Employees Retirement System of Texas Has $661,000 Position in WNS (Holdings) Limited (NYSE:WNS)

Employees Retirement System of Texas grew its position in WNS (Holdings) Limited (NYSE:WNS) by 33.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,596 shares of the business services provider’s stock after purchasing an additional 3,172 shares during the period. Employees Retirement System of Texas’ holdings in WNS were worth $661,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Diamond Hill Capital Management Inc. boosted its position in WNS by 11.9% in the second quarter. Diamond Hill Capital Management Inc. now owns 1,777,557 shares of the business services provider’s stock valued at $93,322,000 after buying an additional 188,616 shares in the last quarter. Acadian Asset Management LLC grew its position in WNS by 0.7% during the 1st quarter. Acadian Asset Management LLC now owns 1,768,209 shares of the business services provider’s stock worth $89,317,000 after acquiring an additional 11,933 shares during the last quarter. Westfield Capital Management Co. LP increased its holdings in WNS by 12.2% during the 1st quarter. Westfield Capital Management Co. LP now owns 1,170,420 shares of the business services provider’s stock valued at $59,141,000 after purchasing an additional 127,605 shares in the last quarter. Schroder Investment Management Group raised its position in WNS by 4.1% in the 4th quarter. Schroder Investment Management Group now owns 868,354 shares of the business services provider’s stock valued at $54,880,000 after purchasing an additional 33,849 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in WNS by 4.0% in the fourth quarter. Wellington Management Group LLP now owns 747,724 shares of the business services provider’s stock worth $47,256,000 after purchasing an additional 28,833 shares in the last quarter. Institutional investors own 97.36% of the company’s stock.

WNS Stock Performance

WNS stock opened at $52.18 on Friday. WNS has a 1 year low of $39.85 and a 1 year high of $74.54. The company’s 50-day moving average is $57.33 and its two-hundred day moving average is $53.15. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.23. The company has a market cap of $2.49 billion and a PE ratio of 18.43.

WNS (NYSE:WNS) last released its earnings results on Thursday, July 18th. The business services provider reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The firm had revenue of $312.40 million during the quarter, compared to analyst estimates of $310.49 million. WNS had a net margin of 10.52% and a return on equity of 22.05%. The business’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.76 EPS. Equities analysts anticipate that WNS will post 3.72 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Needham & Company LLC lifted their price target on WNS from $60.00 to $70.00 and gave the company a “buy” rating in a report on Friday, July 19th. Barrington Research reaffirmed an “outperform” rating and issued a $70.00 target price on shares of WNS in a research note on Thursday, August 22nd. Finally, JPMorgan Chase & Co. increased their price target on shares of WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, September 6th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $63.83.

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 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.