Charles Schwab Investment Management Inc. Sells 5,226 Shares of WNS (Holdings) Limited (NYSE:WNS)

Charles Schwab Investment Management Inc. cut its holdings in shares of WNS (Holdings) Limited (NYSE:WNS) by 4.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 103,354 shares of the business services provider’s stock after selling 5,226 shares during the period. Charles Schwab Investment Management Inc.’s holdings in WNS were worth $4,898,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Mount Yale Investment Advisors LLC raised its holdings in shares of WNS by 18.1% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock worth $249,000 after buying an additional 805 shares in the last quarter. Central Pacific Bank Trust Division raised its stake in WNS by 29.5% during the fourth quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider’s stock worth $329,000 after acquiring an additional 1,580 shares in the last quarter. BKM Wealth Management LLC lifted its holdings in shares of WNS by 15.6% in the fourth quarter. BKM Wealth Management LLC now owns 12,687 shares of the business services provider’s stock worth $601,000 after acquiring an additional 1,715 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of WNS by 65.0% in the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock valued at $208,000 after purchasing an additional 1,732 shares in the last quarter. Finally, JB Capital LLC grew its holdings in shares of WNS by 10.5% during the 4th quarter. JB Capital LLC now owns 31,820 shares of the business services provider’s stock valued at $1,508,000 after purchasing an additional 3,024 shares during the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

Wall Street Analysts Forecast Growth

WNS has been the subject of several research reports. StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Jefferies Financial Group lowered their price target on shares of WNS from $60.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, January 21st. Robert W. Baird raised their price objective on WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Finally, Needham & Company LLC upped their target price on WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, March 11th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, WNS presently has an average rating of “Moderate Buy” and a consensus price target of $61.63.

WNS Stock Up 3.0 %

Shares of NYSE:WNS opened at $64.80 on Wednesday. The firm has a market cap of $3.00 billion, a P/E ratio of 22.66, a P/E/G ratio of 2.10 and a beta of 1.22. WNS has a 12-month low of $39.85 and a 12-month high of $65.03. The business has a fifty day simple moving average of $58.30 and a 200 day simple moving average of $52.86. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. Analysts predict that WNS will post 3.8 earnings per share for the current year.

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.