Mesirow Institutional Investment Management Inc. Invests $14.18 Million in WNS (Holdings) Limited (NYSE:WNS)

Mesirow Institutional Investment Management Inc. purchased a new stake in shares of WNS (Holdings) Limited (NYSE:WNS) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 299,231 shares of the business services provider’s stock, valued at approximately $14,181,000.

Other hedge funds have also recently bought and sold shares of the company. State Street Corp lifted its position in shares of WNS by 40.5% in the third quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock worth $39,182,000 after purchasing an additional 214,417 shares in the last quarter. Jane Street Group LLC raised its stake in shares of WNS by 728.1% during the 3rd quarter. Jane Street Group LLC now owns 52,974 shares of the business services provider’s stock worth $2,792,000 after purchasing an additional 46,577 shares in the last quarter. Barclays PLC lifted its holdings in shares of WNS by 329.7% during the 3rd quarter. Barclays PLC now owns 68,007 shares of the business services provider’s stock valued at $3,584,000 after buying an additional 52,179 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of WNS in the 3rd quarter valued at approximately $745,000. Finally, DGS Capital Management LLC acquired a new position in WNS in the third quarter worth approximately $291,000. 97.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on WNS shares. StockNews.com upgraded shares of WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Robert W. Baird increased their target price on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Barrington Research boosted their price target on WNS from $63.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 26th. Jefferies Financial Group lowered their price objective on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Finally, Needham & Company LLC increased their price target on WNS from $65.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, March 11th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $62.25.

WNS Stock Down 0.1 %

Shares of WNS stock opened at $66.54 on Friday. WNS has a 12 month low of $39.85 and a 12 month high of $72.11. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. The firm has a market cap of $3.08 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 2.10 and a beta of 0.96. The stock has a 50 day moving average of $61.35 and a 200-day moving average of $54.27.

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%. On average, equities analysts predict that WNS will post 3.8 EPS for the current 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.