WNS (Holdings) Limited (NYSE:WNS) Short Interest Down 14.7% in April

WNS (Holdings) Limited (NYSE:WNS) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 617,400 shares, a decrease of 14.7% from the March 31st total of 724,100 shares. Based on an average daily volume of 410,700 shares, the short-interest ratio is currently 1.5 days. Approximately 1.5% of the company’s stock are sold short.

Hedge Funds Weigh In On WNS

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Lindbrook Capital LLC grew its stake in shares of WNS by 33.0% during the 4th quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock worth $48,000 after purchasing an additional 187 shares during the period. CWM LLC grew its position in WNS by 490.6% during the fourth quarter. CWM LLC now owns 756 shares of the business services provider’s stock worth $48,000 after buying an additional 628 shares during the period. Parallel Advisors LLC increased its holdings in WNS by 30.4% in the fourth quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock valued at $53,000 after buying an additional 196 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of WNS during the 4th quarter valued at approximately $64,000. Finally, Van ECK Associates Corp boosted its stake in shares of WNS by 41.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,293 shares of the business services provider’s stock worth $89,000 after acquiring an additional 376 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Stock Down 4.4 %

WNS stock opened at $40.17 on Monday. WNS has a twelve month low of $39.85 and a twelve month high of $91.88. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.14. The stock has a 50 day moving average of $52.78 and a two-hundred day moving average of $58.41. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 14.19 and a beta of 1.04.

WNS (NYSE:WNS) last released its earnings results on Thursday, April 25th. The business services provider reported $0.96 EPS for the quarter, topping the consensus estimate of $0.85 by $0.11. WNS had a net margin of 10.59% and a return on equity of 21.99%. The company had revenue of $325.90 million during the quarter, compared to analysts’ expectations of $322.92 million. As a group, research analysts expect that WNS will post 3.69 earnings per share for the current year.

Analysts Set New Price Targets

WNS has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft cut shares of WNS from a “buy” rating to a “hold” rating and lowered their target price for the company from $64.00 to $44.00 in a report on Friday. Barrington Research restated an “outperform” rating and issued a $72.00 price objective on shares of WNS in a research note on Monday, April 15th. Citigroup cut their target price on WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a research report on Monday, April 22nd. Needham & Company LLC decreased their target price on WNS from $80.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday. Finally, StockNews.com lowered WNS from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, WNS presently has an average rating of “Moderate Buy” and a consensus target price of $72.44.

WNS Company 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.