LPL Financial LLC Acquires 514 Shares of WNS (Holdings) Limited (NYSE:WNS)

LPL Financial LLC raised its stake in shares of WNS (Holdings) Limited (NYSE:WNS) by 3.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,770 shares of the business services provider’s stock after acquiring an additional 514 shares during the period. LPL Financial LLC’s holdings in WNS were worth $653,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Thrivent Financial for Lutherans boosted its holdings in WNS by 26.7% in the fourth 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. Principal Financial Group Inc. lifted its holdings in shares of WNS by 3,523.4% during the 4th quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider’s stock valued at $7,219,000 after buying an additional 148,122 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of WNS by 15,848.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider’s stock worth $4,059,000 after buying an additional 85,108 shares during the last quarter. William Blair Investment Management LLC grew its holdings in shares of WNS by 5.0% in the fourth quarter. William Blair Investment Management LLC now owns 1,112,743 shares of the business services provider’s stock worth $52,733,000 after acquiring an additional 53,433 shares during the period. Finally, Barclays PLC increased its position in WNS by 329.7% during the third quarter. Barclays PLC now owns 68,007 shares of the business services provider’s stock valued at $3,584,000 after acquiring an additional 52,179 shares during the last quarter. Hedge funds and other institutional investors own 97.36% of the company’s stock.

WNS Stock Up 0.4 %

Shares of WNS stock opened at $65.00 on Thursday. The company has a market capitalization of $3.01 billion, a price-to-earnings ratio of 22.73, a PEG ratio of 2.10 and a beta of 0.96. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. The company’s fifty day moving average price is $61.71 and its 200-day moving average price is $54.55. WNS has a one year low of $39.85 and a one year high of $72.11.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. Sell-side analysts expect that WNS will post 3.8 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

WNS has been the topic of several research reports. Barrington Research raised their target price on WNS from $63.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 26th. Robert W. Baird raised their price objective on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. 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. Jefferies Financial Group dropped 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. Finally, StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $62.25.

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.