LaSalle Street Capital Management LLC increased its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 190.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,786 shares of the business services provider’s stock after purchasing an additional 13,622 shares during the quarter. LaSalle Street Capital Management LLC’s holdings in WNS were worth $759,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Morgan Stanley grew its position in shares of WNS by 764.9% during the 1st quarter. Morgan Stanley now owns 148,512 shares of the business services provider’s stock worth $4,249,000 after buying an additional 131,341 shares during the period. Bank of America Corp DE boosted its stake in WNS by 22.2% during the 1st quarter. Bank of America Corp DE now owns 263,302 shares of the business services provider’s stock worth $7,533,000 after acquiring an additional 47,776 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in WNS during the 1st quarter worth approximately $474,000. Aperio Group LLC boosted its stake in WNS by 15.5% during the 2nd quarter. Aperio Group LLC now owns 44,058 shares of the business services provider’s stock worth $1,514,000 after acquiring an additional 5,907 shares during the last quarter. Finally, US Bancorp DE boosted its stake in WNS by 6.2% during the 2nd quarter. US Bancorp DE now owns 197,302 shares of the business services provider’s stock worth $6,780,000 after acquiring an additional 11,590 shares during the last quarter. Institutional investors and hedge funds own 86.03% of the company’s stock.
Several research analysts recently weighed in on WNS shares. Cowen reissued a “buy” rating and set a $43.00 price objective on shares of WNS in a research note on Sunday, October 29th. Maxim Group reissued a “buy” rating and set a $42.00 price objective on shares of WNS in a research note on Friday, October 27th. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $38.00 price target on shares of WNS in a research note on Friday, October 27th. Citigroup lifted their price target on shares of WNS from $40.00 to $43.00 and gave the company a “buy” rating in a research note on Friday, October 13th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of WNS in a research note on Wednesday, October 11th. Thirteen investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. WNS presently has an average rating of “Buy” and an average price target of $42.83.
WNS (WNS) traded down $0.36 during trading hours on Monday, hitting $40.79. 193,286 shares of the company’s stock traded hands, compared to its average volume of 198,464. WNS has a 12-month low of $25.44 and a 12-month high of $42.36. The firm has a market capitalization of $2,050.00, a P/E ratio of 26.21, a P/E/G ratio of 1.80 and a beta of 1.02. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.37 and a current ratio of 2.37.
WNS (NYSE:WNS) last announced its earnings results on Friday, October 27th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.04. The company had revenue of $182.30 million during the quarter, compared to analysts’ expectations of $175.36 million. WNS had a net margin of 7.24% and a return on equity of 19.23%. WNS’s quarterly revenue was up 26.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.42 earnings per share. equities research analysts expect that WNS will post 1.59 earnings per share for the current year.
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WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.
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