WNS (Holdings) Limited (NYSE:WNS) is Rice Hall James & Associates LLC’s 4th Largest Position

Rice Hall James & Associates LLC reduced its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 0.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 787,151 shares of the business services provider’s stock after selling 1,989 shares during the period. WNS comprises about 2.8% of Rice Hall James & Associates LLC’s holdings, making the stock its 4th largest position. Rice Hall James & Associates LLC’s holdings in WNS were worth $48,402,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Stephens Inc. AR purchased a new stake in WNS in the first quarter valued at $292,000. Envestnet Asset Management Inc. raised its holdings in shares of WNS by 13.3% in the first quarter. Envestnet Asset Management Inc. now owns 65,188 shares of the business services provider’s stock valued at $4,008,000 after buying an additional 7,671 shares during the last quarter. Penserra Capital Management LLC purchased a new stake in shares of WNS in the first quarter valued at about $251,000. Principal Financial Group Inc. raised its holdings in shares of WNS by 3.5% in the first quarter. Principal Financial Group Inc. now owns 157,659 shares of the business services provider’s stock valued at $9,694,000 after buying an additional 5,333 shares during the last quarter. Finally, Teacher Retirement System of Texas purchased a new stake in shares of WNS in the first quarter valued at about $357,000. 97.36% of the stock is owned by hedge funds and other institutional investors.

WNS Trading Down 0.1%

Shares of WNS stock opened at $74.76 on Monday. WNS has a 52-week low of $42.62 and a 52-week high of $74.96. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The company’s 50-day simple moving average is $60.20 and its 200-day simple moving average is $58.89. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of 20.10, a price-to-earnings-growth ratio of 2.14 and a beta of 0.93.

WNS (NYSE:WNS) last issued its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.04. WNS had a net margin of 12.94% and a return on equity of 23.26%. The business had revenue of $336.30 million for the quarter, compared to analyst estimates of $323.62 million. During the same period in the previous year, the business posted $1.12 earnings per share. The business’s revenue was down .8% compared to the same quarter last year. As a group, equities research analysts anticipate that WNS will post 3.8 earnings per share for the current year.

Analysts Set New Price Targets

WNS has been the subject of a number of research reports. Barrington Research cut shares of WNS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. William Blair cut shares of WNS from a “strong-buy” rating to a “market perform” rating in a report on Monday, July 7th. Wall Street Zen cut shares of WNS from a “buy” rating to a “hold” rating in a report on Saturday. Jefferies Financial Group reiterated a “hold” rating and set a $76.50 price target (down from $80.00) on shares of WNS in a research note on Tuesday, July 8th. Finally, Needham & Company LLC lowered shares of WNS from a “moderate buy” rating to a “hold” rating in a research note on Monday, July 7th. Nine investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $64.94.

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.