WNS (NYSE:WNS) Downgraded by Barrington Research to Hold

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

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

WNS Trading Down 0.1%

Shares of WNS stock traded down $0.10 during trading hours on Tuesday, reaching $74.75. The company had a trading volume of 2,691,443 shares, compared to its average volume of 753,300. The company has a 50 day moving average of $59.90 and a 200 day moving average of $58.53. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.76. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of 20.10, a P/E/G ratio of 2.15 and a beta of 0.93. WNS has a 1-year low of $42.62 and a 1-year high of $75.10.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates of $1.41 by $0.04. The company had revenue of $336.30 million for the quarter, compared to the consensus estimate of $323.62 million. WNS had a return on equity of 23.26% and a net margin of 12.94%. The firm's quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.12 EPS. On average, equities research analysts anticipate that WNS will post 3.8 EPS for the current year.

Hedge Funds Weigh In On WNS

A number of large investors have recently added to or reduced their stakes in the company. Voya Investment Management LLC increased its holdings in WNS by 4,316.0% during the 1st quarter. Voya Investment Management LLC now owns 568,206 shares of the business services provider's stock worth $34,939,000 after purchasing an additional 555,339 shares in the last quarter. Strs Ohio bought a new position in WNS during the 1st quarter worth about $332,000. Intech Investment Management LLC increased its holdings in WNS by 14.4% during the 1st quarter. Intech Investment Management LLC now owns 19,936 shares of the business services provider's stock worth $1,226,000 after purchasing an additional 2,508 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in WNS by 19.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 132,778 shares of the business services provider's stock worth $8,165,000 after purchasing an additional 21,550 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in WNS during the 1st quarter worth about $216,000. Institutional investors 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.