Renaissance Technologies LLC Has $47.67 Million Holdings in WNS (Holdings) Limited (WNS)
Renaissance Technologies LLC decreased its stake in WNS (Holdings) Limited (NYSE:WNS) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,387,400 shares of the business services provider’s stock after selling 20,823 shares during the quarter. Renaissance Technologies LLC owned 2.74% of WNS (Holdings) Limited worth $47,671,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in the business. Financial Counselors Inc. bought a new position in shares of WNS (Holdings) Limited during the second quarter worth $236,000. Bailard Inc. acquired a new position in shares of WNS (Holdings) Limited in the 1st quarter valued at $205,000. LaSalle Street Capital Management LLC acquired a new position in shares of WNS (Holdings) Limited in the 2nd quarter valued at $246,000. PNC Financial Services Group Inc. grew its holdings in shares of WNS (Holdings) Limited by 28.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,860 shares of the business services provider’s stock valued at $224,000 after buying an additional 1,720 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of WNS (Holdings) Limited in the 1st quarter valued at $292,000. 86.22% of the stock is currently owned by hedge funds and other institutional investors.
Shares of WNS (NYSE WNS) opened at 36.50 on Monday. The company has a market capitalization of $1.85 billion, a PE ratio of 45.68 and a beta of 0.98. The company has a 50-day moving average of $35.30 and a 200 day moving average of $32.57. WNS has a 52-week low of $24.82 and a 52-week high of $37.42.
WNS (Holdings) Limited (NYSE:WNS) last issued its quarterly earnings results on Thursday, July 20th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.45. WNS (Holdings) Limited had a return on equity of 18.73% and a net margin of 6.66%. The firm had revenue of $175.30 million for the quarter, compared to analyst estimates of $162.73 million. During the same period in the previous year, the firm earned $0.45 earnings per share. The company’s revenue was up 18.4% compared to the same quarter last year. Analysts predict that WNS will post $1.99 earnings per share for the current year.
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Several analysts recently commented on WNS shares. BidaskClub downgraded WNS (Holdings) Limited from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Zacks Investment Research lowered WNS (Holdings) Limited from a “buy” rating to a “hold” rating in a report on Saturday, June 10th. Barrington Research boosted their target price on WNS (Holdings) Limited from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, July 21st. Robert W. Baird reissued a “buy” rating on shares of WNS (Holdings) Limited in a research note on Friday, August 25th. Finally, Wedbush began coverage on WNS (Holdings) Limited in a report on Thursday, August 3rd. They issued an “outperform” rating and a $42.00 price target for the company. One equities research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $38.67.
WNS (Holdings) Limited 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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