Royce & Associates LP Boosts Stake in WNS (Holdings) Limited (NYSE:WNS)

Royce & Associates LP grew its stake in shares of WNS (Holdings) Limited (NYSE:WNS) by 3.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 292,011 shares of the business services provider’s stock after buying an additional 9,900 shares during the period. Royce & Associates LP’s holdings in WNS were worth $15,392,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. GAMMA Investing LLC raised its position in shares of WNS by 64.1% during the 2nd quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock valued at $33,000 after buying an additional 248 shares in the last quarter. Legato Capital Management LLC raised its position in WNS by 2.9% in the 2nd quarter. Legato Capital Management LLC now owns 9,156 shares of the business services provider’s stock worth $481,000 after purchasing an additional 259 shares during the period. BKM Wealth Management LLC raised its position in WNS by 2.8% in the 3rd quarter. BKM Wealth Management LLC now owns 10,972 shares of the business services provider’s stock worth $578,000 after purchasing an additional 298 shares during the period. EverSource Wealth Advisors LLC raised its position in WNS by 228.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock worth $27,000 after purchasing an additional 364 shares during the period. Finally, Virtu Financial LLC raised its position in WNS by 10.1% in the 1st quarter. Virtu Financial LLC now owns 4,094 shares of the business services provider’s stock worth $207,000 after purchasing an additional 375 shares during the period. Hedge funds and other institutional investors own 97.36% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. lifted their target price 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. Deutsche Bank Aktiengesellschaft decreased their target price on shares of WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a research report on Thursday, October 3rd. TD Cowen cut shares of WNS from a “buy” rating to a “hold” rating and decreased their target price for the stock from $64.00 to $53.00 in a research report on Thursday, October 17th. Barrington Research reiterated an “outperform” rating and issued a $70.00 target price on shares of WNS in a research report on Friday, October 18th. Finally, Citigroup set a $55.00 price target on shares of 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 company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $60.33.

WNS Trading Down 0.4 %

Shares of WNS stock opened at $50.52 on Friday. WNS has a 12-month low of $39.85 and a 12-month high of $72.57. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. The company’s fifty day simple moving average is $51.15 and its two-hundred day simple moving average is $52.98.

WNS (NYSE:WNS) last announced its earnings results on Thursday, October 17th. The business services provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.21. The firm had revenue of $310.70 million for the quarter, compared to analyst estimates of $313.66 million. WNS had a net margin of 9.39% and a return on equity of 22.76%. Sell-side analysts predict 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.