Russell Investments Group Ltd. Has $8.93 Million Stock Holdings in WNS (Holdings) Limited (NYSE:WNS)

Russell Investments Group Ltd. reduced its holdings in WNS (Holdings) Limited (NYSE:WNS) by 16.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 189,693 shares of the business services provider’s stock after selling 37,248 shares during the quarter. Russell Investments Group Ltd.’s holdings in WNS were worth $8,926,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of WNS. Inspire Advisors LLC lifted its stake in WNS by 4.0% in the fourth quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider’s stock valued at $608,000 after buying an additional 493 shares during the period. LPL Financial LLC increased its position in shares of WNS by 3.9% during the fourth quarter. LPL Financial LLC now owns 13,770 shares of the business services provider’s stock worth $653,000 after acquiring an additional 514 shares in the last quarter. Mount Yale Investment Advisors LLC increased its holdings in WNS by 18.1% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock worth $249,000 after purchasing an additional 805 shares in the last quarter. Central Pacific Bank Trust Division raised its position in WNS by 29.5% in the 4th quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider’s stock valued at $329,000 after buying an additional 1,580 shares during the last quarter. Finally, BKM Wealth Management LLC lifted its position in shares of WNS by 15.6% during the fourth quarter. BKM Wealth Management LLC now owns 12,687 shares of the business services provider’s stock valued at $601,000 after purchasing an additional 1,715 shares in the last quarter. 97.36% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on WNS shares. Needham & Company LLC boosted their price target on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, March 11th. StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a report on Friday, January 24th. Barrington Research upped their price target on WNS from $63.00 to $75.00 and gave the company an “outperform” rating in a research report on Wednesday, March 26th. Robert W. Baird increased their price objective on WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, Jefferies Financial Group dropped their target price on shares of WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, WNS currently has a consensus rating of “Moderate Buy” and an average price target of $62.25.

WNS Price Performance

NYSE WNS opened at $66.66 on Friday. The business’s fifty day moving average price is $60.65 and its 200-day moving average price is $53.74. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 23.31, a PEG ratio of 2.10 and a beta of 0.96. WNS has a 1-year low of $39.85 and a 1-year high of $72.11. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81.

WNS (NYSE:WNS) last announced its quarterly earnings data 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 net margin of 10.03% and a return on equity of 22.25%. On average, equities analysts predict that WNS will post 3.8 earnings per share for the current year.

About WNS

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.