Vanguard Group Inc. Boosts Holdings in WNS (Holdings) Limited (NYSE:WNS)

Vanguard Group Inc. grew its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 27.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 415,556 shares of the business services provider’s stock after buying an additional 88,698 shares during the quarter. Vanguard Group Inc. owned 0.87% of WNS worth $19,693,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. LPL Financial LLC boosted its position in shares of WNS by 3.9% in the 4th quarter. LPL Financial LLC now owns 13,770 shares of the business services provider’s stock worth $653,000 after buying an additional 514 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of WNS in the fourth quarter valued at approximately $355,000. Sei Investments Co. increased its stake in shares of WNS by 12.7% during the 4th quarter. Sei Investments Co. now owns 111,588 shares of the business services provider’s stock worth $5,288,000 after purchasing an additional 12,601 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of WNS by 26.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,483,569 shares of the business services provider’s stock worth $70,307,000 after purchasing an additional 312,519 shares during the last quarter. Finally, Tocqueville Asset Management L.P. lifted its stake in WNS by 70.0% in the 4th quarter. Tocqueville Asset Management L.P. now owns 68,000 shares of the business services provider’s stock valued at $3,223,000 after buying an additional 28,000 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

Analysts Set New Price Targets

WNS has been the subject of several analyst reports. Needham & Company LLC upped their target price on shares of WNS from $65.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, March 11th. Robert W. Baird raised their target price on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Jefferies Financial Group reduced their price target on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st. StockNews.com raised WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Finally, Barrington Research raised their price target on WNS from $63.00 to $75.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 26th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, WNS has a consensus rating of “Moderate Buy” and an average price target of $62.25.

WNS Trading Down 1.0 %

Shares of WNS stock opened at $66.60 on Thursday. The firm has a market capitalization of $3.08 billion, a PE ratio of 23.29, a price-to-earnings-growth ratio of 2.10 and a beta of 0.96. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81. WNS has a 1 year low of $39.85 and a 1 year high of $72.11. The stock has a fifty day moving average of $61.09 and a two-hundred day moving average of $54.04.

WNS (NYSE:WNS) last released its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. As a group, research analysts expect that WNS will post 3.8 EPS 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.