William Blair Investment Management LLC Acquires 53,433 Shares of WNS (Holdings) Limited (NYSE:WNS)

William Blair Investment Management LLC boosted its holdings in WNS (Holdings) Limited (NYSE:WNS) by 5.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,112,743 shares of the business services provider’s stock after acquiring an additional 53,433 shares during the quarter. William Blair Investment Management LLC’s holdings in WNS were worth $52,733,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in WNS. Thrivent Financial for Lutherans bought a new position in WNS in the 3rd quarter valued at about $61,726,000. State Street Corp lifted its position in WNS by 40.5% in the 3rd quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock valued at $39,182,000 after acquiring an additional 214,417 shares in the last quarter. Principal Financial Group Inc. lifted its position in WNS by 3,523.4% in the 4th quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider’s stock valued at $7,219,000 after acquiring an additional 148,122 shares in the last quarter. FMR LLC lifted its position in WNS by 2.1% in the 3rd quarter. FMR LLC now owns 4,898,543 shares of the business services provider’s stock valued at $258,202,000 after acquiring an additional 99,195 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its position in WNS by 15,848.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider’s stock valued at $4,059,000 after acquiring an additional 85,108 shares in the last quarter. Institutional investors own 97.36% of the company’s stock.

WNS Price Performance

Shares of NYSE:WNS opened at $63.63 on Tuesday. The stock has a market cap of $2.94 billion, a PE ratio of 22.25, a PEG ratio of 2.10 and a beta of 1.22. The company’s fifty day moving average is $55.98 and its 200 day moving average is $52.60. WNS has a 52 week low of $39.85 and a 52 week high of $65.03. 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 (NYSE:WNS) last issued its earnings results 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 return on equity of 22.25% and a net margin of 10.03%. Research analysts anticipate that WNS will post 3.8 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on WNS. StockNews.com upgraded shares of WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Needham & Company LLC increased their price objective on shares of WNS from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, March 11th. Robert W. Baird increased their price objective on shares of WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Jefferies Financial Group decreased their price objective on shares of WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $61.63.

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.