Atria Investments LLC purchased a new stake in shares of WNS (Holdings) Limited (NYSE:WNS) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,840 shares of the business services provider’s stock, valued at approximately $398,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. FMR LLC boosted its holdings in WNS by 8.7% in the second quarter. FMR LLC now owns 4,719,745 shares of the business services provider’s stock worth $246,276,000 after acquiring an additional 377,342 shares in the last quarter. Acadian Asset Management LLC bought a new stake in WNS in the second quarter worth $96,147,000. Macquarie Group Ltd. boosted its holdings in WNS by 10.9% in the second quarter. Macquarie Group Ltd. now owns 1,350,162 shares of the business services provider’s stock worth $70,451,000 after acquiring an additional 132,974 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in WNS by 4.8% in the second quarter. Victory Capital Management Inc. now owns 952,339 shares of the business services provider’s stock worth $49,693,000 after acquiring an additional 43,760 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in WNS by 187.7% in the second quarter. Wells Fargo & Company MN now owns 842,499 shares of the business services provider’s stock worth $43,962,000 after acquiring an additional 549,655 shares in the last quarter. Institutional investors own 86.46% of the company’s stock.

Several research firms have commented on WNS. Loop Capital boosted their target price on WNS to $60.00 and gave the stock a “buy” rating in a report on Friday, July 20th. Zacks Investment Research raised WNS from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a report on Sunday, July 15th. Barrington Research reissued a “buy” rating and issued a $60.00 target price on shares of WNS in a report on Friday, October 5th. Citigroup boosted their target price on WNS from $56.00 to $57.00 and gave the stock a “buy” rating in a report on Friday, July 20th. Finally, ValuEngine downgraded WNS from a “strong-buy” rating to a “buy” rating in a report on Friday, August 24th. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $52.82.

Shares of NYSE:WNS opened at $48.69 on Friday. The firm has a market cap of $2.44 billion, a PE ratio of 27.01, a price-to-earnings-growth ratio of 2.04 and a beta of 0.73. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.91 and a current ratio of 1.91. WNS has a 1 year low of $35.94 and a 1 year high of $54.38.

WNS (NYSE:WNS) last announced its quarterly earnings results on Thursday, July 19th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.08. The firm had revenue of $196.00 million for the quarter, compared to the consensus estimate of $193.79 million. WNS had a return on equity of 22.42% and a net margin of 11.84%. The company’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.45 earnings per share. On average, research analysts predict that WNS will post 1.89 earnings per share for the current fiscal 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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