Arrowstreet Capital Limited Partnership Purchases New Stake in WNS (Holdings) Limited (NYSE:WNS)

Arrowstreet Capital Limited Partnership acquired a new position in shares of WNS (Holdings) Limited (NYSE:WNS) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 77,308 shares of the business services provider’s stock, valued at approximately $3,664,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. boosted its position in shares of WNS by 65.0% during the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock worth $208,000 after acquiring an additional 1,732 shares in the last quarter. Pictet Asset Management Holding SA acquired a new stake in shares of WNS in the 4th quarter valued at $213,000. Mount Yale Investment Advisors LLC raised its holdings 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 worth $249,000 after buying an additional 805 shares in the last quarter. DGS Capital Management LLC acquired a new position in shares of WNS during the 3rd quarter worth $291,000. Finally, Central Pacific Bank Trust Division lifted its position in shares of WNS by 29.5% during the 4th quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider’s stock worth $329,000 after buying an additional 1,580 shares during the last quarter. 97.36% of the stock is currently owned by institutional investors and hedge funds.

WNS Stock Down 2.0 %

Shares of NYSE:WNS opened at $59.22 on Wednesday. The firm has a market cap of $2.74 billion, a P/E ratio of 20.71, a P/E/G ratio of 2.10 and a beta of 0.96. WNS has a 12-month low of $39.85 and a 12-month high of $70.31. The business has a fifty day simple moving average of $60.23 and a 200 day simple moving average of $53.40. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. Analysts predict that WNS will post 3.8 earnings per share for the current year.

Wall Street Analyst Weigh In

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

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.