WNS (Holdings) Limited $WNS Shares Sold by Cambiar Investors LLC

Key Points

• Cambiar Investors LLC reduced its stake in WNS (Holdings) Limited by 16.4%, owning approximately 0.06% of the company after selling 5,056 shares.
• A number of analysts have downgraded WNS, with Wall Street Zen and Barrington Research both moving their ratings from "buy" to "hold".
• WNS reported a quarterly earnings per share (EPS) of $1.02, exceeding analyst expectations, with revenues up 9.5% year-over-year at $339.90 million.

Cambiar Investors LLC lessened its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 16.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,732 shares of the business services provider's stock after selling 5,056 shares during the quarter. Cambiar Investors LLC owned about 0.06% of WNS worth $1,582,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. LPL Financial LLC increased its stake in shares of WNS by 3.9% in the fourth quarter. LPL Financial LLC now owns 13,770 shares of the business services provider's stock worth $653,000 after purchasing an additional 514 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of WNS by 24.1% during the fourth quarter. Wells Fargo & Company MN now owns 30,665 shares of the business services provider's stock valued at $1,453,000 after purchasing an additional 5,958 shares during the period. Legal & General Group Plc raised its holdings in shares of WNS by 496.5% during the fourth quarter. Legal & General Group Plc now owns 51,119 shares of the business services provider's stock valued at $2,423,000 after acquiring an additional 42,549 shares in the last quarter. Barclays PLC raised its holdings in shares of WNS by 12.4% during the fourth quarter. Barclays PLC now owns 76,439 shares of the business services provider's stock valued at $3,622,000 after acquiring an additional 8,432 shares in the last quarter. Finally, Jump Financial LLC bought a new position in shares of WNS during the fourth quarter valued at approximately $831,000. Institutional investors and hedge funds own 97.36% of the company's stock.

WNS Stock Down 0.1%

NYSE:WNS traded down $0.0840 during trading hours on Friday, reaching $75.4260. The company's stock had a trading volume of 507,106 shares, compared to its average volume of 841,465. The company has a market capitalization of $3.24 billion, a P/E ratio of 21.01, a price-to-earnings-growth ratio of 2.24 and a beta of 0.90. WNS has a 12 month low of $42.62 and a 12 month high of $75.58. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.47 and a current ratio of 1.47. The stock has a 50 day moving average price of $70.60 and a two-hundred day moving average price of $63.70.

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

Analyst Ratings Changes

Several research firms have commented on WNS. William Blair downgraded WNS from a "strong-buy" rating to a "market perform" rating in a report on Monday, July 7th. Wall Street Zen downgraded shares of WNS from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Baird R W downgraded WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft started coverage on WNS in a report on Thursday, July 17th. They issued a "hold" rating and a $76.50 target price on the stock. Finally, 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 research report on Tuesday, July 8th. Two investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $68.13.

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.