Rhumbline Advisers cut its holdings in WNS (Holdings) Limited (NYSE:WNS – Free Report) by 6.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,086 shares of the business services provider’s stock after selling 3,917 shares during the period. Rhumbline Advisers’ holdings in WNS were worth $3,695,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently made changes to their positions in the business. Quarry LP bought a new stake in WNS in the 1st quarter valued at about $47,000. NBC Securities Inc. bought a new stake in WNS in the 1st quarter valued at about $96,000. KBC Group NV bought a new stake in WNS in the 1st quarter valued at about $109,000. Ironwood Wealth Management LLC. bought a new stake in WNS in the 1st quarter valued at about $209,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in WNS in the 1st quarter valued at about $216,000. 97.36% of the stock is owned by institutional investors.
Get WNS alerts:
WNS Stock Performance
WNS stock opened at $75.66 on Monday. The firm has a market cap of $3.25 billion, a PE ratio of 21.08, a P/E/G ratio of 2.25 and a beta of 0.91. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.18. The business has a 50 day moving average of $75.07 and a 200-day moving average of $65.57. WNS has a 12-month low of $42.62 and a 12-month high of $75.84.
WNS (NYSE:WNS – Get Free Report) last released its earnings results on Thursday, July 24th. The business services provider reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.05. The company had revenue of $339.90 million during the quarter, compared to analyst estimates of $323.13 million. WNS had a return on equity of 22.90% and a net margin of 12.11%.WNS’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.93 earnings per share. As a group, sell-side analysts expect that WNS will post 3.8 earnings per share for the current year.
Analysts Set New Price Targets
A number of analysts recently commented on the company. Deutsche Bank Aktiengesellschaft assumed coverage on WNS in a research report on Thursday, July 17th. They issued a “hold” rating and a $76.50 target price for the company. Barrington Research lowered WNS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. Wall Street Zen lowered WNS from a “buy” rating to a “hold” rating in a report on Saturday, July 12th. William Blair lowered WNS from a “strong-buy” rating to a “market perform” rating in a report on Monday, July 7th. Finally, Baird R W lowered WNS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. Two equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $67.43.
Check Out Our Latest Stock Report on WNS
About WNS
(Free Report)
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.
Recommended Stories
Five stocks we like better than WNS
How to Calculate Stock Profit
Best Bang For Your Buck? 2 Bargain Stocks with 30%+ Upside
Pros And Cons Of Monthly Dividend Stocks
Football Season Is Here and DraftKings Stock Is Surging
The 3 Best Blue-Chip Stocks to Buy Now
RH Stock Slides After Mixed Earnings and Tariff Concerns
Want to see what other hedge funds are holding WNS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WNS (Holdings) Limited (NYSE:WNS – Free Report).