Rhumbline Advisers Has $3.03 Million Stake in WNS (Holdings) Limited (NYSE:WNS)

Rhumbline Advisers reduced its holdings in WNS (Holdings) Limited (NYSE:WNS) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,003 shares of the business services provider’s stock after selling 1,677 shares during the quarter. Rhumbline Advisers owned approximately 0.13% of WNS worth $3,033,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of WNS. FMR LLC boosted its stake in WNS by 2.1% in the third quarter. FMR LLC now owns 4,898,543 shares of the business services provider’s stock worth $258,202,000 after purchasing an additional 99,195 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in WNS during the 3rd quarter worth about $61,726,000. State Street Corp grew its holdings in WNS by 40.5% during the 3rd quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock worth $39,182,000 after acquiring an additional 214,417 shares during the last quarter. TimesSquare Capital Management LLC increased its position in WNS by 17.1% in the 3rd quarter. TimesSquare Capital Management LLC now owns 377,825 shares of the business services provider’s stock valued at $19,915,000 after acquiring an additional 55,306 shares in the last quarter. Finally, Royce & Associates LP raised its stake in shares of WNS by 3.5% in the third quarter. Royce & Associates LP now owns 292,011 shares of the business services provider’s stock worth $15,392,000 after acquiring an additional 9,900 shares during the last quarter. 97.36% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on WNS shares. Jefferies Financial Group decreased their price target on shares of WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st. Robert W. Baird lifted their target price on WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Needham & Company LLC upped their price target on WNS from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Finally, StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $61.00.

WNS Trading Down 0.4 %

NYSE:WNS opened at $56.90 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. WNS has a 1-year low of $39.85 and a 1-year high of $65.03. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 2.10 and a beta of 1.19. The business’s 50-day moving average price is $53.38 and its two-hundred day moving average price is $52.72.

WNS (NYSE:WNS) last announced its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. On average, equities analysts expect that WNS will post 3.8 earnings per share for the current year.

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 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.