WNS (Holdings) Limited (NYSE:WNS) Shares Purchased by State Street Corp

State Street Corp increased its stake in shares of WNS (Holdings) Limited (NYSE:WNS) by 40.5% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 743,343 shares of the business services provider’s stock after acquiring an additional 214,417 shares during the period. State Street Corp owned approximately 1.55% of WNS worth $39,182,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its holdings in WNS by 228.9% in the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock worth $27,000 after acquiring an additional 364 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in WNS during the third quarter valued at approximately $46,000. Amalgamated Bank purchased a new stake in shares of WNS during the second quarter valued at $84,000. GAMMA Investing LLC lifted its position in shares of WNS by 237.2% in the 3rd quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider’s stock valued at $113,000 after acquiring an additional 1,506 shares in the last quarter. Finally, Blue Trust Inc. raised its position 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 valued at $140,000 after buying an additional 2,452 shares during the period. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Stock Up 1.0 %

NYSE:WNS opened at $45.98 on Friday. The stock’s fifty day simple moving average is $49.81 and its 200-day simple moving average is $53.14. The firm has a market capitalization of $2.20 billion, a P/E ratio of 17.68, a P/E/G ratio of 1.93 and a beta of 1.14. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23. WNS has a 12-month low of $39.85 and a 12-month high of $72.57.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, October 17th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.21. The company 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 research analysts expect that WNS will post 3.52 earnings per share for the current year.

Analysts Set New Price Targets

WNS has been the subject of several recent research reports. Needham & Company LLC decreased 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 issued a $70.00 target price on shares of WNS in a research note on Friday, October 18th. TD Cowen cut shares of WNS from a “buy” rating to a “hold” rating and dropped their target price for the stock from $64.00 to $53.00 in a research report on Thursday, October 17th. JPMorgan Chase & Co. upped their price target on shares of WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a research report on Friday, September 6th. Finally, Citigroup set a $55.00 price target on WNS in a report on Thursday, October 17th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $60.33.

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.