Woodline Partners LP Buys New Position in WNS (Holdings) Limited (NYSE:WNS)

Woodline Partners LP acquired a new stake in WNS (Holdings) Limited (NYSE:WNS - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 8,177 shares of the business services provider's stock, valued at approximately $388,000.

Other large investors have also recently bought and sold shares of the company. Hhlr Advisors LTD. purchased a new position in shares of WNS in the fourth quarter valued at about $72,576,000. Thrivent Financial for Lutherans lifted 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 in the last quarter. William Blair Investment Management LLC lifted its stake in shares of WNS by 5.0% in the fourth quarter. William Blair Investment Management LLC now owns 1,112,743 shares of the business services provider's stock worth $52,733,000 after buying an additional 53,433 shares in the last quarter. Nuveen Asset Management LLC lifted its stake in shares of WNS by 9.9% in the fourth quarter. Nuveen Asset Management LLC now owns 605,951 shares of the business services provider's stock worth $28,716,000 after buying an additional 54,781 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of WNS by 27.1% in the fourth quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider's stock worth $19,693,000 after buying an additional 88,698 shares in the last quarter. 97.36% of the stock is owned by institutional investors.

WNS Stock Up 0.8%

Shares of NYSE WNS traded up $0.48 during midday trading on Friday, hitting $58.03. The company's stock had a trading volume of 909,443 shares, compared to its average volume of 579,805. WNS has a 1 year low of $42.62 and a 1 year high of $72.11. The business's fifty day simple moving average is $60.69 and its two-hundred day simple moving average is $56.22. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 20.29, a price-to-earnings-growth ratio of 2.10 and a beta of 0.94.

WNS (NYSE:WNS - Get Free Report) last released its quarterly earnings data 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. The business had revenue of $336.30 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.12 EPS. On average, equities analysts predict that WNS will post 3.8 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Needham & Company LLC increased 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 reaffirmed an "outperform" rating and set a $75.00 target price on shares of WNS in a report on Friday, April 25th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, 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.