WNS (Holdings) Limited (NYSE:WNS) Stake Lessened by Alliancebernstein L.P.

Alliancebernstein L.P. trimmed its stake in shares of WNS (Holdings) Limited (NYSE:WNS) by 0.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,364,167 shares of the business services provider’s stock after selling 1,902 shares during the quarter. Alliancebernstein L.P. owned approximately 2.85% of WNS worth $64,648,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of WNS. Blue Trust Inc. increased its holdings in WNS by 65.0% in the fourth quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock valued at $208,000 after buying an additional 1,732 shares during the last quarter. Pictet Asset Management Holding SA bought a new stake in shares of WNS in the 4th quarter valued at approximately $213,000. Mount Yale Investment Advisors LLC raised its position 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 valued at $249,000 after acquiring an additional 805 shares in the last quarter. DGS Capital Management LLC bought a new position in WNS during the third quarter worth $291,000. Finally, Central Pacific Bank Trust Division boosted its holdings in WNS by 29.5% in the fourth quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider’s stock worth $329,000 after purchasing an additional 1,580 shares during the period. Institutional investors own 97.36% of the company’s stock.

WNS Stock Down 3.3 %

WNS stock opened at $62.42 on Friday. The company’s 50-day moving average price is $60.41 and its two-hundred day moving average price is $53.32. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 2.10 and a beta of 1.22. WNS has a 52 week low of $39.85 and a 52 week high of $70.31. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS) last announced its earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. On average, analysts expect that WNS will post 3.8 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Barrington Research raised their price target on shares of WNS from $63.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 26th. Robert W. Baird lifted their target price on WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Needham & Company LLC boosted their price objective on WNS from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday, March 11th. Finally, Jefferies Financial Group dropped their target price on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $62.25.

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.