Mesirow Institutional Investment Management Inc. Purchases New Holdings in WNS (Holdings) Limited (NYSE:WNS)

Mesirow Institutional Investment Management Inc. bought a new stake in WNS (Holdings) Limited (NYSE:WNS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 299,231 shares of the business services provider’s stock, valued at approximately $14,181,000. Mesirow Institutional Investment Management Inc. owned approximately 0.63% of WNS as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in WNS. Blue Trust Inc. raised its stake in shares of WNS by 65.0% in the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock valued at $208,000 after purchasing an additional 1,732 shares in the last quarter. Pictet Asset Management Holding SA acquired a new stake in WNS during the fourth quarter valued at approximately $213,000. Mount Yale Investment Advisors LLC lifted its holdings 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 position in shares of WNS in the 3rd quarter worth approximately $291,000. Finally, Central Pacific Bank Trust Division increased its holdings in shares of WNS by 29.5% in the 4th quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider’s stock valued at $329,000 after acquiring an additional 1,580 shares during the last quarter. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on WNS. Jefferies Financial Group lowered their target price 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. Barrington Research lifted their target price on WNS from $63.00 to $75.00 and gave the company an “outperform” rating in a research note on Wednesday, March 26th. Needham & Company LLC raised their price target on WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, March 11th. StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Finally, Robert W. Baird boosted their price target on shares of WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.25.

WNS Price Performance

Shares of NYSE:WNS opened at $66.54 on Friday. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 2.10 and a beta of 0.96. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. WNS has a 12 month low of $39.85 and a 12 month high of $72.11. The stock’s 50 day moving average price is $61.35 and its 200 day moving average price is $54.27.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share 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 22.25%. Equities research analysts anticipate that WNS will post 3.8 earnings per share for the current fiscal year.

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.