Eqis Capital Management Inc. Boosts Position in WNS (Holdings) Limited (NYSE:WNS)

Eqis Capital Management Inc. grew its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 21.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,911 shares of the business services provider’s stock after purchasing an additional 7,418 shares during the period. Eqis Capital Management Inc. owned approximately 0.08% of WNS worth $2,233,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Townsquare Capital LLC bought a new stake in WNS in the fourth quarter worth about $256,000. Barclays PLC lifted its stake in WNS by 1,289.1% in the fourth quarter. Barclays PLC now owns 14,210 shares of the business services provider’s stock worth $587,000 after purchasing an additional 13,187 shares during the last quarter. Hsbc Holdings PLC bought a new stake in WNS in the third quarter worth about $214,000. Mckinley Capital Management LLC Delaware lifted its stake in WNS by 6.0% in the fourth quarter. Mckinley Capital Management LLC Delaware now owns 210,683 shares of the business services provider’s stock worth $8,693,000 after purchasing an additional 11,958 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in WNS in the fourth quarter worth about $335,000. Hedge funds and other institutional investors own 92.55% of the company’s stock.

WNS stock traded up $0.11 during trading on Friday, hitting $54.73. 134,866 shares of the company’s stock traded hands, compared to its average volume of 114,748. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 1.93 and a beta of 1.09. The company has a quick ratio of 1.97, a current ratio of 2.07 and a debt-to-equity ratio of 0.06. WNS has a 1 year low of $39.24 and a 1 year high of $57.56.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.16. The company had revenue of $206.60 million for the quarter, compared to analyst estimates of $207.29 million. WNS had a net margin of 13.04% and a return on equity of 23.64%. WNS’s revenue was up 4.2% compared to the same quarter last year. During the same period last year, the company posted $0.63 earnings per share. Analysts anticipate that WNS will post 2.3 EPS for the current fiscal year.

A number of brokerages have recently commented on WNS. Loop Capital raised their target price on shares of WNS to $65.00 and gave the stock a “buy” rating in a research report on Friday, January 18th. Cantor Fitzgerald raised their target price on shares of WNS to $61.00 and gave the stock an “overweight” rating in a research report on Friday, January 18th. Barrington Research raised their target price on shares of WNS from $60.00 to $68.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Zacks Investment Research raised shares of WNS from a “hold” rating to a “buy” rating and set a $63.00 target price on the stock in a research report on Friday, May 3rd. Finally, Wedbush raised their target price on shares of WNS from $55.00 to $65.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 2nd. Seven analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. WNS currently has an average rating of “Buy” and an average price target of $63.43.

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WNS Profile

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.

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Institutional Ownership by Quarter for WNS (NYSE:WNS)

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