Teacher Retirement System of Texas Takes Position in WNS (Holdings) Limited (NYSE:WNS)

Teacher Retirement System of Texas bought a new position in WNS (Holdings) Limited (NYSE:WNS - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,811 shares of the business services provider's stock, valued at approximately $357,000.

A number of other institutional investors have also recently made changes to their positions in the stock. KLP Kapitalforvaltning AS purchased a new position in shares of WNS during the 4th quarter valued at about $355,000. Kennedy Capital Management LLC purchased a new position in shares of WNS in the fourth quarter worth about $2,813,000. KBC Group NV purchased a new position in WNS during the first quarter valued at approximately $109,000. Millennium Management LLC grew its holdings in WNS by 54.6% in the fourth quarter. Millennium Management LLC now owns 9,070 shares of the business services provider's stock valued at $430,000 after purchasing an additional 3,204 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in WNS by 9.4% during the first quarter. Janney Montgomery Scott LLC now owns 40,237 shares of the business services provider's stock worth $2,474,000 after buying an additional 3,467 shares during the last quarter. Hedge funds and other institutional investors own 97.36% of the company's stock.

WNS Trading Up 0.2%

Shares of NYSE:WNS traded up $0.18 during midday trading on Friday, reaching $74.78. 1,901,480 shares of the company's stock were exchanged, compared to its average volume of 822,555. The stock has a market cap of $3.47 billion, a price-to-earnings ratio of 20.10, a P/E/G 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. The firm's 50 day simple moving average is $61.90 and its two-hundred day simple moving average is $59.68. WNS has a fifty-two week low of $42.62 and a fifty-two week high of $74.96.

WNS (NYSE:WNS - Get Free Report) last released its earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.41 by $0.04. The business had revenue of $336.30 million for the quarter, compared to analyst estimates of $323.62 million. WNS had a return on equity of 23.26% and a net margin of 12.94%. The company'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 EPS for the current fiscal year.

Analysts Set New Price Targets

WNS has been the subject of a number of recent research reports. William Blair cut WNS from a "strong-buy" rating to a "market perform" rating in a research report on Monday, July 7th. Deutsche Bank Aktiengesellschaft initiated coverage on WNS in a report on Thursday. They issued a "hold" rating and a $76.50 price objective for the company. Baird R W lowered WNS from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 8th. Barrington Research lowered WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Finally, Jefferies Financial Group restated a "hold" rating and set a $76.50 price target (down from $80.00) on shares of WNS in a report on Tuesday, July 8th. Nine equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, WNS has an average 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.