Allianz Asset Management GmbH lifted its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 351.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 70,940 shares of the business services provider’s stock after buying an additional 55,239 shares during the period. Allianz Asset Management GmbH owned approximately 0.14% of WNS worth $2,847,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Trexquant Investment LP acquired a new stake in shares of WNS during the 3rd quarter worth $210,000. Advisor Group Inc. increased its holdings in shares of WNS by 731.2% during the 3rd quarter. Advisor Group Inc. now owns 6,417 shares of the business services provider’s stock worth $234,000 after buying an additional 5,645 shares during the last quarter. Capital Fund Management S.A. increased its holdings in shares of WNS by 33.8% during the 4th quarter. Capital Fund Management S.A. now owns 9,500 shares of the business services provider’s stock worth $381,000 after buying an additional 2,400 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of WNS during the 3rd quarter worth $587,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of WNS by 2,604.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,228 shares of the business services provider’s stock worth $589,000 after buying an additional 15,628 shares during the last quarter. Institutional investors and hedge funds own 86.42% of the company’s stock.
NYSE WNS traded up $0.33 during trading hours on Thursday, hitting $45.83. The company had a trading volume of 109,235 shares, compared to its average volume of 221,368. The company has a current ratio of 2.54, a quick ratio of 2.54 and a debt-to-equity ratio of 0.16. The company has a market cap of $2,316.41, a P/E ratio of 30.74, a P/E/G ratio of 1.76 and a beta of 0.86. WNS has a fifty-two week low of $28.73 and a fifty-two week high of $48.26.
WNS (NYSE:WNS) last posted its quarterly earnings data on Thursday, January 18th. The business services provider reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.06. The company had revenue of $185.20 million during the quarter, compared to analysts’ expectations of $175.85 million. WNS had a net margin of 7.96% and a return on equity of 20.19%. The firm’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.49 EPS. sell-side analysts forecast that WNS will post 1.73 EPS for the current fiscal year.
WNS declared that its board has authorized a share repurchase plan on Thursday, January 18th that permits the company to repurchase 3,300,000 shares. This repurchase authorization permits the business services provider to purchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.
A number of analysts have recently commented on WNS shares. Cantor Fitzgerald restated a “buy” rating and set a $42.00 price objective on shares of WNS in a report on Friday, January 5th. Robert W. Baird restated a “buy” rating and set a $46.00 price objective on shares of WNS in a report on Thursday, December 21st. Maxim Group upped their price objective on WNS from $42.00 to $56.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. Loop Capital upped their price objective on WNS to $50.00 and gave the stock a “buy” rating in a report on Friday, January 19th. Finally, ValuEngine upgraded WNS from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Two investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. WNS presently has a consensus rating of “Buy” and a consensus price target of $48.23.
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WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.
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