14,127 Shares in WNS (Holdings) Limited (NYSE:WNS) Acquired by Virtu Financial LLC

Virtu Financial LLC bought a new stake in shares of WNS (Holdings) Limited (NYSE:WNS) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 14,127 shares of the business services provider’s stock, valued at approximately $745,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. EverSource Wealth Advisors LLC lifted its position in WNS by 228.9% during the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 364 shares during the period. Financial Management Professionals Inc. purchased a new stake in WNS during the 3rd quarter valued at $46,000. Amalgamated Bank bought a new position in shares of WNS during the 2nd quarter valued at $84,000. GAMMA Investing LLC boosted its stake in shares of WNS by 237.2% in the 3rd quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider’s stock worth $113,000 after buying an additional 1,506 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of WNS by 1,151.2% in the third quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock worth $140,000 after acquiring an additional 2,452 shares during the period. Institutional investors own 97.36% of the company’s stock.

Wall Street Analyst Weigh In

WNS has been the topic of a number of recent research reports. Needham & Company LLC lowered their target price on WNS from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, October 18th. TD Cowen downgraded shares of WNS from a “buy” rating to a “hold” rating and dropped their target price for the stock from $64.00 to $53.00 in a report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft decreased their price target on WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a report on Thursday, October 3rd. JPMorgan Chase & Co. upped their price objective on WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a research note on Friday, September 6th. Finally, Barrington Research reissued an “outperform” rating and set a $70.00 target price on shares of WNS in a research note on Friday, October 18th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, WNS currently has an average rating of “Hold” and an average target price of $60.33.

WNS Trading Up 0.5 %

Shares of WNS stock opened at $48.60 on Friday. The stock’s 50-day moving average price is $49.97 and its 200-day moving average price is $53.29. WNS has a 12-month low of $39.85 and a 12-month high of $72.57. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 1.93 and a beta of 1.14. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, October 17th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.21. WNS had a return on equity of 22.76% and a net margin of 9.39%. The business had revenue of $310.70 million for the quarter, compared to analysts’ expectations of $313.66 million. Equities research analysts predict that WNS will post 3.52 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.