WNS (Holdings) Limited (NYSE:WNS) Stake Lifted by GAMMA Investing LLC

GAMMA Investing LLC increased its stake in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 7,819.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,253 shares of the business services provider's stock after buying an additional 29,871 shares during the period. GAMMA Investing LLC owned about 0.07% of WNS worth $1,860,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Hhlr Advisors LTD. bought a new stake in shares of WNS in the fourth quarter worth $72,576,000. Thrivent Financial for Lutherans increased its stake 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 buying an additional 312,519 shares during the last quarter. William Blair Investment Management LLC increased its stake in WNS by 5.0% during the fourth quarter. William Blair Investment Management LLC now owns 1,112,743 shares of the business services provider's stock valued at $52,733,000 after purchasing an additional 53,433 shares during the last quarter. Nuveen Asset Management LLC raised its holdings in shares of WNS by 9.9% during the fourth quarter. Nuveen Asset Management LLC now owns 605,951 shares of the business services provider's stock worth $28,716,000 after purchasing an additional 54,781 shares during the period. Finally, Vanguard Group Inc. raised its holdings in shares of WNS by 27.1% during the fourth quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider's stock worth $19,693,000 after purchasing an additional 88,698 shares during the period. Institutional investors own 97.36% of the company's stock.

WNS Stock Performance

NYSE WNS traded down $0.92 on Friday, hitting $59.73. The stock had a trading volume of 372,643 shares, compared to its average volume of 580,001. WNS has a one year low of $42.62 and a one year high of $72.11. 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 stock has a market cap of $2.77 billion, a price-to-earnings ratio of 20.88, a P/E/G ratio of 2.10 and a beta of 0.92. The company's 50-day moving average is $59.93 and its two-hundred day moving average is $56.71.

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

Analyst Ratings Changes

Several research analysts have recently commented on WNS shares. Barrington Research reaffirmed an "outperform" rating and issued a $75.00 price target on shares of WNS in a report on Friday, April 25th. Needham & Company LLC increased their price objective on shares of WNS from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Tuesday, March 11th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $62.25.

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.