Sensato Investors LLC purchased a new stake in shares of WNS (Holdings) Limited (NYSE:WNS) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 69,500 shares of the business services provider’s stock, valued at approximately $2,789,000. Sensato Investors LLC owned approximately 0.14% of WNS at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Schroder Investment Management Group bought a new stake in shares of WNS during the 4th quarter worth about $17,305,000. Goldman Sachs Group Inc. increased its position in WNS by 232.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 431,082 shares of the business services provider’s stock worth $17,299,000 after acquiring an additional 301,228 shares during the period. Ranger Investment Management L.P. increased its position in WNS by 68.6% during the fourth quarter. Ranger Investment Management L.P. now owns 604,502 shares of the business services provider’s stock worth $24,259,000 after acquiring an additional 245,897 shares during the period. Russell Investments Group Ltd. increased its position in WNS by 228.1% during the third quarter. Russell Investments Group Ltd. now owns 272,284 shares of the business services provider’s stock worth $9,938,000 after acquiring an additional 189,308 shares during the period. Finally, Pier Capital LLC bought a new position in WNS during the third quarter worth $5,504,000. 86.41% of the stock is owned by institutional investors and hedge funds.
Shares of WNS (NYSE:WNS) opened at $45.86 on Wednesday. The stock has a market cap of $2,303.33, a price-to-earnings ratio of 26.62, a price-to-earnings-growth ratio of 1.94 and a beta of 0.88. The company has a quick ratio of 2.54, a current ratio of 2.54 and a debt-to-equity ratio of 0.16. WNS has a fifty-two week low of $27.43 and a fifty-two week high of $46.21.
WNS announced that its board has authorized a stock buyback program on Thursday, January 18th that permits the company to repurchase 3,300,000 outstanding shares. This repurchase authorization permits the business services provider to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its shares are undervalued.
A number of equities analysts recently issued reports on the stock. ValuEngine raised shares of WNS from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Cantor Fitzgerald reaffirmed a “buy” rating and set a $42.00 target price on shares of WNS in a research report on Friday, January 5th. SunTrust Banks boosted their target price on shares of WNS to $50.00 and gave the stock a “buy” rating in a research report on Friday, January 19th. Barrington Research boosted their target price on shares of WNS from $44.00 to $53.00 and gave the stock an “outperform” rating in a research report on Friday, January 19th. Finally, Loop Capital boosted their price target on shares of WNS to $50.00 and gave the company a “buy” rating in a report on Friday, January 19th. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $48.23.
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WNS Company Profile
WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.
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