Inspire Advisors LLC Raises Stock Position in WNS (Holdings) Limited (NYSE:WNS)

Inspire Advisors LLC raised its stake in WNS (Holdings) Limited (NYSE:WNS) by 4.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 12,836 shares of the business services provider’s stock after buying an additional 493 shares during the quarter. Inspire Advisors LLC’s holdings in WNS were worth $608,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Aurora Investment Counsel increased its holdings in WNS by 1.8% in the third quarter. Aurora Investment Counsel now owns 35,137 shares of the business services provider’s stock valued at $1,852,000 after buying an additional 618 shares in the last quarter. Mount Yale Investment Advisors LLC increased its stake 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 purchasing an additional 805 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of WNS by 4.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 31,918 shares of the business services provider’s stock worth $1,682,000 after purchasing an additional 1,357 shares in the last quarter. Central Pacific Bank Trust Division increased its stake 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 purchasing an additional 1,580 shares in the last quarter. Finally, BKM Wealth Management LLC increased its stake in shares of WNS by 15.6% during the 4th quarter. BKM Wealth Management LLC now owns 12,687 shares of the business services provider’s stock worth $601,000 after purchasing an additional 1,715 shares in the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WNS. StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Robert W. Baird raised their price objective on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Jefferies Financial Group dropped their price objective 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. Finally, Needham & Company LLC lifted their target price on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $61.63.

WNS Stock Down 0.8 %

WNS stock opened at $59.25 on Wednesday. The stock has a market capitalization of $2.74 billion, a P/E ratio of 20.72, a PEG ratio of 2.10 and a beta of 1.22. The company has a 50 day moving average price of $54.89 and a two-hundred day moving average price of $52.57. WNS has a one year low of $39.85 and a one year high of $65.03. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81.

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

WNS Company 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.