Mariner LLC Has $731,000 Stake in WNS (Holdings) Limited (NYSE:WNS)

Mariner LLC lowered its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 36.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,424 shares of the business services provider's stock after selling 8,727 shares during the quarter. Mariner LLC's holdings in WNS were worth $731,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Barclays PLC lifted its holdings in shares of WNS by 12.4% during the 4th quarter. Barclays PLC now owns 76,439 shares of the business services provider's stock worth $3,622,000 after acquiring an additional 8,432 shares during the period. Synovus Financial Corp raised its position in WNS by 63.3% during the fourth quarter. Synovus Financial Corp now owns 11,454 shares of the business services provider's stock valued at $543,000 after purchasing an additional 4,439 shares in the last quarter. Kennedy Capital Management LLC bought a new stake in WNS during the fourth quarter worth $2,813,000. Legal & General Group Plc boosted its holdings in shares of WNS by 496.5% in the 4th quarter. Legal & General Group Plc now owns 51,119 shares of the business services provider's stock valued at $2,423,000 after purchasing an additional 42,549 shares in the last quarter. Finally, Federated Hermes Inc. bought a new position in shares of WNS in the 4th quarter valued at $590,000. Institutional investors own 97.36% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on WNS shares. StockNews.com upgraded WNS from a "hold" rating to a "buy" rating in a research report on Friday, January 24th. Barrington Research reaffirmed an "outperform" rating and set a $75.00 price target on shares of WNS in a report on Friday, April 25th. Robert W. Baird increased 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. Jefferies Financial Group decreased their target price on shares of WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research note on Tuesday, January 21st. Finally, Needham & Company LLC upped their price target on shares of WNS from $65.00 to $70.00 and gave the stock a "buy" rating in a report on Tuesday, March 11th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $62.25.

WNS Trading Up 0.2 %

Shares of NYSE WNS traded up $0.10 during trading on Monday, reaching $59.79. The company had a trading volume of 44,529 shares, compared to its average volume of 553,686. WNS has a 12 month low of $42.62 and a 12 month high of $72.11. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. The stock has a market cap of $2.76 billion, a P/E ratio of 20.91, a PEG ratio of 2.10 and a beta of 0.96. The company's fifty day moving average price is $62.02 and its 200-day moving average price is $55.22.

WNS (NYSE:WNS - Get Free Report) last released its earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates of $1.41 by $0.04. The business had revenue of $336.30 million during the quarter, compared to the consensus estimate of $323.62 million. WNS had a net margin of 10.03% and a return on equity of 22.25%. The company's revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.12 EPS. As a group, research analysts expect that WNS will post 3.8 earnings per share for the current year.

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.