6,285 Shares in WNS (Holdings) Limited (NYSE:WNS) Purchased by Entropy Technologies LP

Entropy Technologies LP acquired a new position in WNS (Holdings) Limited (NYSE:WNS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 6,285 shares of the business services provider’s stock, valued at approximately $331,000.

A number of other hedge funds also recently bought and sold shares of the stock. Harbor Capital Advisors Inc. boosted its position in shares of WNS by 406.0% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 36,948 shares of the business services provider’s stock worth $1,940,000 after purchasing an additional 29,646 shares in the last quarter. Seven Eight Capital LP acquired a new stake in WNS during the 1st quarter valued at approximately $1,205,000. William Blair Investment Management LLC boosted its holdings in shares of WNS by 8.3% in the 2nd quarter. William Blair Investment Management LLC now owns 347,511 shares of the business services provider’s stock valued at $18,244,000 after acquiring an additional 26,648 shares during the last quarter. TimesSquare Capital Management LLC increased its stake in shares of WNS by 17.1% in the third quarter. TimesSquare Capital Management LLC now owns 377,825 shares of the business services provider’s stock worth $19,915,000 after acquiring an additional 55,306 shares during the period. Finally, Diamond Hill Capital Management Inc. raised its holdings in shares of WNS by 11.9% during the second quarter. Diamond Hill Capital Management Inc. now owns 1,777,557 shares of the business services provider’s stock worth $93,322,000 after purchasing an additional 188,616 shares during the last quarter. Hedge funds and other institutional investors own 97.36% of the company’s stock.

WNS Trading Down 0.4 %

Shares of WNS opened at $50.52 on Friday. WNS has a 52-week low of $39.85 and a 52-week high of $72.57. The stock has a market cap of $2.42 billion and a PE ratio of 19.43. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23. The firm’s fifty day moving average is $51.02 and its two-hundred day moving average is $53.03.

WNS (NYSE:WNS) last issued its earnings results on Thursday, October 17th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.21. WNS had a return on equity of 22.76% and a net margin of 9.39%. The business had revenue of $310.70 million for the quarter, compared to analysts’ expectations of $313.66 million. Research analysts forecast that WNS will post 3.52 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on WNS shares. Citigroup set a $55.00 price target on shares of WNS in a report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft dropped their target price on WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a report on Thursday, October 3rd. JPMorgan Chase & Co. boosted their price target on WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a report on Friday, September 6th. TD Cowen cut shares of WNS from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $64.00 to $53.00 in a research note on Thursday, October 17th. Finally, Barrington Research reiterated an “outperform” rating and issued a $70.00 target price on shares of WNS in a research note on Friday, October 18th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, WNS presently has a consensus rating of “Hold” and a consensus price target of $60.33.

WNS 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.