UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Invests $1.54 Million in WNS (Holdings) Limited (NYSE:WNS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of WNS (Holdings) Limited (NYSE:WNS) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 29,200 shares of the business services provider’s stock, valued at approximately $1,539,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.06% of WNS as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in WNS. EverSource Wealth Advisors LLC grew its stake in WNS by 228.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 364 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in WNS in the 3rd quarter valued at about $46,000. Amalgamated Bank acquired a new stake in WNS in the 2nd quarter valued at about $84,000. GAMMA Investing LLC grew its stake in WNS by 237.2% in the 3rd quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider’s stock valued at $113,000 after acquiring an additional 1,506 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in 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 last quarter. 97.36% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on WNS. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a research note on Thursday, October 3rd. TD Cowen cut shares of WNS from a “buy” rating to a “hold” rating and lowered their price objective for the company from $64.00 to $53.00 in a research note on Thursday, October 17th. Citigroup set a $55.00 target price on shares of WNS in a report on Thursday, October 17th. JPMorgan Chase & Co. upped their target price on shares of WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a report on Friday, September 6th. Finally, Barrington Research restated an “outperform” rating and issued a $70.00 target price on shares of WNS in a report on Friday, October 18th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, WNS currently has a consensus rating of “Hold” and a consensus target price of $60.33.

WNS Trading Down 2.3 %

Shares of WNS stock opened at $47.46 on Tuesday. The firm has a market cap of $2.27 billion, a P/E ratio of 18.25, a PEG ratio of 1.93 and a beta of 1.14. WNS has a 1-year low of $39.85 and a 1-year high of $72.57. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. The firm’s 50-day simple moving average is $49.94 and its 200-day simple moving average is $53.29.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, October 17th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.21. The business had revenue of $310.70 million for the quarter, compared to analyst estimates of $313.66 million. WNS had a net margin of 9.39% and a return on equity of 22.76%. As a group, equities 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.