76.50 price objective for the company. Needham & Company LLC cut WNS from a "moderate buy" rating to a "hold" rating in a report on Monday, July 7th. Barrington Research downgraded shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Finally, William Blair cut shares of WNS from a "strong-buy" rating to a "market perform" rating in a research report on Monday, July 7th. Nine research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, WNS currently has an average rating of "Hold" and an average price target of $68.13.

WNS Trading Down 0.1%

WNS stock traded down $0.08 during midday trading on Friday, hitting $74.71. 1,048,880 shares of the stock were exchanged, compared to its average volume of 4,108,875. The stock has a market capitalization of $3.47 billion, a PE ratio of 20.81, a P/E/G ratio of 2.25 and a beta of 0.93. The company has a fifty day simple moving average of $63.88 and a two-hundred day simple moving average of $60.64. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. WNS has a 52 week low of $42.62 and a 52 week high of $75.09.

WNS (NYSE:WNS - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.02 earnings per share for the quarter, topping analysts' consensus estimates of $0.97 by $0.05. WNS had a net margin of 12.11% and a return on equity of 23.03%. The company had revenue of $339.90 million for the quarter, compared to analysts' expectations of $323.13 million. During the same period last year, the firm posted $0.93 earnings per share. The business's quarterly revenue was up 9.5% compared to the same quarter last year. Equities research analysts anticipate that WNS will post 3.8 EPS for the current fiscal 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.