WNS (Holdings) Limited (NYSE:WNS) Shares Bought by LPL Financial LLC

LPL Financial LLC boosted its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 7.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,673 shares of the business services provider’s stock after acquiring an additional 1,364 shares during the period. LPL Financial LLC’s holdings in WNS were worth $1,377,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. 1832 Asset Management L.P. acquired a new position in shares of WNS in the 4th quarter valued at $40,000. Parallel Advisors LLC boosted its holdings in shares of WNS by 46.2% in the 1st quarter. Parallel Advisors LLC now owns 522 shares of the business services provider’s stock valued at $49,000 after buying an additional 165 shares in the last quarter. SRS Capital Advisors Inc. acquired a new stake in WNS during the 1st quarter worth $53,000. Tower Research Capital LLC TRC boosted its stake in WNS by 83.9% during the 1st quarter. Tower Research Capital LLC TRC now owns 741 shares of the business services provider’s stock worth $69,000 after purchasing an additional 338 shares during the period. Finally, Fortis Capital Advisors LLC acquired a new stake in WNS during the 1st quarter worth $93,000. Institutional investors and hedge funds own 99.49% of the company’s stock.

WNS Stock Performance

Shares of WNS opened at $57.86 on Thursday. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.75 billion, a P/E ratio of 18.25, a PEG ratio of 1.59 and a beta of 1.18. The company has a 50-day moving average of $63.10 and a two-hundred day moving average of $68.53. WNS has a 12-month low of $51.84 and a 12-month high of $94.96.

WNS (NYSE:WNS) last announced its earnings results on Thursday, October 19th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The company had revenue of $325.00 million during the quarter, compared to analysts’ expectations of $324.74 million. WNS had a net margin of 12.40% and a return on equity of 21.56%. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.74 earnings per share. As a group, research analysts predict that WNS will post 3.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on WNS shares. Citigroup decreased their price target on shares of WNS from $95.00 to $73.00 and set a “buy” rating for the company in a research note on Friday, October 20th. Needham & Company LLC reaffirmed a “buy” rating and issued a $80.00 target price on shares of WNS in a report on Monday. Robert W. Baird raised shares of WNS from a “neutral” rating to an “outperform” rating and set a $86.00 target price on the stock in a report on Friday, July 21st. Jefferies Financial Group initiated coverage on shares of WNS in a report on Tuesday, September 19th. They issued a “buy” rating and a $82.00 target price on the stock. Finally, Bank of America lowered their target price on shares of WNS from $105.00 to $95.00 in a report on Friday, July 21st. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $91.83.

WNS Profile

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; Hi-tech and professional services; and banking and financial services.