Jane Street Group LLC Grows Stake in WNS (Holdings) Limited (NYSE:WNS)

Jane Street Group LLC increased its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 728.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 52,974 shares of the business services provider’s stock after purchasing an additional 46,577 shares during the quarter. Jane Street Group LLC owned 0.11% of WNS worth $2,792,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. State Street Corp grew its stake in WNS by 40.5% in the 3rd quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock valued at $39,182,000 after acquiring an additional 214,417 shares during the last quarter. Centiva Capital LP purchased a new stake in shares of WNS in the third quarter valued at about $1,558,000. Verition Fund Management LLC acquired a new stake in shares of WNS in the third quarter valued at approximately $392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of WNS during the 3rd quarter worth approximately $1,539,000. Finally, MetLife Investment Management LLC raised its position in shares of WNS by 117.3% during the 3rd quarter. MetLife Investment Management LLC now owns 25,388 shares of the business services provider’s stock worth $1,338,000 after purchasing an additional 13,702 shares during the last quarter. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

WNS Price Performance

WNS stock opened at $45.98 on Friday. 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 company has a market cap of $2.20 billion, a price-to-earnings ratio of 17.68, a PEG ratio of 1.93 and a beta of 1.14. WNS has a 1 year low of $39.85 and a 1 year high of $72.57. The firm has a 50 day moving average price of $49.81 and a 200 day moving average price of $53.16.

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

Analyst Ratings Changes

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

WNS 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.