WNS (NYSE:WNS) Shares Up 6.2%

WNS (Holdings) Limited (NYSE:WNS - Get Free Report)'s stock price was up 6.2% during mid-day trading on Monday . The stock traded as high as $48.06 and last traded at $47.97. Approximately 193,754 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 412,794 shares. The stock had previously closed at $45.16.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WNS shares. Needham & Company LLC dropped their price target on WNS from $80.00 to $60.00 and set a "buy" rating for the company in a research note on Thursday, April 25th. TD Cowen reduced their price target on shares of WNS from $70.00 to $64.00 and set a "buy" rating on the stock in a research report on Friday, April 26th. StockNews.com lowered WNS from a "buy" rating to a "hold" rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft lowered shares of WNS from a "buy" rating to a "hold" rating and lowered their price target for the company from $64.00 to $44.00 in a report on Friday, April 26th. Finally, Barrington Research reissued an "outperform" rating and issued a $72.00 target price on shares of WNS in a research report on Monday, April 15th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $72.44.

WNS Trading Up 7.9 %

The company has a market cap of $2.33 billion and a P/E ratio of 16.94. The company has a current ratio of 1.71, a quick ratio of 1.82 and a debt-to-equity ratio of 0.35. The stock's 50 day moving average is $51.09 and its 200-day moving average is $57.53.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.96 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.11. WNS had a net margin of 10.59% and a return on equity of 22.23%. The firm had revenue of $325.90 million for the quarter, compared to analysts' expectations of $322.92 million. Research analysts anticipate that WNS will post 3.62 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WNS

Hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its holdings in shares of WNS by 36.5% in the third quarter. JPMorgan Chase & Co. now owns 2,034,729 shares of the business services provider's stock worth $139,298,000 after acquiring an additional 544,328 shares during the period. Baillie Gifford & Co. increased its position in shares of WNS by 62.1% during the 3rd quarter. Baillie Gifford & Co. now owns 1,011,599 shares of the business services provider's stock valued at $69,254,000 after purchasing an additional 387,378 shares during the last quarter. Westfield Capital Management Co. LP boosted its holdings in shares of WNS by 86.0% in the third quarter. Westfield Capital Management Co. LP now owns 741,793 shares of the business services provider's stock worth $50,783,000 after buying an additional 342,922 shares during the last quarter. Artisan Partners Limited Partnership boosted its holdings in shares of WNS by 19.5% in the third quarter. Artisan Partners Limited Partnership now owns 1,686,152 shares of the business services provider's stock worth $115,434,000 after buying an additional 274,908 shares during the last quarter. Finally, William Blair Investment Management LLC bought a new stake in WNS during the third quarter valued at approximately $15,697,000. Hedge funds and other institutional investors own 97.36% of the company's stock.

About WNS

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; Hi-tech and professional services; and banking and financial services.

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