Millennium Management LLC Has $430,000 Holdings in WNS (Holdings) Limited (NYSE:WNS)

Millennium Management LLC grew its holdings in WNS (Holdings) Limited (NYSE:WNS) by 54.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,070 shares of the business services provider’s stock after buying an additional 3,204 shares during the quarter. Millennium Management LLC’s holdings in WNS were worth $430,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in WNS. Hhlr Advisors LTD. acquired a new position in shares of WNS in the 4th quarter valued at $72,576,000. Thrivent Financial for Lutherans raised its stake 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 valued at $70,307,000 after buying an additional 312,519 shares in the last quarter. Mesirow Institutional Investment Management Inc. acquired a new position in shares of WNS in the 4th quarter valued at $14,181,000. Principal Financial Group Inc. grew its holdings in shares of WNS by 3,523.4% in the 4th quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider’s stock worth $7,219,000 after purchasing an additional 148,122 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of WNS by 27.1% in the 4th quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider’s stock worth $19,693,000 after purchasing an additional 88,698 shares during the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Stock Down 0.2%

Shares of NYSE:WNS opened at $59.65 on Tuesday. WNS has a 12 month low of $42.62 and a 12 month high of $72.11. The company’s 50-day moving average price is $60.04 and its two-hundred day moving average price is $56.54. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. The firm has a market cap of $2.77 billion, a P/E ratio of 20.86, a P/E/G ratio of 2.10 and a beta of 0.92.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.04. WNS had a net margin of 10.03% and a return on equity of 22.25%. The firm had revenue of $336.30 million for the quarter, compared to analyst estimates of $323.62 million. During the same quarter in the prior year, the firm earned $1.12 EPS. The company’s revenue was down .8% on a year-over-year basis. As a group, research analysts forecast that WNS will post 3.8 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on WNS. 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 report on Tuesday, March 11th. Barrington Research reaffirmed an “outperform” rating and issued a $75.00 target price on shares of WNS in a report on Friday, April 25th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $62.25.

WNS 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.