BKM Wealth Management LLC Purchases 1,715 Shares of WNS (Holdings) Limited (NYSE:WNS)

BKM Wealth Management LLC boosted its position in WNS (Holdings) Limited (NYSE:WNS) by 15.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,687 shares of the business services provider’s stock after acquiring an additional 1,715 shares during the period. BKM Wealth Management LLC’s holdings in WNS were worth $601,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of WNS. Thrivent Financial for Lutherans purchased a new position in WNS during the 3rd quarter valued at about $61,726,000. State Street Corp raised its holdings in WNS by 40.5% in the third quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock worth $39,182,000 after buying an additional 214,417 shares during the last quarter. Principal Financial Group Inc. raised its holdings in WNS by 3,523.4% in the fourth quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider’s stock worth $7,219,000 after buying an additional 148,122 shares during the last quarter. FMR LLC raised its holdings in WNS by 2.1% in the third quarter. FMR LLC now owns 4,898,543 shares of the business services provider’s stock worth $258,202,000 after buying an additional 99,195 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in WNS by 15,848.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider’s stock worth $4,059,000 after buying an additional 85,108 shares during the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

WNS Stock Down 0.7 %

Shares of WNS stock opened at $58.46 on Tuesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. WNS has a 1 year low of $39.85 and a 1 year high of $65.03. The firm’s 50-day moving average is $51.43 and its two-hundred day moving average is $52.65. The stock has a market cap of $2.79 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 2.18 and a beta of 1.19.

WNS (NYSE:WNS) last released its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.37%. As a group, research analysts expect that WNS will post 3.8 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on WNS shares. Robert W. Baird lifted their price target on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. StockNews.com upgraded shares of WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Jefferies Financial Group cut their target price on shares of WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. Finally, Needham & Company LLC boosted their target price on shares of WNS from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $61.00.

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.