Janney Montgomery Scott LLC Acquires 1,357 Shares of WNS (Holdings) Limited (NYSE:WNS)

Janney Montgomery Scott LLC grew its holdings in WNS (Holdings) Limited (NYSE:WNS) by 4.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,918 shares of the business services provider’s stock after acquiring an additional 1,357 shares during the quarter. Janney Montgomery Scott LLC owned 0.07% of WNS worth $1,682,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its holdings in WNS by 228.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after buying an additional 364 shares in the last quarter. GAMMA Investing LLC increased its holdings in WNS by 64.1% in the 2nd quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock worth $33,000 after purchasing an additional 248 shares in the last quarter. Financial Management Professionals Inc. acquired a new position in shares of WNS in the third quarter valued at approximately $46,000. Amalgamated Bank acquired a new position in shares of WNS during the second quarter worth $84,000. Finally, Blue Trust Inc. increased its position in WNS by 1,151.2% during the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock valued at $140,000 after purchasing an additional 2,452 shares during the period. 97.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WNS has been the topic of a number of research analyst reports. Needham & Company LLC cut their price objective on shares of WNS from $70.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, October 18th. JPMorgan Chase & Co. boosted their price target on shares of WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, September 6th. TD Cowen lowered WNS from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $64.00 to $53.00 in a report on Thursday, October 17th. Barrington Research restated an “outperform” rating and issued a $70.00 target price on shares of WNS in a research note on Friday, October 18th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a research report on Thursday, October 3rd. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $60.33.

WNS Price Performance

Shares of NYSE WNS opened at $54.56 on Thursday. The stock has a market capitalization of $2.61 billion and a price-to-earnings ratio of 20.98. WNS has a 12 month low of $39.85 and a 12 month high of $72.57. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. The firm’s 50 day simple moving average is $51.32 and its 200-day simple moving average is $52.98.

WNS (NYSE:WNS) last posted its quarterly earnings results on Thursday, October 17th. The business services provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.78 by $0.21. WNS had a return on equity of 22.76% and a net margin of 9.39%. The firm had revenue of $310.70 million during the quarter, compared to analysts’ expectations of $313.66 million. Analysts expect that WNS will post 3.52 EPS for the current year.

WNS Company 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.