WNS (Holdings) Limited (NYSE:WNS) Shares Sold by Rhumbline Advisers

Rhumbline Advisers decreased its holdings in shares of WNS (Holdings) Limited (NYSE:WNS) by 6.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,086 shares of the business services provider’s stock after selling 3,917 shares during the quarter. Rhumbline Advisers owned about 0.13% of WNS worth $3,695,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS acquired a new stake in WNS during the fourth quarter worth $355,000. Kennedy Capital Management LLC acquired a new stake in WNS during the fourth quarter worth $2,813,000. LPL Financial LLC increased its stake in WNS by 3.9% during the fourth quarter. LPL Financial LLC now owns 13,770 shares of the business services provider’s stock worth $653,000 after acquiring an additional 514 shares during the last quarter. Millennium Management LLC boosted its position in shares of WNS by 54.6% during the fourth quarter. Millennium Management LLC now owns 9,070 shares of the business services provider’s stock worth $430,000 after buying an additional 3,204 shares during the period. Finally, William Blair Investment Management LLC boosted its position in shares of WNS by 5.0% during 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 buying an additional 53,433 shares during the period. Institutional investors and hedge funds own 97.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on WNS shares. Needham & Company LLC raised their price target on WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, March 11th. Barrington Research restated an “outperform” rating and set a $75.00 price target 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 issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.25.

WNS Trading Down 1.5%

NYSE:WNS opened at $59.73 on Friday. The firm has a market cap of $2.77 billion, a PE ratio of 20.88, a price-to-earnings-growth ratio of 2.10 and a beta of 0.92. The stock has a fifty day moving average price of $59.93 and a 200 day moving average price of $56.71. WNS has a 12-month low of $42.62 and a 12-month 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.

WNS (NYSE:WNS) last released its earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.04. The firm had revenue of $336.30 million during the quarter, compared to analyst estimates of $323.62 million. WNS had a return on equity of 22.25% and a net margin of 10.03%. WNS’s revenue was down .8% compared to the same quarter last year. During the same period last year, the business posted $1.12 earnings per share. Sell-side analysts anticipate that WNS will post 3.8 earnings per share for the current fiscal year.

About WNS

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.