Hhlr Advisors LTD. purchased a new stake in WNS (Holdings) Limited (NYSE:WNS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,531,466 shares of the business services provider's stock, valued at approximately $72,576,000. WNS accounts for approximately 2.5% of Hhlr Advisors LTD.'s investment portfolio, making the stock its 10th biggest position. Hhlr Advisors LTD. owned about 3.20% of WNS at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WNS. KLP Kapitalforvaltning AS bought a new stake in shares of WNS in the fourth quarter valued at about $355,000. Nisa Investment Advisors LLC boosted its holdings in WNS by 15,848.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider's stock valued at $4,059,000 after purchasing an additional 85,108 shares during the period. Kennedy Capital Management LLC acquired a new position in shares of WNS during the 4th quarter worth approximately $2,813,000. SG Americas Securities LLC increased its holdings in shares of WNS by 30.4% during the fourth quarter. SG Americas Securities LLC now owns 20,196 shares of the business services provider's stock worth $957,000 after purchasing an additional 4,705 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of WNS by 15.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 36,770 shares of the business services provider's stock valued at $1,743,000 after buying an additional 4,852 shares in the last quarter. 97.36% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on the company. Jefferies Financial Group reduced their price target on WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday, January 21st. StockNews.com raised WNS from a "hold" rating to a "buy" rating in a research note on Friday, January 24th. 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. Barrington Research restated an "outperform" rating and issued a $75.00 target price on shares of WNS in a research report on Friday, April 25th. Finally, Robert W. Baird lifted their price objective on shares of WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, WNS has an average rating of "Moderate Buy" and a consensus price target of $62.25.
Check Out Our Latest Report on WNS
WNS Price Performance
WNS stock traded up $0.36 during mid-day trading on Friday, reaching $59.66. The company had a trading volume of 520,911 shares, compared to its average volume of 555,697. The business has a fifty day simple moving average of $62.02 and a 200 day simple moving average of $55.15. The company has a market cap of $2.76 billion, a P/E ratio of 20.86, a P/E/G ratio of 2.10 and a beta of 0.96. WNS has a fifty-two week low of $42.62 and a fifty-two week high of $72.11. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19.
WNS (NYSE:WNS - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.04. WNS had a return on equity of 22.25% and a net margin of 10.03%. The company had revenue of $336.30 million for the quarter, compared to the consensus estimate of $323.62 million. During the same quarter last year, the business posted $1.12 EPS. WNS's revenue for the quarter was down .8% on a year-over-year basis. On average, equities research analysts predict that WNS will post 3.8 earnings per share for the current year.
About WNS
(
Free Report)
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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