WNS (Holdings) Limited (NYSE:WNS) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 74.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,491 shares of the business services provider’s stock after selling 45,077 shares during the quarter. SG Americas Securities LLC’s holdings in WNS were worth $817,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Diamond Hill Capital Management Inc. boosted 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 valued at $93,322,000 after acquiring an additional 188,616 shares during the period. Acadian Asset Management LLC raised its stake in shares of WNS by 0.7% during the first quarter. Acadian Asset Management LLC now owns 1,768,209 shares of the business services provider’s stock valued at $89,317,000 after purchasing an additional 11,933 shares in the last quarter. Westfield Capital Management Co. LP raised its stake in shares of WNS by 12.2% during the first 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. Wellington Management Group LLP raised its stake in shares of WNS by 4.0% during the fourth quarter. Wellington Management Group LLP now owns 747,724 shares of the business services provider’s stock valued at $47,256,000 after purchasing an additional 28,833 shares in the last quarter. Finally, Congress Asset Management Co. MA raised its stake in shares of WNS by 19.5% during the first quarter. Congress Asset Management Co. MA now owns 616,324 shares of the business services provider’s stock valued at $31,143,000 after purchasing an additional 100,563 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Price Performance

NYSE WNS opened at $47.64 on Friday. The stock’s 50-day moving average price is $55.50 and its two-hundred day moving average price is $52.83. 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 $2.28 billion and a PE ratio of 16.77. WNS has a 1 year low of $39.85 and a 1 year high of $72.57.

WNS (NYSE:WNS) last posted its quarterly earnings data on Thursday, July 18th. The business services provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. The firm had revenue of $312.40 million for the quarter, compared to the consensus estimate of $310.49 million. WNS had a return on equity of 22.05% and a net margin of 10.52%. The business’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.76 EPS. On average, analysts predict that WNS will post 3.71 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on WNS shares. Needham & Company LLC lifted their price objective on shares of WNS from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, July 19th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a research note on Thursday, October 3rd. Barrington Research reiterated an “outperform” rating and issued a $70.00 price target on shares of WNS in a research report on Thursday, August 22nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a research report on Friday, September 6th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, WNS has a consensus rating of “Moderate Buy” and a consensus target price of $65.00.

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.