Voloridge Investment Management LLC Buys Shares of 164,867 WNS (Holdings) Limited (NYSE:WNS)

Voloridge Investment Management LLC acquired a new position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 164,867 shares of the business services provider's stock, valued at approximately $7,813,000. Voloridge Investment Management LLC owned approximately 0.34% of WNS as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in WNS. Woodline Partners LP acquired a new stake in shares of WNS in the fourth quarter worth $388,000. Squarepoint Ops LLC raised its position in shares of WNS by 35.1% in the fourth quarter. Squarepoint Ops LLC now owns 14,228 shares of the business services provider's stock worth $674,000 after acquiring an additional 3,698 shares during the period. Nuveen Asset Management LLC grew its position in shares of WNS by 9.9% during the 4th quarter. Nuveen Asset Management LLC now owns 605,951 shares of the business services provider's stock valued at $28,716,000 after acquiring an additional 54,781 shares during the period. Millennium Management LLC raised its holdings in WNS by 54.6% in the 4th quarter. Millennium Management LLC now owns 9,070 shares of the business services provider's stock worth $430,000 after purchasing an additional 3,204 shares during the period. Finally, Expect Equity LLC purchased a new stake in shares of WNS in the fourth quarter valued at approximately $2,459,000. Institutional investors and hedge funds own 97.36% of the company's stock.

WNS Stock Up 0.3%

NYSE WNS traded up $0.16 on Wednesday, hitting $57.34. 633,956 shares of the stock were exchanged, compared to its average volume of 576,782. WNS has a fifty-two week low of $42.62 and a fifty-two week high of $72.11. The company has a 50-day moving average price of $61.04 and a 200-day moving average price of $56.12. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. The company has a market cap of $2.66 billion, a PE ratio of 20.05, a PEG ratio of 2.10 and a beta of 0.94.

WNS (NYSE:WNS - Get Free Report) last posted its earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.04. WNS had a return on equity of 22.25% and a net margin of 10.03%. The firm had revenue of $336.30 million during the quarter, compared to analysts' expectations of $323.62 million. During the same quarter in the previous year, the business earned $1.12 earnings per share. The firm's revenue was down .8% compared to the same quarter last year. Sell-side analysts anticipate that WNS will post 3.8 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on WNS shares. Barrington Research reissued an "outperform" rating and set a $75.00 target price on shares of WNS in a report on Friday, April 25th. Needham & Company LLC upped their price target on WNS from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, March 11th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, WNS presently has a consensus rating of "Moderate Buy" and a consensus target price of $62.25.

About WNS

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.