Dalton Investments Inc. Buys 1,000 Shares of WNS (Holdings) Limited $WNS

Dalton Investments Inc. grew its stake in WNS (Holdings) Limited (NYSE:WNS) by 0.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 521,902 shares of the business services provider’s stock after buying an additional 1,000 shares during the period. WNS accounts for 17.5% of Dalton Investments Inc.’s investment portfolio, making the stock its 3rd largest holding. Dalton Investments Inc.’s holdings in WNS were worth $33,005,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Assetmark Inc. increased its position in shares of WNS by 17.3% during the second quarter. Assetmark Inc. now owns 909 shares of the business services provider’s stock worth $57,000 after purchasing an additional 134 shares in the last quarter. J.Safra Asset Management Corp grew its stake in WNS by 67.7% during the 2nd quarter. J.Safra Asset Management Corp now owns 483 shares of the business services provider’s stock worth $29,000 after buying an additional 195 shares during the last quarter. Teacher Retirement System of Texas increased its position in WNS by 8.5% during the second quarter. Teacher Retirement System of Texas now owns 6,306 shares of the business services provider’s stock worth $399,000 after buying an additional 495 shares during the period. Global Alpha Capital Management Ltd. lifted its stake in WNS by 14.2% in the second quarter. Global Alpha Capital Management Ltd. now owns 4,030 shares of the business services provider’s stock valued at $255,000 after buying an additional 500 shares during the last quarter. Finally, Verdence Capital Advisors LLC lifted its stake in WNS by 6.1% in the second quarter. Verdence Capital Advisors LLC now owns 9,111 shares of the business services provider’s stock valued at $576,000 after buying an additional 523 shares during the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

WNS Trading Down 0.6%

Shares of WNS stock opened at $75.98 on Monday. The company has a 50-day moving average of $75.99 and a two-hundred day moving average of $69.39. WNS has a 12-month low of $42.62 and a 12-month high of $76.48. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.18. The stock has a market cap of $3.26 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 2.25 and a beta of 0.91.

Wall Street Analyst Weigh In

Several research firms recently commented on WNS. Weiss Ratings reiterated a “hold (c)” rating on shares of WNS in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of WNS in a research note on Thursday, July 17th. They issued a “hold” rating and a $76.50 price objective on the stock. One analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $72.80.

WNS Profile

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through TSLU, MRHP, HCLS, and BFSI segments. It engages in diversified business, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure, utilities, shipping, and logistics; healthcare and life sciences; banking, financial services, and insurance; and Hi-tech and professional services, as well as procurement.