Morgan Stanley increased its stake in WNS (Holdings) Limited (NYSE:WNS) by 764.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 148,512 shares of the business services provider’s stock after buying an additional 131,341 shares during the period. Morgan Stanley’s holdings in WNS (Holdings) Limited were worth $4,249,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in WNS. Acadian Asset Management LLC raised its stake in WNS (Holdings) Limited by 46.8% in the first quarter. Acadian Asset Management LLC now owns 1,358,337 shares of the business services provider’s stock valued at $38,862,000 after buying an additional 433,104 shares in the last quarter. Meritage Portfolio Management raised its stake in WNS (Holdings) Limited by 60.8% in the first quarter. Meritage Portfolio Management now owns 193,414 shares of the business services provider’s stock valued at $5,534,000 after buying an additional 73,133 shares in the last quarter. Russell Investments Group Ltd. raised its stake in WNS (Holdings) Limited by 48.4% in the first quarter. Russell Investments Group Ltd. now owns 264,256 shares of the business services provider’s stock valued at $7,561,000 after buying an additional 86,189 shares in the last quarter. Wells Fargo & Company MN raised its stake in WNS (Holdings) Limited by 55.8% in the first quarter. Wells Fargo & Company MN now owns 309,895 shares of the business services provider’s stock valued at $8,866,000 after buying an additional 111,001 shares in the last quarter. Finally, Pembroke Management LTD raised its stake in WNS (Holdings) Limited by 7.0% in the first quarter. Pembroke Management LTD now owns 703,697 shares of the business services provider’s stock valued at $20,132,000 after buying an additional 46,300 shares in the last quarter. 86.78% of the stock is owned by institutional investors and hedge funds.

WNS (WNS) traded up 0.49% during mid-day trading on Friday, hitting $34.87. The stock had a trading volume of 95,692 shares. The company has a market cap of $1.76 billion, a P/E ratio of 43.64 and a beta of 0.97. WNS has a 1-year low of $24.82 and a 1-year high of $36.07. The company has a 50-day moving average price of $34.43 and a 200 day moving average price of $31.27.

WNS (Holdings) Limited (NYSE:WNS) last announced its quarterly earnings results on Thursday, July 20th. The business services provider reported $0.45 earnings per share (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 company had revenue of $175.30 million during the quarter, compared to analyst estimates of $162.73 million. During the same quarter in the previous year, the business earned $0.45 EPS. The firm’s revenue was up 18.4% on a year-over-year basis. Equities research analysts forecast that WNS will post $1.99 EPS for the current fiscal year.

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WNS has been the subject of several research reports. Maxim Group set a $38.00 price objective on WNS (Holdings) Limited and gave the stock a “buy” rating in a research note on Thursday, April 27th. Zacks Investment Research raised WNS (Holdings) Limited from a “hold” rating to a “buy” rating and set a $36.00 price objective for the company in a research note on Friday, May 5th. Cowen and Company raised WNS (Holdings) Limited from a “market perform” rating to an “outperform” rating and set a $38.00 price objective for the company in a research note on Wednesday, June 14th. BidaskClub upgraded WNS (Holdings) Limited from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $38.00 target price on shares of WNS (Holdings) Limited in a report on Thursday, June 29th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. WNS (Holdings) Limited has a consensus rating of “Buy” and an average 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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