Sei Investments Co. lowered its position in WNS (Holdings) Limited (NYSE:WNS) by 6.2% during the second quarter, Holdings Channel reports. The institutional investor owned 332,837 shares of the business services provider’s stock after selling 22,180 shares during the period. Sei Investments Co.’s holdings in WNS (Holdings) Limited were worth $11,436,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of WNS. Advisors Preferred LLC acquired a new position in shares of WNS (Holdings) Limited during the first quarter worth $140,000. Bailard Inc. acquired a new position in shares of WNS (Holdings) Limited during the first quarter worth $205,000. PNC Financial Services Group Inc. raised its position in shares of WNS (Holdings) Limited by 28.0% in the first quarter. PNC Financial Services Group Inc. now owns 7,860 shares of the business services provider’s stock worth $224,000 after buying an additional 1,720 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of WNS (Holdings) Limited during the first quarter worth $292,000. Finally, Stifel Financial Corp raised its position in shares of WNS (Holdings) Limited by 3.3% in the first quarter. Stifel Financial Corp now owns 10,905 shares of the business services provider’s stock worth $312,000 after buying an additional 344 shares in the last quarter. 86.78% of the stock is currently owned by institutional investors.

WNS (NYSE:WNS) opened at 35.15 on Thursday. The company has a 50 day moving average price of $34.34 and a 200 day moving average price of $31.21. WNS has a 12 month low of $24.82 and a 12 month high of $36.07. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 43.99 and a beta of 0.97.

WNS (Holdings) Limited (NYSE:WNS) last posted its quarterly earnings results on Thursday, July 20th. The business services provider reported $0.45 EPS for the quarter, meeting the consensus estimate of $0.45. WNS (Holdings) Limited had a net margin of 6.66% and a return on equity of 18.73%. The business had revenue of $175.30 million for the quarter, compared to analysts’ expectations of $162.73 million. During the same period in the previous year, the company posted $0.45 EPS. WNS (Holdings) Limited’s revenue was up 18.4% on a year-over-year basis. Equities research analysts predict that WNS will post $1.99 earnings per share for the current year.

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A number of research analysts have weighed in on the company. Zacks Investment Research raised WNS (Holdings) Limited from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Wedbush assumed coverage on WNS (Holdings) Limited in a research report on Thursday, August 3rd. They issued an “outperform” rating and a $42.00 target price on the stock. BidaskClub raised WNS (Holdings) Limited from a “hold” rating to a “buy” rating in a research report on Saturday, June 24th. Cowen and Company raised WNS (Holdings) Limited from a “market perform” rating to an “outperform” rating and set a $38.00 target price on the stock in a research report on Wednesday, June 14th. Finally, Citigroup Inc. increased their target price on WNS (Holdings) Limited from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Friday, July 21st. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $38.50.

About WNS (Holdings) Limited

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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Institutional Ownership by Quarter for WNS (Holdings) Limited (NYSE:WNS)

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