WCM Investment Management LLC Has $21.83 Million Position in WNS (Holdings) Limited (NYSE:WNS)

WCM Investment Management LLC boosted its stake in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 31.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 355,944 shares of the business services provider's stock after buying an additional 85,625 shares during the period. WCM Investment Management LLC owned 0.77% of WNS worth $21,826,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. KLP Kapitalforvaltning AS bought a new position in shares of WNS in the fourth quarter valued at approximately $355,000. Kennedy Capital Management LLC acquired a new stake in WNS in the fourth quarter worth approximately $2,813,000. Millennium Management LLC lifted its position in WNS by 54.6% in the fourth 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. Janney Montgomery Scott LLC boosted its stake in WNS by 9.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 40,237 shares of the business services provider's stock valued at $2,474,000 after purchasing an additional 3,467 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of WNS by 3.9% during the 4th quarter. LPL Financial LLC now owns 13,770 shares of the business services provider's stock valued at $653,000 after purchasing an additional 514 shares during the period. 97.36% of the stock is currently owned by institutional investors.

WNS Price Performance

Shares of NYSE WNS traded up $0.54 during mid-day trading on Wednesday, reaching $65.17. The company had a trading volume of 1,078,517 shares, compared to its average volume of 572,876. The company has a 50-day moving average price of $58.48 and a two-hundred day moving average price of $57.43. The stock has a market cap of $3.03 billion, a PE ratio of 17.52, a P/E/G ratio of 1.82 and a beta of 0.93. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.19. WNS has a 1-year low of $42.62 and a 1-year high of $72.11.

WNS (NYSE:WNS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates of $1.41 by $0.04. The business had revenue of $336.30 million during 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%. WNS's revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the company posted $1.12 EPS. On average, equities analysts anticipate that WNS will post 3.8 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently weighed in on WNS shares. Needham & Company LLC upped their price objective on WNS from $65.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday, March 11th. Barrington Research reissued an "outperform" rating and issued a $75.00 price target on shares of WNS in a report on Friday, April 25th. Three equities research 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, the stock currently has an average rating of "Moderate Buy" and an average price target 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.