JPMorgan Chase & Co. Has $103.98 Million Stock Holdings in WNS (Holdings) Limited (NYSE:WNS)

JPMorgan Chase & Co. lowered its holdings in shares of WNS (Holdings) Limited (NYSE:WNS) by 9.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,972,713 shares of the business services provider’s stock after selling 195,763 shares during the period. JPMorgan Chase & Co.’s holdings in WNS were worth $103,982,000 as of its most recent filing with the SEC.

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

WNS Trading Up 1.0 %

NYSE:WNS opened at $47.39 on Thursday. WNS has a 52 week low of $39.85 and a 52 week high of $72.57. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62. The firm’s fifty day moving average is $49.75 and its 200-day moving average is $52.92. The firm has a market cap of $2.27 billion, a P/E ratio of 18.23, a P/E/G ratio of 1.93 and a beta of 1.14.

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

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Barrington Research reissued an “outperform” rating and set a $70.00 price objective on shares of WNS in a report on Friday, October 18th. Citigroup set a $55.00 price target on WNS in a report on Thursday, October 17th. JPMorgan Chase & Co. raised their price objective on shares of WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a report on Friday, September 6th. TD Cowen lowered shares of WNS from a “buy” rating to a “hold” rating and reduced their target price for the stock from $64.00 to $53.00 in a report on Thursday, October 17th. Finally, Needham & Company LLC cut their price target on shares of WNS from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, October 18th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company 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.