Summit Creek Advisors LLC Acquires 60,770 Shares of WNS (Holdings) Limited (NYSE:WNS)

Summit Creek Advisors LLC raised its holdings in WNS (Holdings) Limited (NYSE:WNSGet Rating) by 27.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 282,552 shares of the business services provider’s stock after purchasing an additional 60,770 shares during the period. WNS comprises 2.7% of Summit Creek Advisors LLC’s holdings, making the stock its 9th largest position. Summit Creek Advisors LLC owned about 0.58% of WNS worth $24,155,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Monarch Partners Asset Management LLC boosted its stake in shares of WNS by 10.8% in the first quarter. Monarch Partners Asset Management LLC now owns 61,074 shares of the business services provider’s stock worth $5,221,000 after acquiring an additional 5,970 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in shares of WNS by 52.7% in the first quarter. Quadrant Capital Group LLC now owns 1,110 shares of the business services provider’s stock worth $95,000 after acquiring an additional 383 shares during the last quarter. Qtron Investments LLC boosted its stake in shares of WNS by 7.3% in the first quarter. Qtron Investments LLC now owns 29,145 shares of the business services provider’s stock worth $2,492,000 after acquiring an additional 1,985 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of WNS by 24.3% in the first quarter. Victory Capital Management Inc. now owns 1,269,115 shares of the business services provider’s stock worth $108,266,000 after acquiring an additional 248,276 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its stake in shares of WNS by 9.0% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 499,561 shares of the business services provider’s stock worth $42,707,000 after acquiring an additional 41,050 shares during the last quarter. 97.73% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WNS has been the topic of a number of analyst reports. Cowen reduced their price objective on WNS from $100.00 to $98.00 and set an “outperform” rating on the stock in a research report on Friday, April 22nd. Barrington Research reduced their price objective on WNS from $104.00 to $97.00 in a research report on Friday, April 22nd. Citigroup reduced their price objective on WNS from $102.00 to $91.00 and set a “buy” rating on the stock in a research report on Wednesday, July 20th. JPMorgan Chase & Co. reduced their price objective on WNS from $100.00 to $98.00 in a research report on Wednesday, July 20th. Finally, Cowen reduced their price objective on WNS from $100.00 to $98.00 and set an “outperform” rating on the stock in a research report on Friday, April 22nd. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $96.63.

WNS Trading Up 0.1 %

WNS opened at $86.15 on Friday. WNS has a 12 month low of $67.07 and a 12 month high of $91.48. The stock has a market capitalization of $4.21 billion, a price-to-earnings ratio of 31.56, a PEG ratio of 2.49 and a beta of 1.30. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.38 and a quick ratio of 2.38. The business has a fifty day moving average price of $76.76 and a 200 day moving average price of $80.20.

WNS (NYSE:WNSGet Rating) last released its earnings results on Thursday, July 21st. The business services provider reported $0.70 EPS for the quarter, topping the consensus estimate of $0.60 by $0.10. WNS had a return on equity of 20.66% and a net margin of 12.02%. The firm had revenue of $274.80 million during the quarter, compared to analysts’ expectations of $269.68 million. Sell-side analysts expect that WNS will post 2.91 earnings per share for the current fiscal year.

WNS Profile

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

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Institutional Ownership by Quarter for WNS (NYSE:WNS)

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