WNS (Holdings) Limited (NYSE:WNS) Shares Sold by WCM Investment Management LLC

WCM Investment Management LLC decreased its stake in WNS (Holdings) Limited (NYSE:WNS) by 2.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,120 shares of the business services provider’s stock after selling 548 shares during the quarter. WCM Investment Management LLC’s holdings in WNS were worth $1,487,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of WNS by 201.8% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 688 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 460 shares during the period. Neuburgh Advisers LLC lifted its stake in shares of WNS by 8.1% in the first quarter. Neuburgh Advisers LLC now owns 29,456 shares of the business services provider’s stock worth $1,569,000 after buying an additional 2,208 shares in the last quarter. California Public Employees Retirement System lifted its stake in shares of WNS by 2.5% in the first quarter. California Public Employees Retirement System now owns 105,270 shares of the business services provider’s stock worth $5,608,000 after buying an additional 2,558 shares in the last quarter. Financial Counselors Inc. lifted its stake in shares of WNS by 43.9% in the first quarter. Financial Counselors Inc. now owns 9,741 shares of the business services provider’s stock worth $519,000 after buying an additional 2,970 shares in the last quarter. Finally, Aperio Group LLC lifted its stake in shares of WNS by 10.4% in the second quarter. Aperio Group LLC now owns 31,836 shares of the business services provider’s stock worth $1,885,000 after buying an additional 3,007 shares in the last quarter. Institutional investors and hedge funds own 95.36% of the company’s stock.

Shares of WNS stock traded down $0.43 on Friday, reaching $61.62. The company had a trading volume of 1,228 shares, compared to its average volume of 145,523. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.77 and a current ratio of 1.77. The firm has a market cap of $3.16 billion, a PE ratio of 27.31, a PEG ratio of 2.13 and a beta of 1.07. The firm’s 50 day moving average price is $61.93 and its two-hundred day moving average price is $56.71. WNS has a 52-week low of $39.24 and a 52-week high of $65.00.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, July 18th. The business services provider reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.24. The firm had revenue of $214.60 million during the quarter, compared to analysts’ expectations of $207.51 million. WNS had a net margin of 13.44% and a return on equity of 23.92%. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.59 earnings per share. As a group, sell-side analysts predict that WNS will post 2.36 EPS for the current year.

Several equities analysts have recently weighed in on WNS shares. Barrington Research raised their price target on shares of WNS from $68.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Cantor Fitzgerald raised their price target on shares of WNS from $63.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. Zacks Investment Research downgraded shares of WNS from a “strong-buy” rating to a “hold” rating in a research note on Saturday, July 27th. Cowen raised their price target on shares of WNS from $62.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Finally, Wedbush reissued an “outperform” rating on shares of WNS in a research note on Tuesday, July 16th. One analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $67.86.

About WNS

WNS (Holdings) Limited, a business process management company, together with its subsidiaries, provides data, voice, analytical, and business transformation services worldwide. It operates through two segments, WNS Global BPM and WNS Auto Claims BPM. The company offers industry-specific services to clients primarily in insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; utilities; consulting and professional services; healthcare; banking and financial services; and shipping and logistics industries.

Featured Story: What is a balanced fund?

Want to see what other hedge funds are holding WNS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WNS (Holdings) Limited (NYSE:WNS).

Institutional Ownership by Quarter for WNS (NYSE:WNS)

Receive News & Ratings for WNS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WNS and related companies with MarketBeat.com's FREE daily email newsletter.