Wells Fargo & Company MN Has $1.45 Million Position in WNS (Holdings) Limited (NYSE:WNS)

Wells Fargo & Company MN raised its holdings in WNS (Holdings) Limited (NYSE:WNS - Free Report) by 24.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,665 shares of the business services provider's stock after buying an additional 5,958 shares during the quarter. Wells Fargo & Company MN owned 0.06% of WNS worth $1,453,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in WNS. Barclays PLC raised its stake in shares of WNS by 329.7% in the third quarter. Barclays PLC now owns 68,007 shares of the business services provider's stock valued at $3,584,000 after purchasing an additional 52,179 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of WNS in the 3rd quarter valued at $745,000. DGS Capital Management LLC bought a new position in shares of WNS during the 3rd quarter worth about $291,000. Central Pacific Bank Trust Division lifted its holdings in shares of WNS by 29.5% during the 4th quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider's stock worth $329,000 after acquiring an additional 1,580 shares during the period. Finally, Nisa Investment Advisors LLC boosted its position in shares of WNS by 15,848.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider's stock valued at $4,059,000 after acquiring an additional 85,108 shares in the last quarter. 97.36% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

WNS Stock Up 1.7 %

Shares of WNS stock traded up $1.01 during trading on Friday, reaching $60.31. The company's stock had a trading volume of 100,987 shares, compared to its average volume of 555,082. The company has a market cap of $2.79 billion, a price-to-earnings ratio of 21.05, a price-to-earnings-growth ratio of 2.10 and a beta of 0.96. WNS has a one year low of $42.62 and a one year high of $72.11. The business has a fifty day moving average price of $61.98 and a 200-day moving average price of $55.04. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.45 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.04. The firm had revenue of $336.30 million during the quarter, compared to analysts' expectations of $323.62 million. WNS had a net margin of 10.03% and a return on equity of 22.25%. The company's revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter last year, the company posted $1.12 earnings per share. Analysts anticipate that WNS will post 3.8 earnings per share for the current year.

WNS Profile

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.