Synovus Financial Corp Boosts Holdings in WNS (Holdings) Limited (NYSE:WNS)

Synovus Financial Corp boosted its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 63.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 11,454 shares of the business services provider's stock after acquiring an additional 4,439 shares during the period. Synovus Financial Corp's holdings in WNS were worth $543,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Jane Street Group LLC increased its stake in WNS by 728.1% during the 3rd quarter. Jane Street Group LLC now owns 52,974 shares of the business services provider's stock worth $2,792,000 after buying an additional 46,577 shares in the last quarter. State Street Corp increased its position in shares of WNS by 40.5% during the third quarter. State Street Corp now owns 743,343 shares of the business services provider's stock worth $39,182,000 after purchasing an additional 214,417 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in WNS in the 4th quarter valued at $355,000. Nisa Investment Advisors LLC lifted its holdings in WNS by 15,848.8% in 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 purchasing an additional 85,108 shares in the last quarter. Finally, Kennedy Capital Management LLC acquired a new stake in WNS during the 4th quarter worth $2,813,000. 97.36% of the stock is owned by hedge funds and other institutional investors.

WNS Trading Down 0.0 %

NYSE WNS traded down $0.01 during trading hours on Wednesday, reaching $64.75. The company had a trading volume of 174,940 shares, compared to its average volume of 555,649. 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 stock has a market capitalization of $2.99 billion, a P/E ratio of 22.64, a price-to-earnings-growth ratio of 2.10 and a beta of 0.96. The stock has a 50-day moving average of $61.57 and a 200 day moving average of $54.48. WNS has a 1-year low of $39.85 and a 1-year high of $72.11.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share 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%. As a group, research analysts anticipate that WNS will post 3.8 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WNS. Barrington Research raised their price target on shares of WNS from $63.00 to $75.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 26th. Needham & Company LLC raised their target price 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. Jefferies Financial Group cut their price target on WNS from $60.00 to $55.00 and set a "buy" rating for the company in a report on Tuesday, January 21st. StockNews.com raised WNS from a "hold" rating to a "buy" rating in a research note on Friday, January 24th. Finally, Robert W. Baird lifted their price target on WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus 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.