TradeLink Capital LLC Invests $901,000 in WNS (Holdings) Limited (NYSE:WNS)

TradeLink Capital LLC bought a new stake in shares of WNS (Holdings) Limited (NYSE:WNS) in the fourth quarter, Holdings Channel reports. The fund bought 19,021 shares of the business services provider’s stock, valued at approximately $901,000. WNS accounts for 8.9% of TradeLink Capital LLC’s holdings, making the stock its 4th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WNS. Janney Montgomery Scott LLC lifted its position in WNS by 4.4% during the third quarter. Janney Montgomery Scott LLC now owns 31,918 shares of the business services provider’s stock valued at $1,682,000 after purchasing an additional 1,357 shares during the period. Verdence Capital Advisors LLC raised its position in shares of WNS by 4.2% in the third quarter. Verdence Capital Advisors LLC now owns 10,022 shares of the business services provider’s stock worth $528,000 after acquiring an additional 407 shares during the period. TimesSquare Capital Management LLC raised its position in shares of WNS by 17.1% in the third quarter. TimesSquare Capital Management LLC now owns 377,825 shares of the business services provider’s stock worth $19,915,000 after acquiring an additional 55,306 shares during the period. Entropy Technologies LP acquired a new position in shares of WNS in the third quarter worth about $331,000. Finally, Royce & Associates LP raised its position in shares of WNS by 3.5% in the third quarter. Royce & Associates LP now owns 292,011 shares of the business services provider’s stock worth $15,392,000 after acquiring an additional 9,900 shares during the period. 97.36% of the stock is currently owned by institutional investors and hedge funds.

WNS Stock Up 5.9 %

Shares of NYSE WNS opened at $59.99 on Friday. The company has a 50 day simple moving average of $54.39 and a 200-day simple moving average of $52.63. The company has a market capitalization of $2.77 billion, a P/E ratio of 20.97, a P/E/G ratio of 2.10 and a beta of 1.22. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. 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 results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. On average, equities research analysts predict that WNS will post 3.8 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Jefferies Financial Group decreased their price objective on shares of WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. Needham & Company LLC upped their price objective on shares of WNS from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Finally, Robert W. Baird upped their price objective on shares of WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, WNS currently has an average rating of “Moderate Buy” and an average price target of $61.00.

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.