DF Dent & Co. Inc. lifted its holdings in shares of WNS (Holdings) Limited (NYSE:WNS – Free Report) by 30.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,208,639 shares of the business services provider’s stock after purchasing an additional 280,175 shares during the period. WNS comprises approximately 1.6% of DF Dent & Co. Inc.’s holdings, making the stock its 28th biggest holding. DF Dent & Co. Inc. owned 2.51% of WNS worth $112,609,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the business. Macquarie Group Ltd. increased its stake in shares of WNS by 1.5% during the 2nd quarter. Macquarie Group Ltd. now owns 2,662,818 shares of the business services provider’s stock worth $198,753,000 after purchasing an additional 38,496 shares in the last quarter. Acadian Asset Management LLC grew its stake in WNS by 0.8% in the 1st quarter. Acadian Asset Management LLC now owns 1,525,248 shares of the business services provider’s stock worth $142,076,000 after acquiring an additional 11,684 shares during the period. TimesSquare Capital Management LLC grew its stake in WNS by 5.4% in the 4th quarter. TimesSquare Capital Management LLC now owns 951,640 shares of the business services provider’s stock worth $76,122,000 after acquiring an additional 48,430 shares during the period. Ensign Peak Advisors Inc grew its stake in WNS by 6.0% in the 1st quarter. Ensign Peak Advisors Inc now owns 927,213 shares of the business services provider’s stock worth $86,388,000 after acquiring an additional 52,290 shares during the period. Finally, Schroder Investment Management Group grew its stake in WNS by 4.9% in the 4th quarter. Schroder Investment Management Group now owns 915,084 shares of the business services provider’s stock worth $73,198,000 after acquiring an additional 43,046 shares during the period. 99.49% of the stock is owned by hedge funds and other institutional investors.
WNS Stock Down 0.7 %
Shares of NYSE:WNS traded down $0.44 during midday trading on Monday, hitting $65.58. 91,958 shares of the company’s stock traded hands, compared to its average volume of 249,767. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.40 and a current ratio of 1.40. The company has a market cap of $3.11 billion, a PE ratio of 24.63, a P/E/G ratio of 1.47 and a beta of 1.15. The firm’s fifty day moving average price is $67.79 and its two-hundred day moving average price is $77.55. WNS has a twelve month low of $60.79 and a twelve month high of $94.96.
Analyst Upgrades and Downgrades
WNS has been the subject of several recent analyst reports. Robert W. Baird raised shares of WNS from a “neutral” rating to an “outperform” rating and set a $86.00 target price for the company in a research note on Friday, July 21st. Needham & Company LLC reiterated a “buy” rating and issued a $115.00 price target on shares of WNS in a report on Friday, July 21st. Citigroup decreased their price target on shares of WNS from $104.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, July 21st. StockNews.com started coverage on shares of WNS in a report on Thursday, August 17th. They issued a “hold” rating on the stock. Finally, JPMorgan Chase & Co. decreased their price target on shares of WNS from $104.00 to $87.00 and set an “overweight” rating on the stock in a report on Friday, July 21st. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $100.00.
Check Out Our Latest Research Report on WNS
WNS Profile
WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; Hi-tech and professional services; and banking and financial services.
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