WNS (Holdings) Limited $WNS Stock Holdings Decreased by Janney Montgomery Scott LLC

Key Points

• Janney Montgomery Scott LLC reduced its stake in WNS (Holdings) Limited by 19.3%, owning 32,478 shares valued at approximately $2.05 million as of the latest SEC filing.
• WNS reported $1.02 EPS for the last quarter, exceeding analyst expectations of $0.97, and showed a 9.5% year-over-year revenue increase to $339.90 million.
• Analysts have mixed ratings on WNS, with two analysts rating it as "Buy" and eight as "Hold," and the average price target set at $67.43.

Janney Montgomery Scott LLC reduced its position in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 19.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,478 shares of the business services provider's stock after selling 7,759 shares during the period. Janney Montgomery Scott LLC owned about 0.07% of WNS worth $2,054,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Baird Financial Group Inc. grew its position in WNS by 10.2% during the first quarter. Baird Financial Group Inc. now owns 5,762 shares of the business services provider's stock valued at $354,000 after purchasing an additional 533 shares in the last quarter. Cetera Investment Advisers grew its position in WNS by 11.6% during the first quarter. Cetera Investment Advisers now owns 5,731 shares of the business services provider's stock valued at $352,000 after purchasing an additional 597 shares in the last quarter. Quarry LP purchased a new position in WNS during the first quarter valued at approximately $47,000. Horizon Family Wealth Inc. grew its position in WNS by 12.8% in the first quarter. Horizon Family Wealth Inc. now owns 7,442 shares of the business services provider's stock worth $458,000 after acquiring an additional 843 shares in the last quarter. Finally, State of Wyoming grew its position in WNS by 24.5% in the first quarter. State of Wyoming now owns 5,352 shares of the business services provider's stock worth $329,000 after acquiring an additional 1,053 shares in the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

WNS Trading Up 0.0%

Shares of WNS stock opened at $76.33 on Friday. The firm has a market capitalization of $3.27 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 2.25 and a beta of 0.91. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.47 and a quick ratio of 1.47. The company's fifty day moving average price is $75.64 and its two-hundred day moving average price is $67.67. WNS has a 52-week low of $42.62 and a 52-week high of $76.39.

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

Analysts Set New Price Targets

Several research firms have commented on WNS. Weiss Ratings reissued a "hold (c)" rating on shares of WNS in a research report on Wednesday. Barrington Research downgraded shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Needham & Company LLC downgraded shares of WNS from a "moderate buy" rating to a "hold" rating in a research report on Monday, July 7th. Jefferies Financial Group reissued a "hold" rating and issued a $76.50 target price (down from $80.00) on shares of WNS in a research report on Tuesday, July 8th. Finally, Baird R W downgraded shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Two equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $67.43.

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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