Farmer Steven Patrick Makes New $276,000 Investment in WNS (Holdings) Limited (NYSE:WNS)

Farmer Steven Patrick bought a new position in WNS (Holdings) Limited (NYSE:WNSGet Rating) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 3,696 shares of the business services provider’s stock, valued at approximately $276,000.

Several other institutional investors and hedge funds have also bought and sold shares of WNS. Principal Financial Group Inc. boosted its holdings in shares of WNS by 201.9% in the 1st quarter. Principal Financial Group Inc. now owns 876,648 shares of the business services provider’s stock worth $74,945,000 after purchasing an additional 586,245 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of WNS by 24.3% in the 1st quarter. Victory Capital Management Inc. now owns 1,269,115 shares of the business services provider’s stock worth $108,266,000 after purchasing an additional 248,276 shares in the last quarter. GAM Holding AG purchased a new position in shares of WNS in the 4th quarter worth about $5,999,000. Summit Creek Advisors LLC boosted its holdings in shares of WNS by 27.4% in the 1st quarter. Summit Creek Advisors LLC now owns 282,552 shares of the business services provider’s stock worth $24,155,000 after purchasing an additional 60,770 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its holdings in shares of WNS by 12.6% in the 1st quarter. Lazard Asset Management LLC now owns 442,958 shares of the business services provider’s stock worth $37,867,000 after purchasing an additional 49,394 shares in the last quarter. 97.86% of the stock is currently owned by hedge funds and other institutional investors.

WNS Stock Down 0.5 %

Shares of NYSE:WNS opened at $82.94 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.38 and a current ratio of 2.38. The firm has a market capitalization of $3.99 billion, a P/E ratio of 30.38, a P/E/G ratio of 2.41 and a beta of 1.29. The stock has a 50 day moving average price of $84.09 and a 200-day moving average price of $80.35. WNS has a 52-week low of $67.07 and a 52-week high of $91.48.

WNS (NYSE:WNSGet Rating) last posted its quarterly earnings results on Thursday, July 21st. The business services provider reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.10. The company had revenue of $274.80 million for the quarter, compared to the consensus estimate of $269.68 million. WNS had a return on equity of 20.66% and a net margin of 12.02%. As a group, equities research analysts anticipate that WNS will post 2.91 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on WNS shares. JPMorgan Chase & Co. cut their price objective on WNS from $100.00 to $98.00 in a report on Wednesday, July 20th. Citigroup lowered their price target on WNS from $102.00 to $91.00 and set a “buy” rating for the company in a research report on Wednesday, July 20th. Finally, Robert W. Baird lowered their price target on WNS from $95.00 to $84.00 in a research report on Tuesday, July 12th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $96.63.

WNS Company Profile

(Get Rating)

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; consulting and professional services; and banking and financial services.

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Institutional Ownership by Quarter for WNS (NYSE:WNS)

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