Charles Schwab Investment Management Inc. Has $4.90 Million Stock Holdings in WNS (Holdings) Limited (NYSE:WNS)

Charles Schwab Investment Management Inc. trimmed its position in WNS (Holdings) Limited (NYSE:WNS) by 4.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 103,354 shares of the business services provider’s stock after selling 5,226 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.22% of WNS worth $4,898,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. FMR LLC raised its stake in WNS by 2.1% in the third quarter. FMR LLC now owns 4,898,543 shares of the business services provider’s stock valued at $258,202,000 after buying an additional 99,195 shares during the period. State Street Corp raised 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 period. Principal Financial Group Inc. lifted its holdings in WNS by 3,523.4% during the 4th quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider’s stock valued at $7,219,000 after purchasing an additional 148,122 shares during the last quarter. Bank of New York Mellon Corp boosted its position in WNS by 24.1% during the fourth quarter. Bank of New York Mellon Corp now owns 145,150 shares of the business services provider’s stock worth $6,879,000 after purchasing an additional 28,201 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in shares of WNS by 18.1% in the third quarter. BNP Paribas Financial Markets now owns 108,255 shares of the business services provider’s stock valued at $5,706,000 after purchasing an additional 16,557 shares during the last quarter. 97.36% of the stock is currently owned by institutional investors and hedge funds.

WNS Stock Up 3.0 %

NYSE WNS opened at $64.80 on Wednesday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 22.66, a PEG ratio of 2.10 and a beta of 1.22. The company has a 50 day moving average of $58.30 and a 200-day moving average of $52.86. WNS has a 1-year low of $39.85 and a 1-year high of $65.03.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. On average, equities research analysts expect that WNS will post 3.8 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Needham & Company LLC raised their target price on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, March 11th. StockNews.com upgraded shares of WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Jefferies Financial Group decreased their target price on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. Finally, Robert W. Baird increased their target price on WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, WNS presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.63.

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.