Dynamic Technology Lab Private Ltd Invests $1.64 Million in WNS (Holdings) Limited (NYSE:WNS)

Dynamic Technology Lab Private Ltd purchased a new position in shares of WNS (Holdings) Limited (NYSE:WNS) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 31,173 shares of the business services provider’s stock, valued at approximately $1,644,000. Dynamic Technology Lab Private Ltd owned approximately 0.07% of WNS as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its holdings in shares of WNS by 228.9% during the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock worth $27,000 after acquiring an additional 364 shares during the period. GAMMA Investing LLC raised its holdings in shares of WNS by 64.1% during the second quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock worth $33,000 after acquiring an additional 248 shares during the period. Financial Management Professionals Inc. acquired a new stake in shares of WNS during the third quarter worth $46,000. Amalgamated Bank acquired a new stake in shares of WNS during the second quarter worth $84,000. Finally, Blue Trust Inc. raised its holdings in shares of WNS by 1,151.2% during the third quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock worth $140,000 after acquiring an additional 2,452 shares during the period. 97.36% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on WNS. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a report on Thursday, October 3rd. JPMorgan Chase & Co. lifted their price target on shares of WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, September 6th. Barrington Research reiterated an “outperform” rating and issued a $70.00 price target on shares of WNS in a research note on Friday, October 18th. Citigroup set a $55.00 price target on shares of WNS in a research note on Thursday, October 17th. Finally, TD Cowen downgraded shares of WNS from a “buy” rating to a “hold” rating and decreased their price objective for the company from $64.00 to $53.00 in a research report on Thursday, October 17th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $60.33.

WNS Trading Up 1.8 %

Shares of WNS opened at $53.00 on Tuesday. The firm has a 50-day moving average of $50.42 and a 200-day moving average of $53.32. WNS has a one year low of $39.85 and a one year high of $72.57. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62.

WNS (NYSE:WNS) last announced its earnings results on Thursday, October 17th. The business services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.78 by $0.21. The business had revenue of $310.70 million during the quarter, compared to the consensus estimate of $313.66 million. WNS had a net margin of 9.39% and a return on equity of 22.76%. Sell-side analysts anticipate that WNS will post 3.52 earnings per share for the current year.

WNS Company Profile

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.