Northern Trust Corp Raises Holdings in WNS (Holdings) Limited (NYSE:WNS)

Northern Trust Corp increased its position in WNS (Holdings) Limited (NYSE:WNS) by 28.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,476 shares of the business services provider’s stock after acquiring an additional 12,092 shares during the period. Northern Trust Corp owned approximately 0.11% of WNS worth $3,225,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advisors Preferred LLC acquired a new stake in shares of WNS in the 2nd quarter worth approximately $52,000. Janus Henderson Group PLC grew its holdings in shares of WNS by 12.9% in the 2nd quarter. Janus Henderson Group PLC now owns 780,336 shares of the business services provider’s stock worth $46,196,000 after acquiring an additional 89,330 shares during the period. LPL Financial LLC grew its holdings in shares of WNS by 60.2% in the 2nd quarter. LPL Financial LLC now owns 19,118 shares of the business services provider’s stock worth $1,132,000 after acquiring an additional 7,185 shares during the period. Calamos Advisors LLC acquired a new stake in shares of WNS in the 2nd quarter worth approximately $5,378,000. Finally, Pendal Group Ltd grew its holdings in shares of WNS by 55.9% in the 2nd quarter. Pendal Group Ltd now owns 120,660 shares of the business services provider’s stock worth $7,143,000 after acquiring an additional 43,270 shares during the period. Institutional investors and hedge funds own 94.34% of the company’s stock.

Shares of WNS stock opened at $59.97 on Friday. WNS has a fifty-two week low of $39.24 and a fifty-two week high of $65.00. The firm has a market cap of $3.00 billion, a PE ratio of 25.29, a P/E/G ratio of 2.05 and a beta of 1.12. The business’s fifty day moving average is $60.02 and its two-hundred day moving average is $58.53. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.06.

WNS (NYSE:WNS) last issued its quarterly earnings results on Thursday, July 18th. The business services provider reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.24. WNS had a return on equity of 23.92% and a net margin of 13.44%. The company had revenue of $214.60 million for the quarter, compared to analyst estimates of $207.51 million. During the same quarter in the prior year, the company posted $0.59 EPS. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. Equities research analysts anticipate that WNS will post 2.36 EPS for the current year.

A number of equities research analysts recently weighed in on the company. Berenberg Bank started coverage on WNS in a report on Friday, September 13th. They issued a “buy” rating and a $72.00 price target on the stock. Wedbush reiterated an “outperform” rating on shares of WNS in a report on Tuesday, July 16th. JPMorgan Chase & Co. lowered their target price on WNS from $73.00 to $72.00 and set an “overweight” rating on the stock in a report on Monday, October 7th. Cantor Fitzgerald increased their target price on WNS from $63.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, July 19th. Finally, Zacks Investment Research reiterated a “hold” rating on shares of WNS in a report on Saturday, September 28th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. WNS has an average rating of “Buy” and a consensus target price of $68.44.

WNS Company 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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