Hsbc Holdings PLC Sells 5,565 Shares of WNS (Holdings) Limited $WNS

Hsbc Holdings PLC cut its stake in shares of WNS (Holdings) Limited (NYSE:WNS) by 52.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,983 shares of the business services provider’s stock after selling 5,565 shares during the period. Hsbc Holdings PLC’s holdings in WNS were worth $303,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of WNS. Cetera Investment Advisers raised its stake in shares of WNS by 11.6% during the 1st quarter. Cetera Investment Advisers now owns 5,731 shares of the business services provider’s stock worth $352,000 after purchasing an additional 597 shares during the period. Horizon Family Wealth Inc. raised its stake in shares of WNS by 12.8% during the 1st quarter. Horizon Family Wealth Inc. now owns 7,442 shares of the business services provider’s stock worth $458,000 after purchasing an additional 843 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of WNS by 1.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 104,471 shares of the business services provider’s stock worth $6,424,000 after purchasing an additional 1,117 shares during the period. BKM Wealth Management LLC raised its stake in shares of WNS by 11.1% during the 1st quarter. BKM Wealth Management LLC now owns 14,094 shares of the business services provider’s stock worth $867,000 after purchasing an additional 1,407 shares during the period. Finally, Natixis Advisors LLC raised its stake in shares of WNS by 2.8% during the 1st quarter. Natixis Advisors LLC now owns 54,545 shares of the business services provider’s stock worth $3,354,000 after purchasing an additional 1,507 shares during the period. 97.36% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Barrington Research cut WNS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 8th. Baird R W cut WNS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 8th. Needham & Company LLC cut WNS from a “moderate buy” rating to a “hold” rating in a research note on Monday, July 7th. Jefferies Financial Group reiterated a “hold” rating and set a $76.50 target price (down from $80.00) on shares of WNS in a research note on Tuesday, July 8th. Finally, Wall Street Zen cut WNS from a “buy” rating to a “hold” rating in a research note on Saturday, July 12th. Two equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, WNS presently has an average rating of “Hold” and an average target price of $68.13.

WNS Trading Up 0.1%

Shares of WNS stock opened at $75.42 on Thursday. WNS has a 52-week low of $42.62 and a 52-week high of $75.58. The stock’s 50-day simple moving average is $73.37 and its 200 day simple moving average is $64.59. The stock has a market capitalization of $3.23 billion, a P/E ratio of 21.01, a P/E/G ratio of 2.24 and a beta of 0.91. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.47 and a current ratio of 1.47.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.05. WNS had a return on equity of 22.90% and a net margin of 12.11%.The business had revenue of $339.90 million for the quarter, compared to analysts’ expectations of $323.13 million. During the same period in the previous year, the business posted $0.93 EPS. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. As a group, research analysts anticipate that WNS will post 3.8 EPS for the current year.

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.