WNS (Holdings) Limited $WNS Stake Lessened by Central Pacific Bank Trust Division

Central Pacific Bank Trust Division lowered its holdings in WNS (Holdings) Limited (NYSE:WNS) by 22.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,260 shares of the business services provider’s stock after selling 1,240 shares during the period. Central Pacific Bank Trust Division’s holdings in WNS were worth $269,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Quarry LP purchased a new stake in shares of WNS in the first quarter valued at $47,000. NBC Securities Inc. purchased a new stake in shares of WNS during the first quarter worth $96,000. KBC Group NV purchased a new stake in shares of WNS during the first quarter worth $109,000. Ironwood Wealth Management LLC. purchased a new stake in shares of WNS during the first quarter worth $209,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of WNS during the first quarter worth $216,000. Hedge funds and other institutional investors own 97.36% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Jefferies Financial Group reiterated a “hold” rating and set a $76.50 price objective (down from $80.00) on shares of WNS in a report on Tuesday, July 8th. Needham & Company LLC lowered WNS from a “moderate buy” rating to a “hold” rating in a report on Monday, July 7th. Wall Street Zen lowered WNS from a “buy” rating to a “hold” rating in a report on Saturday, July 12th. Deutsche Bank Aktiengesellschaft assumed coverage on WNS in a report on Thursday, July 17th. They set a “hold” rating and a $76.50 price objective for the company. Finally, William Blair lowered WNS from a “strong-buy” rating to a “market perform” rating in a report on Monday, July 7th. Two research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $67.43.

WNS Price Performance

NYSE WNS opened at $75.66 on Monday. WNS has a fifty-two week low of $42.62 and a fifty-two week high of $75.84. The stock’s 50-day moving average is $75.07 and its two-hundred day moving average is $65.57. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.47 and a quick ratio of 1.47. The firm has a market cap of $3.25 billion, a P/E ratio of 21.08, a price-to-earnings-growth ratio of 2.25 and a beta of 0.91.

WNS (NYSE:WNS) last posted its earnings results on Thursday, July 24th. The business services provider reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.05. WNS had a return on equity of 22.90% and a net margin of 12.11%.The company had revenue of $339.90 million for the quarter, compared to analyst estimates of $323.13 million. During the same period last year, the company earned $0.93 earnings per share. The business’s revenue was up 9.5% compared to the same quarter last year. On average, analysts anticipate that WNS will post 3.8 earnings per share for the current fiscal year.

WNS 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.