Rice Hall James & Associates LLC reduced its holdings in shares of WNS (Holdings) Limited (NYSE:WNS) by 4.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 817,071 shares of the business services provider’s stock after selling 39,589 shares during the quarter. WNS makes up 1.6% of Rice Hall James & Associates LLC’s investment portfolio, making the stock its 9th biggest holding. Rice Hall James & Associates LLC’s holdings in WNS were worth $48,371,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in WNS. Eqis Capital Management Inc. lifted its holdings in shares of WNS by 21.5% in the 1st quarter. Eqis Capital Management Inc. now owns 41,911 shares of the business services provider’s stock valued at $2,233,000 after purchasing an additional 7,418 shares during the last quarter. Harbour Capital Advisors LLC purchased a new position in shares of WNS during the 2nd quarter worth approximately $308,000. Pier Capital LLC raised its stake in shares of WNS by 3.5% during the 1st quarter. Pier Capital LLC now owns 140,067 shares of the business services provider’s stock worth $7,461,000 after buying an additional 4,765 shares in the last quarter. Financial Counselors Inc. raised its stake in shares of WNS by 43.9% during the 1st quarter. Financial Counselors Inc. now owns 9,741 shares of the business services provider’s stock worth $519,000 after buying an additional 2,970 shares in the last quarter. Finally, Northern Trust Corp raised its stake in shares of WNS by 13.7% during the 4th quarter. Northern Trust Corp now owns 43,860 shares of the business services provider’s stock worth $1,809,000 after buying an additional 5,297 shares in the last quarter. 94.04% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have recently issued reports on WNS. Barrington Research increased their target price on WNS from $68.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Cowen increased their target price on WNS from $62.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Wedbush reissued an “outperform” rating on shares of WNS in a research note on Tuesday, July 16th. Cantor Fitzgerald increased their target price on WNS from $63.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. Finally, Zacks Investment Research downgraded WNS from a “strong-buy” rating to a “hold” rating in a research note on Saturday, July 27th. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. WNS currently has an average rating of “Buy” and a consensus target price of $67.86.

Shares of WNS traded down $0.69 on Wednesday, reaching $62.10. The stock had a trading volume of 2,426 shares, compared to its average volume of 151,000. The stock has a market cap of $3.19 billion, a price-to-earnings ratio of 27.46, a PEG ratio of 2.16 and a beta of 1.07. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.77 and a quick ratio of 1.77. The company’s 50-day moving average is $61.35. WNS has a twelve month low of $39.24 and a twelve month high of $65.00.

WNS (NYSE:WNS) last released its quarterly earnings results on Thursday, July 18th. The business services provider reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.24. The business had revenue of $214.60 million for the quarter, compared to analysts’ expectations of $207.51 million. WNS had a return on equity of 23.92% and a net margin of 13.44%. The company’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 EPS. As a group, equities analysts anticipate that WNS will post 2.36 EPS 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.

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Institutional Ownership by Quarter for WNS (NYSE:WNS)

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