Twinbeech Capital LP Sells 15,777 Shares of WNS (Holdings) Limited (NYSE:WNS)

Twinbeech Capital LP reduced its position in shares of 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 firm owned 82,841 shares of the business services provider's stock after selling 15,777 shares during the quarter. Twinbeech Capital LP owned 0.17% of WNS worth $3,926,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Hhlr Advisors LTD. purchased a new stake in WNS in the 4th quarter worth about $72,576,000. Thrivent Financial for Lutherans lifted its position in shares of WNS by 26.7% in 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 in the last quarter. Mesirow Institutional Investment Management Inc. purchased a new stake in shares of WNS in the fourth quarter worth approximately $14,181,000. Principal Financial Group Inc. grew its position in WNS by 3,523.4% during the fourth quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider's stock valued at $7,219,000 after purchasing an additional 148,122 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in WNS by 27.1% during the fourth quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider's stock valued at $19,693,000 after purchasing an additional 88,698 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Wall Street Zen raised shares of WNS from a "hold" rating to a "buy" rating in a research note on Friday, January 24th. Barrington Research reissued an "outperform" rating and issued a $75.00 target price on shares of WNS in a research report on Friday, April 25th. Needham & Company LLC raised their price target on shares of WNS from $65.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday, March 11th. Finally, Robert W. Baird lifted their price objective on shares of WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $62.25.

WNS Stock Performance

NYSE:WNS traded up $1.38 during mid-day trading on Friday, hitting $57.85. 2,230,013 shares of the company's stock traded hands, compared to its average volume of 574,966. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 2.10 and a beta of 0.94. The firm has a 50 day moving average of $61.43 and a two-hundred day moving average of $55.98. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. WNS has a 12 month low of $42.62 and a 12 month high of $72.11.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.04. The company had revenue of $336.30 million during the quarter, compared to analysts' expectations of $323.62 million. WNS had a return on equity of 22.25% and a net margin of 10.03%. WNS's revenue for the quarter was down .8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.12 earnings per share. On average, equities analysts forecast that WNS will post 3.8 earnings per share 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.