Centiva Capital LP Invests $1.56 Million in WNS (Holdings) Limited (NYSE:WNS)

Centiva Capital LP acquired a new stake in WNS (Holdings) Limited (NYSE:WNS) during the third quarter, Holdings Channel reports. The firm acquired 29,564 shares of the business services provider’s stock, valued at approximately $1,558,000.

Other institutional investors have also added to or reduced their stakes in the company. Virtu Financial LLC lifted its stake in shares of WNS by 10.1% during the 1st quarter. Virtu Financial LLC now owns 4,094 shares of the business services provider’s stock valued at $207,000 after buying an additional 375 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of WNS by 64.1% in the second quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock worth $33,000 after acquiring an additional 248 shares during the period. Mendota Financial Group LLC grew its position in shares of WNS by 19.7% in the second quarter. Mendota Financial Group LLC now owns 2,759 shares of the business services provider’s stock valued at $145,000 after purchasing an additional 454 shares in the last quarter. Hunter Perkins Capital Management LLC bought a new stake in shares of WNS during the 2nd quarter valued at $387,000. Finally, Nicholas Company Inc. lifted its holdings in WNS by 10.4% during the 2nd quarter. Nicholas Company Inc. now owns 118,505 shares of the business services provider’s stock worth $6,222,000 after purchasing an additional 11,190 shares in the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on WNS shares. Citigroup set a $55.00 price target on WNS in a research report on Thursday, October 17th. TD Cowen cut shares of WNS from a “buy” rating to a “hold” rating and lowered their target price for the stock from $64.00 to $53.00 in a research note on Thursday, October 17th. Barrington Research restated an “outperform” rating and set a $70.00 price target on shares of WNS in a research report on Friday, October 18th. Needham & Company LLC lowered their price objective on WNS from $70.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, October 18th. Finally, JPMorgan Chase & Co. boosted their target price on WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a research report on Friday, September 6th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $60.33.

WNS Stock Performance

NYSE WNS opened at $51.31 on Wednesday. The stock’s 50-day simple moving average is $50.23 and its two-hundred day simple moving average is $53.41. WNS has a twelve month low of $39.85 and a twelve month high of $72.57. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62.

WNS (NYSE:WNS) 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. WNS had a return on equity of 22.76% and a net margin of 9.39%. The company had revenue of $310.70 million during the quarter, compared to the consensus estimate of $313.66 million. As a group, equities research analysts predict that WNS will post 3.52 earnings per share 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.