WNS (Holdings) Limited (NYSE:WNS) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its stake in WNS (Holdings) Limited (NYSE:WNS) by 1.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 108,580 shares of the business services provider’s stock after selling 2,011 shares during the period. Charles Schwab Investment Management Inc.’s holdings in WNS were worth $5,723,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in WNS. EverSource Wealth Advisors LLC raised its position in shares of WNS by 228.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock worth $27,000 after buying an additional 364 shares during the period. Financial Management Professionals Inc. acquired a new position in shares of WNS in the 3rd quarter valued at about $46,000. Amalgamated Bank acquired a new position in WNS during the second quarter valued at approximately $84,000. GAMMA Investing LLC increased its position in shares of WNS by 237.2% in the third quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider’s stock worth $113,000 after acquiring an additional 1,506 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of WNS by 1,151.2% in the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock valued at $140,000 after acquiring an additional 2,452 shares during the period. Institutional investors and hedge funds own 97.36% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Needham & Company LLC lowered their price target on WNS from $70.00 to $60.00 and set a “buy” rating for the company in a report on Friday, October 18th. Deutsche Bank Aktiengesellschaft cut their target price on WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a research report on Thursday, October 3rd. JPMorgan Chase & Co. raised their price target on shares of WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a research report on Friday, September 6th. Barrington Research reaffirmed an “outperform” rating and issued a $70.00 price target on shares of WNS in a report on Friday, October 18th. Finally, TD Cowen cut WNS from a “buy” rating to a “hold” rating and cut their price objective for the company from $64.00 to $53.00 in a research note on Thursday, October 17th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $60.33.

WNS Price Performance

NYSE WNS opened at $48.35 on Friday. The company has a 50-day moving average price of $50.01 and a two-hundred day moving average price of $53.33. The stock has a market cap of $2.31 billion, a price-to-earnings ratio of 18.60, a price-to-earnings-growth ratio of 1.94 and a beta of 1.14. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23. WNS has a 52 week low of $39.85 and a 52 week high of $72.57.

WNS (NYSE:WNS) last posted its earnings results on Thursday, October 17th. The business services provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.78 by $0.21. The firm had revenue of $310.70 million for the quarter, compared to analysts’ expectations of $313.66 million. WNS had a return on equity of 22.76% and a net margin of 9.39%. Analysts forecast that WNS will post 3.52 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.