BNP Paribas Financial Markets Decreases Stock Holdings in WNS (Holdings) Limited (NYSE:WNS)

BNP Paribas Financial Markets lowered its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 93.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 6,550 shares of the business services provider’s stock after selling 101,705 shares during the quarter. BNP Paribas Financial Markets’ holdings in WNS were worth $310,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Johnson Financial Group Inc. purchased a new stake in shares of WNS during the 4th quarter valued at approximately $53,000. Blue Trust Inc. raised its position in shares of WNS by 65.0% during the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock valued at $208,000 after buying an additional 1,732 shares during the period. Pictet Asset Management Holding SA purchased a new stake in shares of WNS during the 4th quarter valued at approximately $213,000. Mount Yale Investment Advisors LLC increased its holdings in WNS by 18.1% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock valued at $249,000 after purchasing an additional 805 shares during the last quarter. Finally, Dark Forest Capital Management LP acquired a new stake in WNS in the 4th quarter valued at approximately $254,000. Hedge funds and other institutional investors own 97.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on WNS shares. Barrington Research reiterated an “outperform” rating and issued a $75.00 target price on shares of WNS in a report on Friday, April 25th. Needham & Company LLC lifted their target price on shares of WNS from $65.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, March 11th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, WNS has a consensus rating of “Moderate Buy” and an average target price of $62.25.

WNS Stock Down 1.1%

WNS stock opened at $57.18 on Wednesday. WNS has a fifty-two week low of $42.62 and a fifty-two week high of $72.11. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81. The firm has a 50 day moving average price of $61.04 and a 200 day moving average price of $56.12. The company has a market capitalization of $2.65 billion, a PE ratio of 19.99, a price-to-earnings-growth ratio of 2.10 and a beta of 0.94.

WNS (NYSE:WNS) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.45 EPS for the quarter, topping the consensus estimate of $1.41 by $0.04. The business had revenue of $336.30 million during the quarter, compared to the consensus estimate of $323.62 million. WNS had a net margin of 10.03% and a return on equity of 22.25%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.12 earnings per share. Research analysts expect that WNS will post 3.8 earnings per share 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.