Putnam Investments LLC increased its stake in shares of WNS (Holdings) Limited (NYSE:WNS – Free Report) by 1.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 192,296 shares of the business services provider’s stock after purchasing an additional 2,436 shares during the period. Putnam Investments LLC owned 0.40% of WNS worth $17,916,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently modified their holdings of WNS. Macquarie Group Ltd. raised its holdings in WNS by 1.5% in the 2nd quarter. Macquarie Group Ltd. now owns 2,662,818 shares of the business services provider’s stock valued at $198,753,000 after acquiring an additional 38,496 shares during the last quarter. Acadian Asset Management LLC raised its holdings in WNS by 0.8% in the 1st quarter. Acadian Asset Management LLC now owns 1,525,248 shares of the business services provider’s stock valued at $142,076,000 after acquiring an additional 11,684 shares during the last quarter. WCM Investment Management LLC raised its holdings in WNS by 0.9% in the 1st quarter. WCM Investment Management LLC now owns 1,394,082 shares of the business services provider’s stock valued at $129,887,000 after acquiring an additional 12,361 shares during the last quarter. DF Dent & Co. Inc. raised its holdings in WNS by 30.2% in the 1st quarter. DF Dent & Co. Inc. now owns 1,208,639 shares of the business services provider’s stock valued at $112,609,000 after acquiring an additional 280,175 shares during the last quarter. Finally, Ensign Peak Advisors Inc grew its stake in shares of WNS by 6.0% in the 1st quarter. Ensign Peak Advisors Inc now owns 927,213 shares of the business services provider’s stock valued at $86,388,000 after buying an additional 52,290 shares during the period. Institutional investors and hedge funds own 99.49% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on WNS shares. Robert W. Baird raised shares of WNS from a “neutral” rating to an “outperform” rating and set a $86.00 price target for the company in a research note on Friday, July 21st. Bank of America dropped their price target on shares of WNS from $105.00 to $95.00 in a research note on Friday, July 21st. Barrington Research dropped their price target on shares of WNS from $108.00 to $88.00 and set an “outperform” rating for the company in a research note on Friday, July 21st. StockNews.com started coverage on shares of WNS in a research note on Thursday, August 17th. They issued a “hold” rating for the company. Finally, Citigroup dropped their price target on shares of WNS from $104.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, July 21st. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $100.00.
WNS Price Performance
WNS stock opened at $66.54 on Friday. The firm has a market cap of $3.15 billion, a PE ratio of 24.92, a price-to-earnings-growth ratio of 1.47 and a beta of 1.15. WNS has a 52-week low of $60.79 and a 52-week high of $94.96. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.17. The company’s 50 day moving average is $67.14 and its two-hundred day moving average is $77.08.
WNS (NYSE:WNS – Get Free Report) last released its earnings results on Thursday, July 20th. The business services provider reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.08. The company had revenue of $317.50 million for the quarter, compared to analyst estimates of $304.58 million. WNS had a net margin of 10.71% and a return on equity of 21.61%. The firm’s quarterly revenue was up 15.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.70 EPS. On average, research analysts expect that WNS will post 3.45 EPS for the current fiscal year.
WNS Company Profile
WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; Hi-tech and professional services; and banking and financial services.
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