Azzad Asset Management Inc. ADV Acquires 245 Shares of WNS (Holdings) Limited (NYSE:WNS)

Azzad Asset Management Inc. ADV boosted its holdings in shares of WNS (Holdings) Limited (NYSE:WNS) by 2.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,540 shares of the business services provider’s stock after buying an additional 245 shares during the quarter. Azzad Asset Management Inc. ADV’s holdings in WNS were worth $583,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of WNS by 36.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,034,729 shares of the business services provider’s stock valued at $139,298,000 after purchasing an additional 544,328 shares in the last quarter. Artisan Partners Limited Partnership increased its holdings in shares of WNS by 13.9% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,920,291 shares of the business services provider’s stock valued at $121,362,000 after purchasing an additional 234,139 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of WNS by 4.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,551,716 shares of the business services provider’s stock valued at $98,068,000 after purchasing an additional 71,004 shares in the last quarter. Westfield Capital Management Co. LP increased its holdings in shares of WNS by 40.6% during the 4th quarter. Westfield Capital Management Co. LP now owns 1,042,815 shares of the business services provider’s stock valued at $65,906,000 after purchasing an additional 301,022 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of WNS by 14.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 994,218 shares of the business services provider’s stock valued at $68,064,000 after purchasing an additional 122,576 shares in the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

WNS Trading Up 2.1 %

WNS traded up $1.14 on Wednesday, hitting $54.33. The company had a trading volume of 38,821 shares, compared to its average volume of 482,856. The firm has a market cap of $2.60 billion and a P/E ratio of 18.80. WNS has a 1 year low of $39.85 and a 1 year high of $75.12. The company’s fifty day moving average price is $49.92 and its 200 day moving average price is $55.50. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.13.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.11. The firm had revenue of $325.90 million for the quarter, compared to analyst estimates of $322.92 million. WNS had a net margin of 10.59% and a return on equity of 22.23%. As a group, equities analysts expect that WNS will post 3.62 earnings per share for the current year.

Analysts Set New Price Targets

WNS has been the topic of a number of research analyst reports. Citigroup dropped their price target on shares of WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a research note on Monday, April 22nd. Deutsche Bank Aktiengesellschaft cut shares of WNS from a “buy” rating to a “hold” rating and dropped their price target for the company from $64.00 to $44.00 in a research note on Friday, April 26th. Needham & Company LLC dropped their price target on shares of WNS from $80.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday, April 25th. Barrington Research reissued an “outperform” rating and issued a $60.00 price target on shares of WNS in a research note on Tuesday, May 28th. Finally, TD Cowen dropped their price target on shares of WNS from $70.00 to $64.00 and set a “buy” rating on the stock in a research note on Friday, April 26th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, WNS currently has an average rating of “Moderate Buy” and a consensus target price of $71.11.

About WNS

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.