JB Capital LLC Acquires 3,024 Shares of WNS (Holdings) Limited (NYSE:WNS)

JB Capital LLC boosted its holdings in WNS (Holdings) Limited (NYSE:WNS) by 10.5% in the fourth quarter, Holdings Channel reports. The firm owned 31,820 shares of the business services provider’s stock after purchasing an additional 3,024 shares during the quarter. JB Capital LLC’s holdings in WNS were worth $1,508,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. bought a new position in shares of WNS in the 3rd quarter valued at about $46,000. GAMMA Investing LLC grew its stake in WNS by 237.2% in the third quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider’s stock valued at $113,000 after purchasing an additional 1,506 shares in the last quarter. Blue Trust Inc. increased its position in shares of WNS by 1,151.2% during the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock worth $140,000 after purchasing an additional 2,452 shares during the last quarter. Signaturefd LLC raised its stake in shares of WNS by 150.0% during the 3rd quarter. Signaturefd LLC now owns 2,812 shares of the business services provider’s stock worth $148,000 after purchasing an additional 1,687 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC boosted its holdings in shares of WNS by 18.1% in the 4th 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 during the last quarter. 97.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on WNS shares. Robert W. Baird boosted their target price on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Barrington Research reaffirmed an “outperform” rating and issued a $70.00 target price on shares of WNS in a report on Friday, October 18th. Citigroup set a $55.00 price target on WNS in a report on Thursday, October 17th. TD Cowen lowered WNS from a “buy” rating to a “hold” rating and dropped their price objective for the company from $64.00 to $53.00 in a research note on Thursday, October 17th. Finally, Needham & Company LLC lifted their target price on WNS from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $61.00.

WNS Trading Down 1.7 %

Shares of WNS stock opened at $61.18 on Monday. WNS has a 52-week low of $39.85 and a 52-week high of $72.40. The stock has a market cap of $2.93 billion, a PE ratio of 21.39, a PEG ratio of 2.07 and a beta of 1.19. The firm has a 50-day moving average of $50.02 and a 200-day moving average of $52.55. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62.

WNS (NYSE:WNS) last announced its earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.37% and a net margin of 10.03%. As a group, sell-side analysts forecast that WNS will post 3.8 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.