WNS (Holdings) Limited (NYSE:WNS) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 1.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 108,580 shares of the business services provider’s stock after selling 2,011 shares during the period. Charles Schwab Investment Management Inc. owned about 0.23% of WNS worth $5,723,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Diamond Hill Capital Management Inc. raised its stake in WNS by 11.9% during the 2nd quarter. Diamond Hill Capital Management Inc. now owns 1,777,557 shares of the business services provider’s stock worth $93,322,000 after acquiring an additional 188,616 shares in the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of WNS in the 3rd quarter valued at about $61,726,000. Allspring Global Investments Holdings LLC grew its stake in WNS by 84.2% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 591,052 shares of the business services provider’s stock worth $31,030,000 after buying an additional 270,117 shares during the last quarter. TimesSquare Capital Management LLC increased its position in WNS by 17.1% during the third quarter. TimesSquare Capital Management LLC now owns 377,825 shares of the business services provider’s stock worth $19,915,000 after buying an additional 55,306 shares during the period. Finally, William Blair Investment Management LLC lifted its stake in WNS by 8.3% in the second quarter. William Blair Investment Management LLC now owns 347,511 shares of the business services provider’s stock valued at $18,244,000 after buying an additional 26,648 shares during the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Trading Down 2.3 %

Shares of WNS stock opened at $48.35 on Friday. WNS has a 1-year low of $39.85 and a 1-year 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 business’s fifty day moving average price is $50.01 and its 200 day moving average price is $53.33. The firm has a market capitalization of $2.31 billion, a PE ratio of 18.60, a P/E/G ratio of 1.94 and a beta of 1.14.

WNS (NYSE:WNS) last announced its quarterly earnings data 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 net margin of 9.39% and a return on equity of 22.76%. The firm had revenue of $310.70 million during the quarter, compared to analysts’ expectations of $313.66 million. As a group, sell-side analysts forecast that WNS will post 3.52 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WNS has been the subject of several research reports. Citigroup set a $55.00 price target on shares of WNS in a research report on Thursday, October 17th. JPMorgan Chase & Co. raised their price target on WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, September 6th. Barrington Research reaffirmed an “outperform” rating and set a $70.00 price objective on shares of WNS in a research note on Friday, October 18th. Needham & Company LLC dropped their target price on WNS from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, October 18th. Finally, Deutsche Bank Aktiengesellschaft lowered 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 equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, WNS presently has a consensus rating of “Hold” and an average price target of $60.33.

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.