Tocqueville Asset Management L.P. Has $3.22 Million Stake in WNS (Holdings) Limited (NYSE:WNS)

Tocqueville Asset Management L.P. grew its holdings in WNS (Holdings) Limited (NYSE:WNS) by 70.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 68,000 shares of the business services provider’s stock after acquiring an additional 28,000 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in WNS were worth $3,223,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Blue Trust Inc. increased its stake in WNS by 65.0% during the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock worth $208,000 after purchasing an additional 1,732 shares in the last quarter. Mount Yale Investment Advisors LLC increased its position in shares of WNS by 18.1% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock worth $249,000 after acquiring an additional 805 shares in the last quarter. DGS Capital Management LLC acquired a new stake in shares of WNS during the third quarter worth $291,000. Central Pacific Bank Trust Division raised its holdings in shares of WNS by 29.5% during the fourth quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider’s stock worth $329,000 after acquiring an additional 1,580 shares during the period. Finally, Verition Fund Management LLC bought a new stake in WNS in the 3rd quarter valued at $392,000. Institutional investors and hedge funds own 97.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on WNS. Jefferies Financial Group dropped their price target on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st. StockNews.com raised WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Robert W. Baird upped their price target on WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, Needham & Company LLC lifted their price objective on shares of WNS from $65.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, March 11th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $61.63.

WNS Trading Up 0.0 %

Shares of WNS stock opened at $63.53 on Wednesday. The stock has a market cap of $2.94 billion, a P/E ratio of 22.21, a P/E/G ratio of 2.10 and a beta of 1.22. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. WNS has a 12-month low of $39.85 and a 12-month high of $65.03. The business’s 50 day moving average is $56.34 and its 200-day moving average is $52.63.

WNS (NYSE:WNS) last posted its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. Equities research analysts predict that WNS will post 3.8 earnings per share for the current fiscal year.

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.