Royce & Associates LP Acquires 29,360 Shares of WNS (Holdings) Limited (NYSE:WNS)

Royce & Associates LP grew its holdings in shares of WNS (Holdings) Limited (NYSE:WNS) by 10.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 321,371 shares of the business services provider’s stock after acquiring an additional 29,360 shares during the period. Royce & Associates LP owned about 0.67% of WNS worth $15,230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of WNS. Entropy Technologies LP purchased a new position in WNS during the third quarter valued at $331,000. Thrivent Financial for Lutherans purchased a new position in shares of WNS during the 3rd quarter valued at about $61,726,000. Pathstone Holdings LLC grew its stake in shares of WNS by 20.9% during the 3rd quarter. Pathstone Holdings LLC now owns 37,234 shares of the business services provider’s stock valued at $1,963,000 after acquiring an additional 6,433 shares during the period. Aurora Investment Counsel raised its stake in WNS by 1.8% during the 3rd quarter. Aurora Investment Counsel now owns 35,137 shares of the business services provider’s stock worth $1,852,000 after acquiring an additional 618 shares during the period. Finally, Intech Investment Management LLC purchased a new position in WNS during the third quarter valued at approximately $471,000. Institutional investors own 97.36% of the company’s stock.

WNS Stock Up 4.5 %

NYSE WNS opened at $61.95 on Monday. The stock has a 50 day moving average price of $55.65 and a 200-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 market capitalization of $2.86 billion, a P/E ratio of 21.66, a P/E/G ratio of 2.10 and a beta of 1.22. 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 issued its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. As a group, equities analysts predict that WNS will post 3.8 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WNS. Needham & Company LLC increased their price objective on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, March 11th. Jefferies Financial Group decreased their price target on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Robert W. Baird increased their target price on WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, StockNews.com raised WNS from a “hold” rating to a “buy” rating in a report on Friday, January 24th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, WNS has a consensus rating of “Moderate Buy” and an average target price of $61.63.

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.