WCM Investment Management LLC Grows Stock Position in WNS (Holdings) Limited (NYSE:WNS)

WCM Investment Management LLC boosted its holdings in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 8.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 689,604 shares of the business services provider's stock after buying an additional 50,944 shares during the period. WCM Investment Management LLC owned approximately 1.47% of WNS worth $43,831,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of WNS. JPMorgan Chase & Co. lifted its holdings in WNS by 16.8% in the first quarter. JPMorgan Chase & Co. now owns 4,215 shares of the business services provider's stock valued at $361,000 after buying an additional 607 shares during the period. Raymond James & Associates acquired a new position in WNS in the first quarter valued at approximately $433,000. Citigroup Inc. lifted its holdings in WNS by 2.2% in the first quarter. Citigroup Inc. now owns 15,150 shares of the business services provider's stock valued at $1,295,000 after buying an additional 333 shares during the period. Canada Pension Plan Investment Board lifted its holdings in WNS by 72.1% in the first quarter. Canada Pension Plan Investment Board now owns 48,700 shares of the business services provider's stock valued at $4,163,000 after buying an additional 20,400 shares during the period. Finally, Baird Financial Group Inc. lifted its holdings in WNS by 21.8% in the first quarter. Baird Financial Group Inc. now owns 44,046 shares of the business services provider's stock valued at $3,765,000 after buying an additional 7,878 shares during the period. 97.36% of the stock is currently owned by institutional investors and hedge funds.

WNS Stock Up 1.3 %

Shares of WNS stock traded up $0.68 during trading hours on Friday, hitting $51.34. 465,046 shares of the company were exchanged. The business has a 50 day moving average of $55.32 and a two-hundred day moving average of $60.09. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.14. WNS has a 52 week low of $46.89 and a 52 week high of $92.35. The company has a market capitalization of $2.45 billion, a PE ratio of 15.60 and a beta of 1.04.

WNS (NYSE:WNS - Get Free Report) last released its earnings results on Thursday, January 18th. The business services provider reported $0.98 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.18. The business had revenue of $315.90 million during the quarter, compared to the consensus estimate of $313.21 million. WNS had a net margin of 12.59% and a return on equity of 21.71%. Analysts anticipate that WNS will post 3.44 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Barrington Research cut their target price on shares of WNS from $80.00 to $72.00 and set an "outperform" rating on the stock in a report on Monday, February 5th. Needham & Company LLC reiterated a "buy" rating and issued a $80.00 target price on shares of WNS in a report on Friday, March 1st. Citigroup increased their target price on shares of WNS from $73.00 to $76.00 and gave the stock a "buy" rating in a report on Wednesday, January 17th. Finally, StockNews.com lowered shares of WNS from a "buy" rating to a "hold" rating in a report on Tuesday, April 2nd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, WNS has an average rating of "Moderate Buy" and a consensus target price of $85.88.

WNS Profile

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.