Twinbeech Capital LP lessened its holdings in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 16.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 82,841 shares of the business services provider's stock after selling 15,777 shares during the period. Twinbeech Capital LP owned approximately 0.17% of WNS worth $3,926,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of WNS. Hhlr Advisors LTD. purchased a new stake in WNS in the 4th quarter valued at about $72,576,000. Thrivent Financial for Lutherans increased its stake in WNS by 26.7% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,483,569 shares of the business services provider's stock worth $70,307,000 after purchasing an additional 312,519 shares during the period. Mesirow Institutional Investment Management Inc. acquired a new position in shares of WNS in the fourth quarter valued at approximately $14,181,000. Principal Financial Group Inc. lifted its holdings in WNS by 3,523.4% during the 4th quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider's stock worth $7,219,000 after buying an additional 148,122 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in WNS by 27.1% in the 4th quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider's stock valued at $19,693,000 after buying an additional 88,698 shares during the period. 97.36% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms recently commented on WNS. Barrington Research reissued an "outperform" rating and set a $75.00 target price on shares of WNS in a research note on Friday, April 25th. Needham & Company LLC raised their target price on shares of WNS from $65.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday, March 11th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $62.25.
Check Out Our Latest Analysis on WNS
WNS Stock Performance
NYSE WNS traded up $1.38 during trading hours on Monday, hitting $57.85. The company had a trading volume of 2,230,013 shares, compared to its average volume of 576,158. The business has a 50 day moving average of $61.31 and a 200-day moving average of $56.09. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81. WNS has a 1-year low of $42.62 and a 1-year high of $72.11. The company has a market cap of $2.69 billion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 2.10 and a beta of 0.94.
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 (EPS) for the quarter, topping analysts' consensus estimates of $1.41 by $0.04. WNS had a net margin of 10.03% and a return on equity of 22.25%. The business had revenue of $336.30 million for the quarter, compared to analyst estimates of $323.62 million. During the same period last year, the firm posted $1.12 earnings per share. The company's revenue for the quarter was down .8% compared to the same quarter last year. As a group, equities research analysts expect that WNS will post 3.8 EPS for the current year.
WNS Profile
(
Free Report)
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.
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