WNS (Holdings) Limited (NYSE:WNS) Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA decreased its holdings in WNS (Holdings) Limited (NYSE:WNS) by 20.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 390,120 shares of the business services provider’s stock after selling 100,152 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in WNS were worth $18,488,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Thrivent Financial for Lutherans increased its position in shares of WNS by 26.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,483,569 shares of the business services provider’s stock valued at $70,307,000 after buying an additional 312,519 shares in the last quarter. William Blair Investment Management LLC grew its stake in WNS by 5.0% in the 4th quarter. William Blair Investment Management LLC now owns 1,112,743 shares of the business services provider’s stock valued at $52,733,000 after acquiring an additional 53,433 shares during the period. State Street Corp increased its holdings in WNS by 40.5% in the 3rd quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock worth $39,182,000 after acquiring an additional 214,417 shares in the last quarter. Vanguard Group Inc. raised its position in WNS by 27.1% during the fourth quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider’s stock worth $19,693,000 after acquiring an additional 88,698 shares during the period. Finally, Summit Creek Advisors LLC lifted its holdings in WNS by 10.9% during the fourth quarter. Summit Creek Advisors LLC now owns 333,501 shares of the business services provider’s stock valued at $15,805,000 after purchasing an additional 32,897 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Robert W. Baird boosted their target price on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Barrington Research lifted their price target on WNS from $63.00 to $75.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 26th. Jefferies Financial Group reduced their price objective on WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday, January 21st. Finally, Needham & Company LLC lifted their target price 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. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $62.25.

WNS Trading Down 3.3 %

Shares of WNS stock opened at $62.42 on Monday. WNS has a twelve month low of $39.85 and a twelve month high of $70.31. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 2.10 and a beta of 0.96. The company’s 50-day moving average price is $60.41 and its 200-day moving average price is $53.29. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS) last released its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates 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, equities analysts predict that WNS will post 3.8 earnings per share for the current year.

About WNS

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.