Teacher Retirement System of Texas Makes New Investment in WNS (Holdings) Limited (NYSE:WNS)

Teacher Retirement System of Texas bought a new position in shares of WNS (Holdings) Limited (NYSE:WNS) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 5,811 shares of the business services provider’s stock, valued at approximately $357,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WNS. Johnson Financial Group Inc. acquired a new position in shares of WNS during the fourth quarter valued at about $53,000. NBC Securities Inc. bought a new stake in WNS in the first quarter valued at about $96,000. KBC Group NV bought a new stake in WNS in the first quarter valued at about $109,000. Ironwood Wealth Management LLC. bought a new stake in WNS in the first quarter valued at about $209,000. Finally, Pictet Asset Management Holding SA bought a new stake in WNS in the fourth quarter valued at about $213,000. Institutional investors and hedge funds own 97.36% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on WNS shares. William Blair lowered WNS from a “strong-buy” rating to a “market perform” rating in a research report on Monday, July 7th. Baird R W lowered WNS from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft started coverage on WNS in a research report on Thursday. They set a “hold” rating and a $76.50 price target on the stock. Needham & Company LLC lowered WNS from a “moderate buy” rating to a “hold” rating in a research report on Monday, July 7th. Finally, Barrington Research lowered WNS from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 8th. Nine equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $68.13.

WNS Stock Up 0.2%

Shares of WNS stock opened at $74.78 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.19. WNS has a 1 year low of $42.62 and a 1 year high of $74.96. The firm’s fifty day moving average price is $61.90 and its two-hundred day moving average price is $59.68. The firm has a market capitalization of $3.47 billion, a P/E ratio of 20.10, a PEG ratio of 2.14 and a beta of 0.93.

WNS (NYSE:WNS) last issued its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.04. WNS had a net margin of 12.94% and a return on equity of 23.26%. The firm had revenue of $336.30 million for the quarter, compared to analyst estimates of $323.62 million. During the same period in the previous year, the business earned $1.12 EPS. The company’s revenue was down .8% compared to the same quarter last year. On average, equities analysts predict that WNS will post 3.8 EPS 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.