Intech Investment Management LLC Takes $471,000 Position in WNS (Holdings) Limited (NYSE:WNS)

Intech Investment Management LLC bought a new position in shares of WNS (Holdings) Limited (NYSE:WNS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,936 shares of the business services provider’s stock, valued at approximately $471,000.

A number of other hedge funds have also added to or reduced their stakes in WNS. EverSource Wealth Advisors LLC boosted its position in WNS by 228.9% during the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 364 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of WNS by 64.1% in the 2nd quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock valued at $33,000 after buying an additional 248 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in shares of WNS in the 3rd quarter valued at approximately $46,000. Amalgamated Bank bought a new position in shares of WNS in the second quarter valued at $84,000. Finally, Blue Trust Inc. increased its holdings in WNS by 1,151.2% during the third quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock worth $140,000 after buying an additional 2,452 shares during the last quarter. Institutional investors own 97.36% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on WNS. Citigroup set a $55.00 price objective on WNS in a research report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft cut their price target on WNS from $55.00 to $51.00 and set a “hold” rating for the company in a report on Thursday, October 3rd. JPMorgan Chase & Co. upped their price objective on shares of WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a report on Friday, September 6th. Needham & Company LLC cut their target price on shares of WNS from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, October 18th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $70.00 target price on shares of WNS in a report on Friday, October 18th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $60.33.

WNS Stock Down 1.3 %

WNS stock opened at $53.50 on Tuesday. The firm has a market cap of $2.56 billion and a price-to-earnings ratio of 20.58. WNS has a 52-week low of $39.85 and a 52-week high of $72.57. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62. The firm has a 50 day moving average price of $50.29 and a two-hundred day moving average price of $53.42.

WNS (NYSE:WNS) last announced its earnings results on Thursday, October 17th. The business services provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.21. The business had revenue of $310.70 million during the quarter, compared to the consensus estimate of $313.66 million. WNS had a net margin of 9.39% and a return on equity of 22.76%. Equities analysts predict that WNS will post 3.52 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.