Macquarie Group Ltd. Decreases Stake in WNS (Holdings) Ltd. (WNS)
Macquarie Group Ltd. decreased its stake in WNS (Holdings) Ltd. (NYSE:WNS) by 12.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 631,717 shares of the company’s stock after selling 88,999 shares during the period. Macquarie Group Ltd. owned approximately 1.24% of WNS (Holdings) worth $17,056,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the company. GSA Capital Partners LLP raised its stake in WNS (Holdings) by 94.7% in the second quarter. GSA Capital Partners LLP now owns 18,300 shares of the company’s stock valued at $494,000 after buying an additional 8,900 shares during the period. Emerald Acquisition Ltd. purchased a new position in WNS (Holdings) during the second quarter valued at approximately $6,550,000. Huntington National Bank purchased a new position in WNS (Holdings) during the second quarter valued at approximately $135,000. Rice Hall James & Associates LLC boosted its position in WNS (Holdings) by 0.7% in the second quarter. Rice Hall James & Associates LLC now owns 501,701 shares of the company’s stock valued at $13,546,000 after buying an additional 3,310 shares during the period. Finally, RS Investment Management Co. LLC purchased a new position in WNS (Holdings) during the second quarter valued at approximately $27,794,000. Hedge funds and other institutional investors own 93.48% of the company’s stock.
Shares of WNS (NYSE:WNS) traded down 1.42% during mid-day trading on Monday, reaching $25.65. 159,942 shares of the company were exchanged. The stock has a market capitalization of $1.31 billion, a P/E ratio of 24.18 and a beta of 1.06. The firm has a 50-day moving average price of $27.04 and a 200 day moving average price of $28.62. WNS has a 12 month low of $25.01 and a 12 month high of $32.82.
WNS (Holdings) (NYSE:WNS) last released its quarterly earnings data on Wednesday, October 26th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by $0.04. The business had revenue of $143.70 million for the quarter, compared to the consensus estimate of $138.06 million. WNS (Holdings) had a return on equity of 20.23% and a net margin of 9.64%. WNS (Holdings)’s revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.51 earnings per share. Equities research analysts anticipate that WNS will post $1.67 EPS for the current fiscal year.
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Several research firms have commented on WNS. Cantor Fitzgerald set a $30.00 target price on shares of WNS (Holdings) and gave the stock a “buy” rating in a research report on Thursday, October 20th. Zacks Investment Research upgraded shares of WNS (Holdings) from a “sell” rating to a “buy” rating and set a $33.00 target price for the company in a research report on Thursday, September 15th. SunTrust Banks Inc. upgraded shares of WNS (Holdings) from a “neutral” rating to a “buy” rating and upped their target price for the stock from $31.00 to $36.00 in a research report on Tuesday, August 9th. Finally, Robert W. Baird upped their target price on shares of WNS (Holdings) from $35.00 to $37.00 and gave the stock an “outperform” rating in a research report on Thursday, September 15th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $34.43.
WNS (Holdings) Company Profile
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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