The 490 Shares of WNS (Holdings) Ltd. (WNS) are sold by Advisors Asset Management Inc.

The 490 Shares of WNS (Holdings) Ltd. (WNS) are sold by Advisors Asset Management Inc.

Advisors Asset Management Inc. reduced its stake in WNS (Holdings) Ltd. (NYSE:WNS) by 10.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,220 shares of the company’s stock after selling 490 shares during the period. Advisors Asset Management Inc.’s holdings in WNS (Holdings) were worth $114,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Clark Capital Management Group Inc. increased its stake in shares of WNS (Holdings) by 17.7% in the first quarter. Clark Capital Management Group Inc. now owns 74,839 shares of the company’s stock valued at $2,293,000 after buying an additional 11,244 shares during the last quarter. Envestnet Asset Management Inc. increased its stake 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 valued at $2,321,000 after buying an additional 72,550 shares during the last quarter. Nuveen Asset Management LLC increased its stake in shares of WNS (Holdings) by 1.1% in the first quarter. Nuveen Asset Management LLC now owns 40,518 shares of the company’s stock valued at $1,241,000 after buying an additional 448 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of WNS (Holdings) by 1.7% in the first quarter. Renaissance Technologies LLC now owns 1,277,500 shares of the company’s stock valued at $39,143,000 after buying an additional 21,697 shares during the last quarter. Finally, Granahan Investment Management Inc. MA increased its stake in shares of WNS (Holdings) by 0.5% in the first quarter. Granahan Investment Management Inc. MA now owns 785,045 shares of the company’s stock valued at $24,054,000 after buying an additional 4,200 shares during the last quarter. Institutional investors and hedge funds own 88.06% of the company’s stock.

Shares of WNS (NYSE:WNS) traded down 3.23% during trading on Friday, hitting $27.52. 486,551 shares of the company’s stock were exchanged. WNS has a 12-month low of $25.01 and a 12-month high of $34.37. The company has a 50-day moving average of $29.55 and a 200-day moving average of $29.64. The company has a market cap of $1.40 billion, a P/E ratio of 24.79 and a beta of 0.85.

WNS (Holdings) (NYSE:WNS) last posted its quarterly earnings data on Thursday, July 14th. The company reported $0.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.01. The company earned $148 million during the quarter, compared to analysts’ expectations of $135.19 million. WNS (Holdings) had a net margin of 10.30% and a return on equity of 21.83%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.42 earnings per share. On average, equities analysts expect that WNS will post $1.86 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Zacks Investment Research upgraded shares of WNS (Holdings) from a “sell” rating to a “hold” rating in a research report on Friday, September 9th. Robert W. Baird raised their price objective on shares of WNS (Holdings) from $35.00 to $37.00 and gave the company an “outperform” rating in a research report on Thursday, September 15th. SunTrust Banks Inc. upgraded shares of WNS (Holdings) from a “neutral” rating to a “buy” rating and raised their price objective for the company from $31.00 to $36.00 in a research report on Tuesday, August 9th. Citigroup Inc. restated a “buy” rating on shares of WNS (Holdings) in a research report on Saturday, July 9th. Finally, Cowen and Company started coverage on shares of WNS (Holdings) in a report on Wednesday, July 20th. They issued a “market perform” rating on the stock. One investment analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $36.00.

About WNS (Holdings)

WNS (Holdings) Limited (WNS) is engaged in providing business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company operates through two business segments: WNS Global BPM and WNS Auto Claims BPM. The WNS Global BPM segment is delivered out of the Company’s delivery centers in China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Sri Lanka, the United Kingdom and the United States.

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