Nordea Investment Management AB increased its stake in shares of WNS (Holdings) Ltd. (NYSE:WNS) by 3.9% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 39,271 shares of the company’s stock after buying an additional 1,471 shares during the period. Nordea Investment Management AB owned 0.08% of WNS (Holdings) worth $1,176,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in WNS. Rice Hall James & Associates LLC boosted its position in shares of WNS (Holdings) by 0.7% in the second quarter. Rice Hall James & Associates LLC now owns 501,701 shares of the company’s stock worth $13,546,000 after buying an additional 3,310 shares during the last quarter. RS Investment Management Co. LLC acquired a new position in shares of WNS (Holdings) during the second quarter worth about $27,794,000. Emerald Acquisition Ltd. acquired a new position in shares of WNS (Holdings) during the second quarter worth about $6,550,000. Envestnet Asset Management Inc. boosted its position in shares of WNS (Holdings) by 2,267.9% in the first quarter. Envestnet Asset Management Inc. now owns 75,749 shares of the company’s stock worth $2,321,000 after buying an additional 72,550 shares during the last quarter. Finally, Huntington National Bank acquired a new position in shares of WNS (Holdings) during the second quarter worth about $135,000. Hedge funds and other institutional investors own 93.77% of the company’s stock.
WNS (NYSE:WNS) traded down 0.08% during midday trading on Friday, reaching $26.02. 45,469 shares of the company were exchanged. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 24.52 and a beta of 1.06. WNS has a 52-week low of $25.01 and a 52-week high of $32.82. The firm’s 50-day moving average price is $27.04 and its 200 day moving average price is $28.62.
WNS (Holdings) (NYSE:WNS) last announced its earnings results on Wednesday, October 26th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.46 by $0.04. The company earned $143.70 million during the quarter, compared to the consensus estimate of $138.06 million. WNS (Holdings) had a net margin of 9.64% and a return on equity of 20.23%. The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS. Equities analysts predict that WNS will post $1.67 earnings per share for the current year.
A number of brokerages have issued reports on WNS. Zacks Investment Research cut shares of WNS (Holdings) from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 27th. Cantor Fitzgerald set a $30.00 target price on shares of WNS (Holdings) and gave the stock a “buy” rating in a research report on Thursday, October 20th. Robert W. Baird lifted their target price on shares of WNS (Holdings) from $35.00 to $37.00 and gave the stock an “outperform” rating in a research report on Thursday, September 15th. Finally, SunTrust Banks Inc. upgraded shares of WNS (Holdings) from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $31.00 to $36.00 in a research report on Tuesday, August 9th. One analyst has rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $34.43.
About WNS (Holdings)
WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.