Public Employees Retirement System of Ohio Invests $2.33 Million in WNS (Holdings) Limited (NYSE:WNS)

Public Employees Retirement System of Ohio bought a new stake in WNS (Holdings) Limited (NYSE:WNS) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 44,119 shares of the business services provider’s stock, valued at approximately $2,326,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of WNS. XTX Topco Ltd purchased a new position in shares of WNS in the 3rd quarter valued at about $398,000. Jane Street Group LLC increased its stake in WNS by 728.1% in the third quarter. Jane Street Group LLC now owns 52,974 shares of the business services provider’s stock valued at $2,792,000 after purchasing an additional 46,577 shares during the last quarter. State Street Corp raised its holdings in WNS by 40.5% during the third quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock worth $39,182,000 after purchasing an additional 214,417 shares in the last quarter. Centiva Capital LP purchased a new stake in shares of WNS during the 3rd quarter worth approximately $1,558,000. Finally, Verition Fund Management LLC acquired a new position in shares of WNS in the 3rd quarter valued at $392,000. 97.36% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WNS has been the subject of a number of research reports. Needham & Company LLC reduced their price target on shares of WNS from $70.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, October 18th. Deutsche Bank Aktiengesellschaft reduced their target price on WNS from $55.00 to $51.00 and set a “hold” rating for the company in a report on Thursday, October 3rd. JPMorgan Chase & Co. raised their price target on WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a research note on Friday, September 6th. Citigroup set a $55.00 price objective on WNS in a research note on Thursday, October 17th. Finally, Barrington Research restated an “outperform” rating and set a $70.00 target price on shares of WNS in a research report on Friday, October 18th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, WNS currently has a consensus rating of “Hold” and an average price target of $60.33.

WNS Stock Up 0.9 %

WNS opened at $47.85 on Wednesday. The business has a 50 day moving average price of $49.93 and a two-hundred day moving average price of $53.27. WNS has a 52 week low of $39.85 and a 52 week high of $72.57. The company has a market cap of $2.29 billion, a PE ratio of 18.40, a P/E/G ratio of 1.93 and a beta of 1.14. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23.

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