Summit Creek Advisors LLC Has $19.49 Million Holdings in WNS (Holdings) Limited (NYSE:WNS)

Summit Creek Advisors LLC lessened its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 8.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 308,395 shares of the business services provider's stock after selling 29,078 shares during the quarter. WNS accounts for about 2.6% of Summit Creek Advisors LLC's holdings, making the stock its 12th biggest holding. Summit Creek Advisors LLC owned approximately 0.66% of WNS worth $19,491,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in WNS. JPMorgan Chase & Co. lifted its stake in WNS by 36.5% during the 3rd 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 in the last quarter. Baillie Gifford & Co. increased its stake in WNS by 62.1% during the 3rd quarter. Baillie Gifford & Co. now owns 1,011,599 shares of the business services provider's stock worth $69,254,000 after buying an additional 387,378 shares during the period. Westfield Capital Management Co. LP boosted its position in WNS by 86.0% in the 3rd quarter. Westfield Capital Management Co. LP now owns 741,793 shares of the business services provider's stock valued at $50,783,000 after buying an additional 342,922 shares during the period. Artisan Partners Limited Partnership grew its stake 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 acquiring an additional 274,908 shares in the last quarter. Finally, William Blair Investment Management LLC purchased a new stake in shares of WNS during the third quarter worth $15,697,000. 97.36% of the stock is currently owned by institutional investors and hedge funds.

WNS Stock Performance

Shares of WNS stock traded up $0.82 during mid-day trading on Monday, hitting $50.49. 366,825 shares of the stock were exchanged, compared to its average volume of 423,544. WNS has a 12-month low of $39.85 and a 12-month high of $80.27. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.82 and a current ratio of 1.71. The stock has a market capitalization of $2.41 billion and a price-to-earnings ratio of 17.90. The stock's fifty day simple moving average is $50.17 and its two-hundred day simple moving average is $57.28.

WNS (NYSE:WNS - Get Free Report) last released its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.96 EPS for the quarter, topping the consensus estimate of $0.85 by $0.11. The company had revenue of $325.90 million for the quarter, compared to analyst estimates of $322.92 million. WNS had a return on equity of 22.23% and a net margin of 10.59%. On average, analysts forecast that WNS will post 3.62 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on WNS. Needham & Company LLC lowered their target price on WNS from $80.00 to $60.00 and set a "buy" rating for the company in a research note on Thursday, April 25th. StockNews.com lowered shares of WNS from a "buy" rating to a "hold" rating in a research note on Tuesday, April 2nd. Citigroup decreased their price target on shares of WNS from $80.00 to $62.00 and set a "buy" rating for the company in a research note on Monday, April 22nd. Deutsche Bank Aktiengesellschaft downgraded shares of WNS from a "buy" rating to a "hold" rating and dropped their price objective for the company from $64.00 to $44.00 in a research report on Friday, April 26th. Finally, Barrington Research reaffirmed an "outperform" rating and set a $72.00 price objective on shares of WNS in a research report on Monday, April 15th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, WNS currently has a consensus rating of "Moderate Buy" and an average price target of $72.44.

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.