WNS (Holdings) Limited (NYSE:WNS) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. lowered its stake in WNS (Holdings) Limited (NYSE:WNS) by 0.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,364,167 shares of the business services provider’s stock after selling 1,902 shares during the period. Alliancebernstein L.P.’s holdings in WNS were worth $64,648,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Blue Trust Inc. raised its position in shares of WNS by 65.0% during the fourth 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 during the period. Pictet Asset Management Holding SA acquired a new stake in WNS during the 4th quarter worth about $213,000. Mount Yale Investment Advisors LLC lifted its stake in 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 valued at $249,000 after buying an additional 805 shares in the last quarter. DGS Capital Management LLC acquired a new position in shares of WNS in the third quarter worth about $291,000. Finally, Central Pacific Bank Trust Division increased its position in shares of WNS by 29.5% in 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 in the last quarter. 97.36% of the stock is owned by institutional investors.

WNS Stock Down 3.3 %

WNS stock opened at $62.42 on Friday. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 21.82, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22. The company has a 50-day moving average of $60.41 and a two-hundred day moving average of $53.32. WNS has a 52-week low of $39.85 and a 52-week high of $70.31. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81.

WNS (NYSE:WNS) last released its earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS 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, equities research analysts anticipate that WNS will post 3.8 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on WNS shares. Robert W. Baird raised their price objective 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. Barrington Research raised their target price on WNS from $63.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 26th. StockNews.com raised WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Needham & Company LLC raised their price objective on WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, March 11th. Finally, Jefferies Financial Group dropped their target price on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, WNS presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.25.

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.