Diamond Hill Capital Management Inc. Reduces Position in WNS (Holdings) Limited (NYSE:WNS)

Diamond Hill Capital Management Inc. lessened its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 10.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,373,427 shares of the business services provider’s stock after selling 154,084 shares during the quarter. Diamond Hill Capital Management Inc. owned about 2.87% of WNS worth $65,087,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in WNS. Blue Trust Inc. grew its stake in WNS by 65.0% during the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock worth $208,000 after buying an additional 1,732 shares during the last quarter. Mount Yale Investment Advisors LLC grew its stake in WNS by 18.1% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock worth $249,000 after buying an additional 805 shares during the last quarter. DGS Capital Management LLC acquired a new stake in WNS during the 3rd quarter worth approximately $291,000. Central Pacific Bank Trust Division lifted its position in WNS by 29.5% during the 4th quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider’s stock worth $329,000 after acquiring an additional 1,580 shares during the period. Finally, Entropy Technologies LP acquired a new stake in WNS during the 3rd quarter worth approximately $331,000. Hedge funds and other institutional investors own 97.36% of the company’s stock.

WNS Price Performance

Shares of NYSE:WNS opened at $59.37 on Friday. The company has a market cap of $2.74 billion, a P/E ratio of 20.76, a P/E/G ratio of 2.10 and a beta of 1.22. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. WNS has a 52 week low of $39.85 and a 52 week high of $65.03. The business has a fifty day simple moving average of $55.35 and a 200-day simple moving average of $52.66.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. Equities research analysts forecast that WNS will post 3.8 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Needham & Company LLC increased their price objective on WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday. StockNews.com raised WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Robert W. Baird increased their price objective on WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, Jefferies Financial Group decreased their price objective on WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $61.63.

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.