Short Interest in WNS (Holdings) Limited (NYSE:WNS) Decreases By 13.6%

WNS (Holdings) Limited (NYSE:WNS) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 2,040,000 shares, a drop of 13.6% from the February 13th total of 2,360,000 shares. Based on an average daily trading volume, of 496,400 shares, the days-to-cover ratio is currently 4.1 days. Currently, 5.0% of the shares of the stock are short sold.

WNS Trading Up 1.9 %

Shares of NYSE WNS opened at $64.72 on Thursday. WNS has a 1-year low of $39.85 and a 1-year high of $65.03. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. The business’s 50 day moving average is $56.74 and its two-hundred day moving average is $52.72. The stock has a market capitalization of $2.99 billion, a P/E ratio of 22.63, a PEG ratio of 2.10 and a beta of 1.22.

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

Wall Street Analysts Forecast Growth

WNS has been the topic of several research analyst reports. Jefferies Financial Group lowered their target price on shares of WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Needham & Company LLC boosted their price target on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, March 11th. Robert W. Baird raised their price objective on WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, WNS presently has a consensus rating of “Moderate Buy” and an average price target of $61.63.

Institutional Trading of WNS

Several large investors have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans acquired a new stake in shares of WNS during the third quarter worth about $61,726,000. Pathstone Holdings LLC raised its position in WNS by 20.9% during the 3rd quarter. Pathstone Holdings LLC now owns 37,234 shares of the business services provider’s stock worth $1,963,000 after buying an additional 6,433 shares during the last quarter. Aurora Investment Counsel lifted its stake in WNS by 1.8% during the 3rd quarter. Aurora Investment Counsel now owns 35,137 shares of the business services provider’s stock valued at $1,852,000 after acquiring an additional 618 shares during the period. Intech Investment Management LLC purchased a new stake in shares of WNS in the 3rd quarter valued at $471,000. Finally, Citigroup Inc. increased its stake in shares of WNS by 90.0% in the third quarter. Citigroup Inc. now owns 67,333 shares of the business services provider’s stock worth $3,549,000 after acquiring an additional 31,886 shares during the period. Hedge funds and other institutional investors own 97.36% of the company’s stock.

WNS Company 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.