Lenox Wealth Management Inc. cut its position in WNS (Holdings) Limited (NYSE:WNS) by 3.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,007 shares of the business services provider’s stock after selling 535 shares during the period. Lenox Wealth Management Inc.’s holdings in WNS were worth $881,000 as of its most recent SEC filing.
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Other large investors have also recently added to or reduced their stakes in the company. Summit Creek Advisors LLC bought a new stake in shares of WNS during the second quarter worth $9,601,000. Calamos Advisors LLC acquired a new position in WNS during the second quarter worth $5,378,000. Janus Henderson Group PLC lifted its stake in WNS by 12.9% in the second quarter. Janus Henderson Group PLC now owns 780,336 shares of the business services provider’s stock valued at $46,196,000 after acquiring an additional 89,330 shares during the last quarter. Morgan Stanley lifted its stake in WNS by 42.6% in the second quarter. Morgan Stanley now owns 246,748 shares of the business services provider’s stock valued at $14,607,000 after acquiring an additional 73,708 shares during the last quarter. Finally, WCM Investment Management LLC lifted its stake in WNS by 275.9% in the third quarter. WCM Investment Management LLC now owns 94,425 shares of the business services provider’s stock valued at $5,548,000 after acquiring an additional 69,305 shares during the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.
Shares of NYSE WNS traded up $0.01 during trading on Friday, hitting $63.18. The stock had a trading volume of 145,953 shares, compared to its average volume of 200,939. The firm has a fifty day moving average of $60.89 and a two-hundred day moving average of $59.77. WNS has a 12 month low of $39.24 and a 12 month high of $65.99. The company has a market capitalization of $3.14 billion, a PE ratio of 28.08, a PEG ratio of 2.12 and a beta of 1.15. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.88 and a quick ratio of 1.88.
WNS (NYSE:WNS) last issued its earnings results on Thursday, October 17th. The business services provider reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. The firm had revenue of $220.70 million during the quarter, compared to analyst estimates of $216.08 million. WNS had a net margin of 13.47% and a return on equity of 23.57%. The company’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter last year, the business earned $0.65 earnings per share. On average, equities analysts expect that WNS will post 2.41 earnings per share for the current fiscal year.
A number of research firms have recently issued reports on WNS. Cantor Fitzgerald raised their target price on shares of WNS from $68.00 to $73.00 and gave the stock an “outperform” rating in a research note on Friday, October 18th. Zacks Investment Research reaffirmed a “buy” rating and set a $70.00 price target on shares of WNS in a research report on Saturday, October 26th. ValuEngine lowered shares of WNS from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Berenberg Bank assumed coverage on shares of WNS in a report on Friday, September 13th. They issued a “buy” rating and a $72.00 target price on the stock. Finally, Citigroup lifted their price target on shares of WNS from $69.00 to $74.00 and gave the company a “buy” rating in a report on Friday, October 18th. Two analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $69.64.
WNS Company Profile
WNS (Holdings) Limited, a business process management company, together with its subsidiaries, provides data, voice, analytical, and business transformation services worldwide. It operates through two segments, WNS Global BPM and WNS Auto Claims BPM. The company offers industry-specific services to clients primarily in insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; utilities; consulting and professional services; healthcare; banking and financial services; and shipping and logistics industries.
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