WNS (Holdings) Limited $WNS Shares Purchased by Trexquant Investment LP

Key Points

• Trexquant Investment LP increased its holdings in WNS (Holdings) Limited by 65.7%, owning 149,824 shares worth $9,213,000 as of the latest SEC filing.
• WNS reported $1.02 EPS for the last quarter, beating expectations, with revenue of $339.90 million, a 9.5% increase year-over-year.
• Analysts generally have a Hold rating on WNS, with an average price target of $68.13 and two analysts issuing a Buy rating.

Trexquant Investment LP increased its holdings in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 65.7% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 149,824 shares of the business services provider's stock after purchasing an additional 59,391 shares during the quarter. Trexquant Investment LP owned 0.32% of WNS worth $9,213,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WNS. NBC Securities Inc. acquired a new stake in WNS during the 1st quarter worth approximately $96,000. KBC Group NV acquired a new stake in WNS during the 1st quarter worth approximately $109,000. Ironwood Wealth Management LLC. purchased a new position in WNS in the 1st quarter worth approximately $209,000. Global Alpha Capital Management Ltd. purchased a new position in WNS in the 1st quarter worth approximately $217,000. Finally, Bailard Inc. purchased a new position in WNS in the 1st quarter worth approximately $231,000. Institutional investors and hedge funds own 97.36% of the company's stock.

WNS Stock Performance

WNS stock opened at $75.49 on Friday. The stock has a market cap of $3.24 billion, a P/E ratio of 21.03, a price-to-earnings-growth ratio of 2.24 and a beta of 0.90. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.18. The stock has a 50 day moving average of $72.33 and a 200-day moving average of $64.24. WNS has a 52 week low of $42.62 and a 52 week high of $75.58.

WNS (NYSE:WNS - Get Free Report) last released its earnings results on Thursday, July 24th. The business services provider reported $1.02 EPS for the quarter, beating the consensus estimate of $0.97 by $0.05. WNS had a return on equity of 22.90% and a net margin of 12.11%.The company had revenue of $339.90 million during the quarter, compared to analysts' expectations of $323.13 million. During the same period in the prior year, the business posted $0.93 EPS. The business's revenue was up 9.5% on a year-over-year basis. On average, analysts expect that WNS will post 3.8 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WNS has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on WNS in a report on Thursday, July 17th. They issued a "hold" rating and a $76.50 price target for the company. Barrington Research cut WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Jefferies Financial Group restated a "hold" rating and issued a $76.50 price target (down previously from $80.00) on shares of WNS in a report on Tuesday, July 8th. Baird R W cut WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Finally, Wall Street Zen cut WNS from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. Two equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $68.13.

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.

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