MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Lowers Stock Holdings in WNS (Holdings) Limited (NYSE:WNS)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lowered its stake in WNS (Holdings) Limited (NYSE:WNS) by 1.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,437 shares of the business services provider’s stock after selling 334 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.05% of WNS worth $1,158,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hhlr Advisors LTD. bought a new stake in WNS in the fourth quarter worth $72,576,000. Thrivent Financial for Lutherans raised its position in shares of WNS by 26.7% in 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. William Blair Investment Management LLC boosted its stake in WNS by 5.0% in the 4th quarter. William Blair Investment Management LLC now owns 1,112,743 shares of the business services provider’s stock worth $52,733,000 after purchasing an additional 53,433 shares in the last quarter. Vanguard Group Inc. grew its position in WNS by 27.1% during the 4th quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider’s stock valued at $19,693,000 after purchasing an additional 88,698 shares during the last quarter. Finally, Northern Trust Corp increased its stake in WNS by 7.8% during the 4th quarter. Northern Trust Corp now owns 341,820 shares of the business services provider’s stock valued at $16,199,000 after purchasing an additional 24,690 shares in the last quarter. Hedge funds and other institutional investors own 97.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Needham & Company LLC upped their target price on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, March 11th. Barrington Research reaffirmed an “outperform” rating and issued a $75.00 price objective on shares of WNS in a research report on Friday, April 25th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $62.25.

WNS Price Performance

Shares of WNS opened at $57.85 on Monday. The firm has a market cap of $2.69 billion, a PE ratio of 20.23, a P/E/G ratio of 2.10 and a beta of 0.94. WNS has a 1-year low of $42.62 and a 1-year high of $72.11. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. The firm has a fifty day simple moving average of $61.31 and a two-hundred day simple moving average of $56.09.

WNS (NYSE:WNS) last posted its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.04. The company had revenue of $336.30 million during the quarter, compared to analysts’ expectations of $323.62 million. WNS had a return on equity of 22.25% and a net margin of 10.03%. WNS’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.12 earnings per share. On average, equities analysts anticipate 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.