United Capital Financial Advisers LLC boosted its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 3.0% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 78,191 shares of the business services provider’s stock after buying an additional 2,283 shares during the period. United Capital Financial Advisers LLC’s holdings in WNS (Holdings) Limited were worth $2,237,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Advisors Preferred LLC bought a new stake in shares of WNS (Holdings) Limited during the first quarter worth about $140,000. Bailard Inc. bought a new stake in shares of WNS (Holdings) Limited during the first quarter worth about $205,000. PNC Financial Services Group Inc. boosted its stake in shares of WNS (Holdings) Limited by 28.0% in the first quarter. PNC Financial Services Group Inc. now owns 7,860 shares of the business services provider’s stock worth $224,000 after buying an additional 1,720 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of WNS (Holdings) Limited during the first quarter worth about $292,000. Finally, Marshall Wace LLP bought a new stake in shares of WNS (Holdings) Limited during the fourth quarter worth about $307,000. 88.47% of the stock is currently owned by hedge funds and other institutional investors.
WNS (NYSE WNS) traded down 1.12% during trading on Friday, reaching $32.53. The company had a trading volume of 163,934 shares. The company has a market capitalization of $1.63 billion, a PE ratio of 45.82 and a beta of 0.87. WNS has a one year low of $24.82 and a one year high of $33.97. The firm’s 50 day moving average is $32.65 and its 200 day moving average is $29.20.
WNS (Holdings) Limited (NYSE:WNS) last posted its earnings results on Thursday, April 27th. The business services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.01. The company had revenue of $159.40 million for the quarter, compared to the consensus estimate of $143.21 million. WNS (Holdings) Limited had a return on equity of 19.10% and a net margin of 6.27%. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.44 earnings per share. On average, equities research analysts predict that WNS will post $1.98 earnings per share for the current year.
A number of analysts recently issued reports on the company. Zacks Investment Research raised WNS (Holdings) Limited from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a report on Thursday, March 23rd. Maxim Group reissued a “buy” rating and set a $36.00 price objective on shares of WNS (Holdings) Limited in a report on Thursday, March 16th. Finally, Cowen and Company raised WNS (Holdings) Limited from a “market perform” rating to an “outperform” rating and set a $38.00 price objective on the stock in a report on Wednesday. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. WNS (Holdings) Limited has an average rating of “Buy” and an average price target of $35.50.
WNS (Holdings) Limited Company Profile
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.
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