WNS (Holdings) Limited (NYSE:WNS) Stake Lessened by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC reduced its position in WNS (Holdings) Limited (NYSE:WNS) by 4.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 789,140 shares of the business services provider’s stock after selling 40,096 shares during the period. WNS makes up about 2.1% of Rice Hall James & Associates LLC’s investment portfolio, making the stock its 8th biggest position. Rice Hall James & Associates LLC owned approximately 1.65% of WNS worth $37,397,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of WNS. Financial Management Professionals Inc. purchased a new position in shares of WNS in the 3rd quarter worth $46,000. Blue Trust Inc. raised its holdings in WNS by 1,151.2% in the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock worth $140,000 after purchasing an additional 2,452 shares during the period. Signaturefd LLC raised its holdings in WNS by 150.0% in the 3rd quarter. Signaturefd LLC now owns 2,812 shares of the business services provider’s stock worth $148,000 after purchasing an additional 1,687 shares during the period. Mount Yale Investment Advisors LLC raised its holdings in WNS by 18.1% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock worth $249,000 after purchasing an additional 805 shares during the period. Finally, DGS Capital Management LLC bought a new position in WNS in the 3rd quarter worth $291,000. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Jefferies Financial Group decreased their target price on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Robert W. Baird raised their price target on WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Needham & Company LLC raised their price target on WNS from $60.00 to $65.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Finally, StockNews.com raised WNS from a “hold” rating to a “buy” rating in a report on Friday, January 24th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $61.00.

WNS Trading Down 0.7 %

Shares of WNS stock opened at $58.46 on Tuesday. WNS has a 12-month low of $39.85 and a 12-month high of $65.03. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23. The stock’s 50-day moving average price is $51.43 and its 200-day moving average price is $52.65. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 2.18 and a beta of 1.19.

WNS (NYSE:WNS) last released its quarterly 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 22.37% and a net margin of 10.03%. Equities research analysts predict that WNS will post 3.8 EPS for the current fiscal year.

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.