Natixis Advisors LLC Has $4.10 Million Stake in WNS (Holdings) Limited (NYSE:WNS)

Natixis Advisors LLC trimmed its position in WNS (Holdings) Limited (NYSE:WNS) by 0.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,795 shares of the business services provider’s stock after selling 399 shares during the period. Natixis Advisors LLC owned approximately 0.16% of WNS worth $4,101,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Diamond Hill Capital Management Inc. increased its stake in WNS by 11.9% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 1,777,557 shares of the business services provider’s stock valued at $93,322,000 after buying an additional 188,616 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of WNS by 84.2% in the second quarter. Allspring Global Investments Holdings LLC now owns 591,052 shares of the business services provider’s stock valued at $31,030,000 after acquiring an additional 270,117 shares during the last quarter. TimesSquare Capital Management LLC increased its position in shares of WNS by 17.1% in the third quarter. TimesSquare Capital Management LLC now owns 377,825 shares of the business services provider’s stock valued at $19,915,000 after acquiring an additional 55,306 shares during the last quarter. William Blair Investment Management LLC raised its holdings in WNS by 8.3% during the second quarter. William Blair Investment Management LLC now owns 347,511 shares of the business services provider’s stock worth $18,244,000 after acquiring an additional 26,648 shares in the last quarter. Finally, Silvercrest Asset Management Group LLC boosted its position in WNS by 2.2% during the first quarter. Silvercrest Asset Management Group LLC now owns 318,169 shares of the business services provider’s stock valued at $16,077,000 after purchasing an additional 6,722 shares during the last quarter. 97.36% of the stock is owned by institutional investors and hedge funds.

WNS Stock Performance

NYSE WNS opened at $52.07 on Friday. WNS has a 52-week low of $39.85 and a 52-week high of $72.57. The stock has a market cap of $2.49 billion and a PE ratio of 20.03. The firm has a 50-day moving average of $50.50 and a 200-day moving average of $53.27. 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 issued its quarterly earnings data on Thursday, October 17th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.21. The company had revenue of $310.70 million during 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%. On average, sell-side analysts anticipate that WNS will post 3.52 EPS for the current year.

Wall Street Analyst Weigh In

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

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.