Marshall Wace LLP Buys Shares of 28,021 WNS (Holdings) Limited (NYSE:WNS)

Marshall Wace LLP bought a new position in WNS (Holdings) Limited (NYSE:WNS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 28,021 shares of the business services provider's stock, valued at approximately $1,328,000. Marshall Wace LLP owned 0.06% of WNS as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans increased its holdings in shares of WNS by 26.7% in the 4th 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 during the last quarter. Principal Financial Group Inc. grew its position in WNS by 3,523.4% in the fourth quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider's stock worth $7,219,000 after acquiring an additional 148,122 shares in the last quarter. Vanguard Group Inc. increased its stake in WNS by 27.1% in the fourth quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider's stock valued at $19,693,000 after acquiring an additional 88,698 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of 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 worth $4,059,000 after purchasing an additional 85,108 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of WNS during the 4th quarter valued at about $3,664,000. Hedge funds and other institutional investors own 97.36% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Barrington Research reaffirmed an "outperform" rating and issued a $75.00 target price on shares of WNS in a research note on Friday, April 25th. Robert W. Baird lifted their target price on shares of WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Jefferies Financial Group reduced their price objective on WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research note on Tuesday, January 21st. StockNews.com raised WNS from a "hold" rating to a "buy" rating in a research note on Friday, January 24th. Finally, Needham & Company LLC boosted their price objective on WNS from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, March 11th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $62.25.

WNS Stock Up 0.6 %

WNS stock traded up $0.36 during midday trading on Friday, hitting $59.66. The stock had a trading volume of 520,911 shares, compared to its average volume of 555,697. The business has a 50-day moving average of $62.02 and a two-hundred day moving average of $55.22. 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 cap of $2.76 billion, a price-to-earnings ratio of 20.86, a price-to-earnings-growth ratio of 2.10 and a beta of 0.96. WNS has a 52-week low of $42.62 and a 52-week high of $72.11.

WNS (NYSE:WNS - Get Free Report) last announced 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 business's revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the firm earned $1.12 earnings per share. As a group, equities research analysts forecast that WNS will post 3.8 earnings per share for the current fiscal year.

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.