Central Pacific Bank Trust Division raised its position in shares of WNS (Holdings) Limited (NYSE:WNS – Free Report) by 29.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,940 shares of the business services provider’s stock after purchasing an additional 1,580 shares during the period. Central Pacific Bank Trust Division’s holdings in WNS were worth $329,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the company. DGS Capital Management LLC bought a new stake in WNS in the third quarter worth $291,000. Virtu Financial LLC acquired a new stake in shares of WNS in the third quarter worth about $745,000. Barclays PLC lifted its position in shares of WNS by 329.7% in the third quarter. Barclays PLC now owns 68,007 shares of the business services provider’s stock worth $3,584,000 after buying an additional 52,179 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of WNS during the 3rd quarter worth about $2,326,000. Finally, XTX Topco Ltd acquired a new position in shares of WNS during the 3rd quarter valued at about $398,000. 97.36% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on WNS. Deutsche Bank Aktiengesellschaft decreased their target price on WNS from $55.00 to $51.00 and set a “hold” rating for the company in a research report on Thursday, October 3rd. TD Cowen lowered shares of WNS from a “buy” rating to a “hold” rating and lowered their target price for the company from $64.00 to $53.00 in a research note on Thursday, October 17th. 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 report on Friday, October 18th. Barrington Research restated an “outperform” rating and set a $70.00 price target on shares of WNS in a report on Friday, October 18th. Finally, Citigroup set a $55.00 price objective on WNS in a research note on Thursday, October 17th. 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.com, WNS currently has a consensus rating of “Hold” and an average price target of $60.33.
WNS Stock Performance
NYSE WNS opened at $46.99 on Friday. The company’s fifty day moving average is $49.75 and its two-hundred day moving average is $52.85. The firm has a market capitalization of $2.25 billion, a price-to-earnings ratio of 18.07, a P/E/G ratio of 1.93 and a beta of 1.16. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. WNS has a 52-week low of $39.85 and a 52-week high of $72.57.
WNS (NYSE:WNS – Get Free Report) last released 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 for the quarter, compared to the consensus estimate of $313.66 million. WNS had a return on equity of 22.76% and a net margin of 9.39%. Equities research analysts forecast that WNS will post 3.52 EPS for the current year.
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.
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