Acadian Asset Management LLC Has $89.32 Million Holdings in WNS (Holdings) Limited (NYSE:WNS)

Acadian Asset Management LLC lifted its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 0.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,768,209 shares of the business services provider’s stock after purchasing an additional 11,933 shares during the quarter. Acadian Asset Management LLC owned approximately 3.70% of WNS worth $89,317,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of WNS. Westfield Capital Management Co. LP grew its holdings in shares of WNS by 40.6% during the 4th quarter. Westfield Capital Management Co. LP now owns 1,042,815 shares of the business services provider’s stock worth $65,906,000 after purchasing an additional 301,022 shares in the last quarter. Artisan Partners Limited Partnership lifted its position in shares of WNS by 13.9% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,920,291 shares of the business services provider’s stock worth $121,362,000 after buying an additional 234,139 shares during the period. AGF Management Ltd. bought a new position in shares of WNS during the 4th quarter worth approximately $13,137,000. Rice Hall James & Associates LLC lifted its position in shares of WNS by 21.6% during the 1st quarter. Rice Hall James & Associates LLC now owns 885,809 shares of the business services provider’s stock worth $44,760,000 after buying an additional 157,336 shares during the period. Finally, Congress Asset Management Co. MA lifted its position in shares of WNS by 19.5% during the 1st quarter. Congress Asset Management Co. MA now owns 616,324 shares of the business services provider’s stock worth $31,143,000 after buying an additional 100,563 shares during the period. Institutional investors and hedge funds own 97.36% of the company’s stock.

Analyst Ratings Changes

WNS has been the subject of several analyst reports. StockNews.com downgraded WNS from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. Citigroup cut their target price on WNS from $80.00 to $62.00 and set a “buy” rating for the company in a research report on Monday, April 22nd. Deutsche Bank Aktiengesellschaft downgraded WNS from a “buy” rating to a “hold” rating and cut their target price for the stock from $64.00 to $44.00 in a research report on Friday, April 26th. Barrington Research raised their target price on WNS from $60.00 to $70.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, JPMorgan Chase & Co. raised their target price on WNS from $55.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $70.33.

WNS Stock Performance

WNS traded down $2.57 during trading on Friday, hitting $55.38. The company’s stock had a trading volume of 1,121,499 shares. The firm’s 50 day moving average price is $52.58 and its two-hundred day moving average price is $54.81. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.13. WNS has a 12 month low of $39.85 and a 12 month high of $75.12.

WNS (NYSE:WNS) last released its earnings results on Thursday, July 18th. The business services provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The company had revenue of $312.40 million during the quarter, compared to the consensus estimate of $310.49 million. WNS had a return on equity of 21.60% and a net margin of 10.52%. The firm’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.76 earnings per share. Sell-side analysts predict that WNS will post 3.61 EPS for the current fiscal 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.