WNS (Holdings) Limited (NYSE:WNS) Holdings Trimmed by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP lowered its holdings in WNS (Holdings) Limited (NYSE:WNS) by 73.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 279,379 shares of the business services provider’s stock after selling 773,347 shares during the period. Westfield Capital Management Co. LP owned approximately 0.58% of WNS worth $14,726,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mount Yale Investment Advisors LLC acquired a new stake in WNS during the 1st quarter worth about $373,000. Silvercrest Asset Management Group LLC boosted its holdings in shares of WNS by 2.2% during the first quarter. Silvercrest Asset Management Group LLC now owns 318,169 shares of the business services provider’s stock worth $16,077,000 after purchasing an additional 6,722 shares during the period. Virtu Financial LLC grew its position in WNS by 10.1% during the first quarter. Virtu Financial LLC now owns 4,094 shares of the business services provider’s stock valued at $207,000 after purchasing an additional 375 shares in the last quarter. Aurora Investment Counsel increased its stake in WNS by 2.7% in the 1st quarter. Aurora Investment Counsel now owns 29,290 shares of the business services provider’s stock valued at $1,480,000 after buying an additional 775 shares during the period. Finally, GAMMA Investing LLC lifted its position in WNS by 64.1% in the 2nd quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock worth $33,000 after buying an additional 248 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on WNS shares. Needham & Company LLC lowered their price target on shares of WNS from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, October 18th. Barrington Research restated an “outperform” rating and issued a $70.00 target price on shares of WNS in a research note on Friday, October 18th. Deutsche Bank Aktiengesellschaft cut their price target on WNS from $55.00 to $51.00 and set a “hold” rating for the company in a research note on Thursday, October 3rd. JPMorgan Chase & Co. increased their price objective on WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, September 6th. Finally, Citigroup set a $55.00 price objective on shares of WNS in a research report on Thursday, October 17th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $60.33.

WNS Stock Performance

Shares of NYSE WNS opened at $52.07 on Monday. The business’s 50-day simple moving average is $50.50 and its 200-day simple moving average is $53.29. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62. WNS has a 52 week low of $39.85 and a 52 week high of $72.57. The firm has a market cap of $2.49 billion and a price-to-earnings ratio of 20.03.

WNS (NYSE:WNS) last announced its earnings results on Thursday, October 17th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.21. WNS had a return on equity of 22.76% and a net margin of 9.39%. The firm had revenue of $310.70 million during the quarter, compared to analysts’ expectations of $313.66 million. As a group, equities research analysts expect that WNS will post 3.52 earnings per share 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.