Marshall Wace LLP Buys New Shares in WNS (Holdings) Limited (NYSE:WNS)

Marshall Wace LLP bought a new stake in WNS (Holdings) Limited (NYSE:WNS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 28,021 shares of the business services provider’s stock, valued at approximately $1,328,000. Marshall Wace LLP owned approximately 0.06% of WNS at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Jump Financial LLC acquired a new stake in WNS in the fourth quarter valued at $831,000. Barclays PLC lifted its stake in WNS by 12.4% in the fourth quarter. Barclays PLC now owns 76,439 shares of the business services provider’s stock valued at $3,622,000 after acquiring an additional 8,432 shares during the last quarter. Synovus Financial Corp lifted its stake in WNS by 63.3% in the fourth quarter. Synovus Financial Corp now owns 11,454 shares of the business services provider’s stock valued at $543,000 after acquiring an additional 4,439 shares during the last quarter. Kennedy Capital Management LLC acquired a new stake in WNS in the fourth quarter valued at $2,813,000. Finally, Legal & General Group Plc lifted its stake in WNS by 496.5% in the fourth quarter. Legal & General Group Plc now owns 51,119 shares of the business services provider’s stock valued at $2,423,000 after acquiring an additional 42,549 shares during the last quarter. Institutional investors own 97.36% of the company’s stock.

Analyst Ratings Changes

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

WNS Trading Down 1.5 %

Shares of NYSE:WNS opened at $59.18 on Tuesday. The company has a market capitalization of $2.74 billion, a P/E ratio of 20.69, a P/E/G ratio of 2.10 and a beta of 0.96. WNS has a 1 year low of $40.02 and a 1 year high of $72.11. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. The business’s 50 day simple moving average is $61.79 and its 200 day simple moving average is $54.89.

WNS (NYSE:WNS) last issued its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.04. The business had revenue of $336.30 million for the quarter, compared to the consensus estimate of $323.62 million. WNS had a return on equity of 22.25% and a net margin of 10.03%. The firm’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.12 earnings per share. On average, research analysts anticipate that WNS will post 3.8 EPS for the current fiscal year.

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.