PNC Financial Services Group Inc. Has $808,000 Stock Position in WNS (Holdings) Limited (NYSE:WNS)

PNC Financial Services Group Inc. lowered its stake in shares of WNS (Holdings) Limited (NYSE:WNS) by 4.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,783 shares of the business services provider’s stock after selling 656 shares during the period. PNC Financial Services Group Inc.’s holdings in WNS were worth $808,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Alliance Wealth Advisors LLC UT raised its holdings in shares of WNS by 3.4% during the fourth quarter. Alliance Wealth Advisors LLC UT now owns 5,563 shares of the business services provider’s stock valued at $352,000 after purchasing an additional 185 shares during the period. Lindbrook Capital LLC raised its holdings in shares of WNS by 33.0% during the fourth quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 187 shares during the period. 1492 Capital Management LLC raised its holdings in shares of WNS by 1.1% during the fourth quarter. 1492 Capital Management LLC now owns 18,556 shares of the business services provider’s stock valued at $1,173,000 after purchasing an additional 196 shares during the period. Parallel Advisors LLC raised its holdings in shares of WNS by 30.4% during the fourth quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock valued at $53,000 after purchasing an additional 196 shares during the period. Finally, DGS Capital Management LLC raised its holdings in shares of WNS by 6.3% during the fourth quarter. DGS Capital Management LLC now owns 3,405 shares of the business services provider’s stock valued at $215,000 after purchasing an additional 203 shares during the period. Institutional investors and hedge funds own 97.36% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Barrington Research restated an “outperform” rating and issued a $60.00 target price on shares of WNS in a report on Tuesday, May 28th. Deutsche Bank Aktiengesellschaft lowered shares of WNS from a “buy” rating to a “hold” rating and lowered their target price for the stock from $64.00 to $44.00 in a report on Friday, April 26th. Needham & Company LLC lowered their target price on shares of WNS from $80.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, April 25th. Citigroup lowered their target price on shares of WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a report on Monday, April 22nd. Finally, TD Cowen lowered their target price on shares of WNS from $70.00 to $64.00 and set a “buy” rating on the stock in a report on Friday, April 26th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, WNS presently has a consensus rating of “Moderate Buy” and an average target price of $71.11.

WNS Stock Down 3.1 %

WNS stock opened at $51.41 on Tuesday. WNS has a twelve month low of $39.85 and a twelve month high of $75.12. The firm has a 50 day moving average price of $49.37 and a 200-day moving average price of $55.96. The company has a market capitalization of $2.46 billion and a P/E ratio of 18.17. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 0.13.

WNS (NYSE:WNS) last released its earnings results on Thursday, April 25th. The business services provider reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. WNS had a net margin of 10.59% and a return on equity of 22.23%. The firm had revenue of $325.90 million during the quarter, compared to the consensus estimate of $322.92 million. As a group, equities analysts predict that WNS will post 3.62 EPS for the current 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.