Barclays PLC Boosts Stake in WNS (Holdings) Limited (NYSE:WNS)

Barclays PLC grew its stake in WNS (Holdings) Limited (NYSE:WNS) by 329.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,007 shares of the business services provider’s stock after acquiring an additional 52,179 shares during the quarter. Barclays PLC owned about 0.14% of WNS worth $3,584,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in WNS. EverSource Wealth Advisors LLC boosted its position in shares of WNS by 228.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock worth $27,000 after purchasing an additional 364 shares in the last quarter. Financial Management Professionals Inc. acquired a new stake in WNS in the third quarter worth about $46,000. Amalgamated Bank purchased a new stake in shares of WNS during the second quarter worth about $84,000. GAMMA Investing LLC increased its holdings in shares of WNS by 237.2% during the third quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider’s stock valued at $113,000 after acquiring an additional 1,506 shares in the last quarter. Finally, Blue Trust Inc. grew its position in WNS by 1,151.2% during the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock worth $140,000 after purchasing an additional 2,452 shares during the last quarter. 97.36% of the stock is owned by institutional investors.

WNS Stock Up 1.0 %

Shares of WNS opened at $45.98 on Monday. The stock’s 50-day moving average price is $49.81 and its 200-day moving average price is $53.18. 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 company has a market capitalization of $2.20 billion, a price-to-earnings ratio of 17.68, a PEG ratio of 1.93 and a beta of 1.14. WNS has a 52 week low of $39.85 and a 52 week high of $72.57.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, October 17th. The business services provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.21. The business had revenue of $310.70 million for the quarter, compared to analysts’ expectations of $313.66 million. WNS had a net margin of 9.39% and a return on equity of 22.76%. On average, sell-side analysts predict that WNS will post 3.52 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Barrington Research reaffirmed an “outperform” rating and issued a $70.00 price target on shares of WNS in a report on Friday, October 18th. JPMorgan Chase & Co. raised their target price on WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a research note on Friday, September 6th. Deutsche Bank Aktiengesellschaft dropped their price target on WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a research note on Thursday, October 3rd. Needham & Company LLC reduced their price objective on WNS from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, October 18th. Finally, TD Cowen lowered WNS from a “buy” rating to a “hold” rating and dropped their target price for the company from $64.00 to $53.00 in a research report on Thursday, October 17th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, WNS currently has an average 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.