Mesirow Institutional Investment Management Inc. Acquires New Shares in WNS (Holdings) Limited (NYSE:WNS)

Mesirow Institutional Investment Management Inc. purchased a new position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 299,231 shares of the business services provider's stock, valued at approximately $14,181,000. Mesirow Institutional Investment Management Inc. owned approximately 0.63% of WNS at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. 1492 Capital Management LLC increased its holdings in shares of WNS by 9.6% during the fourth quarter. 1492 Capital Management LLC now owns 87,048 shares of the business services provider's stock valued at $4,125,000 after acquiring an additional 7,594 shares in the last quarter. Marshall Wace LLP purchased a new position in WNS during the 4th quarter worth approximately $1,328,000. Jump Financial LLC acquired a new position in WNS during the fourth quarter valued at $831,000. Barclays PLC boosted its holdings in WNS by 12.4% in the fourth quarter. Barclays PLC now owns 76,439 shares of the business services provider's stock valued at $3,622,000 after purchasing an additional 8,432 shares during the last quarter. Finally, Synovus Financial Corp raised its stake in shares of WNS by 63.3% during the 4th quarter. Synovus Financial Corp now owns 11,454 shares of the business services provider's stock valued at $543,000 after buying an additional 4,439 shares during the last quarter. Hedge funds and other institutional investors own 97.36% of the company's stock.

WNS Trading Up 0.9 %

WNS stock traded up $0.53 during midday trading on Friday, reaching $60.49. 327,702 shares of the stock traded hands, compared to its average volume of 559,895. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. The firm has a market cap of $2.80 billion, a PE ratio of 21.11, a price-to-earnings-growth ratio of 2.10 and a beta of 0.96. The company has a 50-day simple moving average of $61.74 and a two-hundred day simple moving average of $54.63. WNS has a 12-month low of $39.85 and a 12-month high of $72.11.

WNS (NYSE:WNS - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. Research analysts expect that WNS will post 3.8 earnings per share for the current fiscal year.

Analyst Ratings Changes

WNS has been the topic of a number of recent analyst reports. Robert W. Baird increased their price target on shares of WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Barrington Research restated an "outperform" rating and issued a $75.00 price objective on shares of WNS in a report on Friday. Jefferies Financial Group dropped their target price on shares of WNS from $60.00 to $55.00 and set a "buy" rating for the company in a report on Tuesday, January 21st. Needham & Company LLC raised their price target 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. Finally, StockNews.com raised shares of WNS from a "hold" rating to a "buy" rating in a research note on Friday, January 24th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $62.25.

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.