WNS (Holdings) Limited (WNS) Position Raised by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. increased its stake in WNS (Holdings) Limited (NYSE:WNS) by 1.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 309,766 shares of the business services provider’s stock after buying an additional 4,295 shares during the period. Diamond Hill Capital Management Inc. owned about 0.61% of WNS (Holdings) Limited worth $10,644,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. TimesSquare Capital Management LLC increased its stake in WNS (Holdings) Limited by 0.7% in the first quarter. TimesSquare Capital Management LLC now owns 2,473,159 shares of the business services provider’s stock valued at $70,757,000 after buying an additional 16,184 shares during the period. Wellington Management Group LLP increased its stake in WNS (Holdings) Limited by 4.5% in the first quarter. Wellington Management Group LLP now owns 2,229,462 shares of the business services provider’s stock valued at $63,784,000 after buying an additional 96,100 shares during the period. Renaissance Technologies LLC increased its position in shares of WNS (Holdings) Limited by 0.7% in the first quarter. Renaissance Technologies LLC now owns 1,408,223 shares of the business services provider’s stock worth $40,289,000 after buying an additional 9,423 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of WNS (Holdings) Limited by 46.8% in the first quarter. Acadian Asset Management LLC now owns 1,358,337 shares of the business services provider’s stock worth $38,862,000 after buying an additional 433,104 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of WNS (Holdings) Limited by 6.9% in the first quarter. Victory Capital Management Inc. now owns 1,149,478 shares of the business services provider’s stock worth $32,886,000 after buying an additional 74,076 shares during the last quarter. 86.78% of the stock is currently owned by institutional investors and hedge funds.

Shares of WNS (NYSE WNS) traded up 0.49% during mid-day trading on Friday, reaching $34.87. The company’s stock had a trading volume of 95,692 shares. The firm has a market cap of $1.76 billion, a P/E ratio of 43.64 and a beta of 0.97. The firm’s 50-day moving average price is $34.43 and its 200 day moving average price is $31.27. WNS has a 12-month low of $24.82 and a 12-month high of $36.07.

WNS (Holdings) Limited (NYSE:WNS) last announced its quarterly earnings results on Thursday, July 20th. The business services provider reported $0.45 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.45. WNS (Holdings) Limited had a return on equity of 18.73% and a net margin of 6.66%. The firm had revenue of $175.30 million during the quarter, compared to analyst estimates of $162.73 million. During the same quarter in the previous year, the business earned $0.45 EPS. WNS (Holdings) Limited’s revenue for the quarter was up 18.4% compared to the same quarter last year. On average, analysts expect that WNS will post $1.99 EPS for the current year.

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A number of research analysts have recently issued reports on the company. Bank of America Corporation upped their price target on WNS (Holdings) Limited from $37.00 to $38.00 and gave the company a “buy” rating in a report on Friday, July 21st. Cowen and Company raised WNS (Holdings) Limited from a “market perform” rating to an “outperform” rating and set a $38.00 price target on the stock in a report on Wednesday, June 14th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $38.00 price target on shares of WNS (Holdings) Limited in a report on Thursday, June 29th. Zacks Investment Research cut WNS (Holdings) Limited from a “buy” rating to a “hold” rating in a research report on Saturday, May 27th. Finally, Citigroup Inc. upped their price objective on WNS (Holdings) Limited from $38.00 to $40.00 and gave the company a “buy” rating in a research report on Friday, July 21st. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. WNS (Holdings) Limited currently has an average rating of “Buy” and an average price target of $38.50.

WNS (Holdings) Limited Company Profile

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.

Institutional Ownership by Quarter for WNS (Holdings) Limited (NYSE:WNS)

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