WNS (Holdings) Limited $WNS Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC lessened its holdings in WNS (Holdings) Limited (NYSE:WNS) by 27.5% in the second quarter, HoldingsChannel.com reports. The firm owned 803,915 shares of the business services provider’s stock after selling 305,126 shares during the period. William Blair Investment Management LLC’s holdings in WNS were worth $50,840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of WNS. Pzena Investment Management LLC acquired a new position in shares of WNS during the second quarter valued at $105,134,000. Westfield Capital Management Co. LP acquired a new position in shares of WNS during the first quarter valued at $51,712,000. Nuveen LLC acquired a new position in shares of WNS during the first quarter valued at $37,321,000. Voya Investment Management LLC boosted its holdings in shares of WNS by 4,316.0% during the first quarter. Voya Investment Management LLC now owns 568,206 shares of the business services provider’s stock valued at $34,939,000 after acquiring an additional 555,339 shares during the period. Finally, MetLife Investment Management LLC boosted its holdings in shares of WNS by 1,160.1% during the first quarter. MetLife Investment Management LLC now owns 322,258 shares of the business services provider’s stock valued at $19,816,000 after acquiring an additional 296,683 shares during the period. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Price Performance

Shares of WNS stock opened at $75.98 on Friday. The company’s 50-day moving average price is $75.78 and its two-hundred day moving average price is $68.13. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.18. The stock has a market cap of $3.26 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 2.25 and a beta of 0.91. WNS has a 52 week low of $42.62 and a 52 week high of $76.48.

WNS (NYSE:WNS) last posted its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.05. The firm had revenue of $339.90 million for the quarter, compared to the consensus estimate of $323.13 million. WNS had a return on equity of 22.90% and a net margin of 12.11%.The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.93 EPS. As a group, sell-side analysts anticipate that WNS will post 3.8 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on WNS shares. Jefferies Financial Group reissued a “hold” rating and set a $76.50 price target (down previously from $80.00) on shares of WNS in a report on Tuesday, July 8th. Weiss Ratings reissued a “hold (c)” rating on shares of WNS in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of WNS in a research note on Thursday, July 17th. They set a “hold” rating and a $76.50 price objective on the stock. Barrington Research cut shares of WNS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 8th. Finally, William Blair cut shares of WNS from a “strong-buy” rating to a “market perform” rating in a research note on Monday, July 7th. One equities research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, WNS presently has an average rating of “Hold” and a consensus price target of $72.80.

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.