Nuveen Asset Management LLC Acquires 54,781 Shares of WNS (Holdings) Limited (NYSE:WNS)

Nuveen Asset Management LLC boosted its holdings in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 9.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 605,951 shares of the business services provider's stock after purchasing an additional 54,781 shares during the quarter. Nuveen Asset Management LLC owned about 1.27% of WNS worth $28,716,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. KLP Kapitalforvaltning AS bought a new position in WNS during the fourth quarter valued at $355,000. Nisa Investment Advisors LLC increased its position in WNS by 15,848.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider's stock valued at $4,059,000 after acquiring an additional 85,108 shares during the last quarter. Kennedy Capital Management LLC bought a new position in WNS during the fourth quarter valued at $2,813,000. SG Americas Securities LLC increased its position in WNS by 30.4% during the fourth quarter. SG Americas Securities LLC now owns 20,196 shares of the business services provider's stock valued at $957,000 after acquiring an additional 4,705 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in WNS by 15.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 36,770 shares of the business services provider's stock valued at $1,743,000 after acquiring an additional 4,852 shares during the last quarter. Hedge funds and other institutional investors own 97.36% of the company's stock.

WNS Trading Down 1.1%

Shares of NYSE WNS traded down $0.62 during mid-day trading on Tuesday, reaching $57.18. The company had a trading volume of 674,925 shares, compared to its average volume of 576,553. The business's 50-day moving average is $61.04 and its 200-day moving average is $56.12. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. The stock has a market cap of $2.65 billion, a price-to-earnings ratio of 19.99, a price-to-earnings-growth ratio of 2.10 and a beta of 0.94. WNS has a 52 week low of $42.62 and a 52 week high of $72.11.

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on WNS shares. Needham & Company LLC boosted their price objective on shares of WNS from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, March 11th. Barrington Research reiterated an "outperform" rating and set a $75.00 price objective on shares of WNS in a research report on Friday, April 25th. 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.com, WNS has a consensus 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.