Victory Capital Management Inc. raised its holdings in shares of WNS (Holdings) Limited (NYSE:WNS) by 4.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 952,339 shares of the business services provider’s stock after purchasing an additional 43,760 shares during the period. Victory Capital Management Inc. owned 1.90% of WNS worth $49,693,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Financial Gravity Wealth Inc. purchased a new position in shares of WNS in the 1st quarter worth approximately $136,000. Citigroup Inc. grew its position in shares of WNS by 89.4% in the 1st quarter. Citigroup Inc. now owns 3,278 shares of the business services provider’s stock worth $149,000 after buying an additional 1,547 shares during the last quarter. Optimum Investment Advisors purchased a new position in shares of WNS in the 1st quarter worth approximately $154,000. Fiera Capital Corp purchased a new position in shares of WNS in the 1st quarter worth approximately $212,000. Finally, Confluence Investment Management LLC purchased a new position in shares of WNS in the 2nd quarter worth approximately $213,000. 87.30% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have recently issued reports on WNS shares. Barrington Research lifted their price objective on shares of WNS to $57.00 and gave the stock an “outperform” rating in a research report on Friday, April 27th. Zacks Investment Research downgraded shares of WNS from a “buy” rating to a “sell” rating in a research report on Friday, April 13th. Loop Capital boosted their target price on shares of WNS to $57.00 and gave the stock a “buy” rating in a research report on Friday, April 27th. Finally, Citigroup boosted their target price on shares of WNS from $56.00 to $57.00 and gave the stock a “buy” rating in a research report on Friday, July 20th. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $52.55.

NYSE:WNS opened at $50.65 on Friday. The company has a market cap of $2.55 billion, a price-to-earnings ratio of 25.37, a P/E/G ratio of 2.13 and a beta of 0.69. WNS has a twelve month low of $33.72 and a twelve month high of $54.38. The company has a current ratio of 1.91, a quick ratio of 2.39 and a debt-to-equity ratio of 0.13.

WNS (NYSE:WNS) last released its earnings results on Thursday, July 19th. The business services provider reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.08. The company had revenue of $196.00 million for the quarter, compared to the consensus estimate of $193.79 million. WNS had a net margin of 11.84% and a return on equity of 22.42%. WNS’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.45 EPS. equities research analysts expect that WNS will post 1.89 earnings per share for the current year.

WNS Profile

WNS (Holdings) Limited, a business process management company, together with its subsidiaries, provides data, voice, analytical, and business transformation services worldwide. It operates through two segments, WNS Global BPM and WNS Auto Claims BPM. The company offers industry-specific services to clients primarily in insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; utilities; consulting and professional services; healthcare; banking and financial services; and shipping and logistics industries.

See Also: Price to Earnings Ratio (PE), For Valuing Stocks

Institutional Ownership by Quarter for WNS (NYSE:WNS)

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