Mount Yale Investment Advisors LLC Purchases New Position in WNS (Holdings) Limited (NYSE:WNS)

Mount Yale Investment Advisors LLC purchased a new stake in WNS (Holdings) Limited (NYSE:WNS) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,382 shares of the business services provider’s stock, valued at approximately $373,000.

Several other institutional investors have also bought and sold shares of WNS. Alliance Wealth Advisors LLC UT boosted its stake in WNS by 3.4% in the fourth quarter. Alliance Wealth Advisors LLC UT now owns 5,563 shares of the business services provider’s stock worth $352,000 after purchasing an additional 185 shares in the last quarter. Lindbrook Capital LLC boosted its stake in WNS by 33.0% in the fourth quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock worth $48,000 after purchasing an additional 187 shares in the last quarter. 1492 Capital Management LLC boosted its stake in WNS by 1.1% in the fourth quarter. 1492 Capital Management LLC now owns 18,556 shares of the business services provider’s stock worth $1,173,000 after purchasing an additional 196 shares in the last quarter. Parallel Advisors LLC boosted its stake in WNS by 30.4% in the fourth quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock worth $53,000 after purchasing an additional 196 shares in the last quarter. Finally, DGS Capital Management LLC boosted its stake in WNS by 6.3% in the fourth quarter. DGS Capital Management LLC now owns 3,405 shares of the business services provider’s stock worth $215,000 after purchasing an additional 203 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. StockNews.com lowered WNS from a “buy” rating to a “hold” rating in a research note on Tuesday, April 2nd. Barrington Research boosted their target price on WNS from $60.00 to $70.00 and gave the stock an “outperform” rating in a research report on Friday, July 19th. JPMorgan Chase & Co. boosted their target price on WNS from $55.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 17th. TD Cowen dropped their target price on WNS from $70.00 to $64.00 and set a “buy” rating for the company in a research report on Friday, April 26th. Finally, Needham & Company LLC boosted their target price on WNS from $60.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, WNS has a consensus rating of “Moderate Buy” and a consensus price target of $64.57.

WNS Trading Down 1.4 %

NYSE WNS traded down $0.82 on Monday, reaching $57.20. The company had a trading volume of 288,694 shares, compared to its average volume of 505,165. The stock’s 50 day moving average is $53.11 and its 200-day moving average is $54.60. The stock has a market cap of $2.73 billion and a price-to-earnings ratio of 20.25. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 0.13. WNS has a 52 week low of $39.85 and a 52 week high of $74.54.

WNS (NYSE:WNS) last released its quarterly earnings data on Thursday, July 18th. The business services provider reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. The business had revenue of $312.40 million during the quarter, compared to the consensus estimate of $310.49 million. WNS had a return on equity of 21.60% and a net margin of 10.52%. The firm’s revenue was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 earnings per share. Equities analysts predict that WNS will post 3.7 earnings per share for the current year.

About WNS

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.