WNS (NYSE:WNS) Lowered to "Hold" Rating by Barrington Research

Barrington Research lowered shares of WNS (NYSE:WNS - Free Report) from a strong-buy rating to a hold rating in a report issued on Tuesday, Marketbeat.com reports.

A number of other research analysts also recently commented on the stock. William Blair downgraded shares of WNS from a "strong-buy" rating to a "market perform" rating in a research note on Monday. Needham & Company LLC downgraded shares of WNS from a "moderate buy" rating to a "hold" rating in a research note on Monday. Finally, Jefferies Financial Group restated a "hold" rating and issued a $76.50 price target (down from $80.00) on shares of WNS in a research report on Tuesday. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, WNS currently has an average rating of "Hold" and a consensus price target of $64.94.

WNS Trading Down 0.1%

Shares of WNS stock traded down $0.05 during trading hours on Tuesday, hitting $74.85. The company's stock had a trading volume of 5,743,574 shares, compared to its average volume of 745,278. WNS has a 1-year low of $42.62 and a 1-year high of $75.15. The business has a fifty day moving average of $59.59 and a 200 day moving average of $58.34. The company has a market capitalization of $3.47 billion, a PE ratio of 20.12, a P/E/G ratio of 2.15 and a beta of 0.93. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.04. WNS had a net margin of 12.94% and a return on equity of 23.26%. The company had revenue of $336.30 million during the quarter, compared to analyst estimates of $323.62 million. During the same quarter in the prior year, the business earned $1.12 earnings per share. The business's quarterly revenue was down .8% compared to the same quarter last year. As a group, equities analysts forecast that WNS will post 3.8 EPS for the current year.

Hedge Funds Weigh In On WNS

Several hedge funds have recently made changes to their positions in WNS. KLP Kapitalforvaltning AS acquired a new position in shares of WNS in the fourth quarter worth about $355,000. Kennedy Capital Management LLC purchased a new stake in WNS in the 4th quarter worth approximately $2,813,000. KBC Group NV purchased a new stake in WNS in the 1st quarter worth approximately $109,000. Millennium Management LLC lifted its position in WNS by 54.6% in the 4th quarter. Millennium Management LLC now owns 9,070 shares of the business services provider's stock worth $430,000 after buying an additional 3,204 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of WNS by 9.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 40,237 shares of the business services provider's stock valued at $2,474,000 after purchasing an additional 3,467 shares in the last quarter. Institutional investors and hedge funds 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 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.