Summit Creek Advisors LLC Has $15.81 Million Stake in WNS (Holdings) Limited (NYSE:WNS)

Summit Creek Advisors LLC grew its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 10.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 333,501 shares of the business services provider’s stock after buying an additional 32,897 shares during the quarter. WNS accounts for approximately 2.1% of Summit Creek Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. Summit Creek Advisors LLC owned 0.70% of WNS worth $15,805,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Blue Trust Inc. lifted its position in shares of WNS by 65.0% during the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock worth $208,000 after buying an additional 1,732 shares in the last quarter. Mount Yale Investment Advisors LLC lifted its position in shares of 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 in the last quarter. DGS Capital Management LLC bought a new position in shares of WNS during the 3rd quarter worth approximately $291,000. Central Pacific Bank Trust Division lifted its position in shares of WNS by 29.5% during the 4th quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider’s stock worth $329,000 after buying an additional 1,580 shares in the last quarter. Finally, Verition Fund Management LLC bought a new position in shares of WNS during the 3rd quarter worth approximately $392,000. Institutional investors own 97.36% of the company’s stock.

Analysts Set New Price Targets

WNS has been the topic of several recent analyst reports. Needham & Company LLC lifted their target price on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, March 11th. StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a report on Friday, January 24th. 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 report on Friday, January 24th. Finally, Jefferies Financial Group lowered their price target on shares of WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.63.

WNS Stock Down 1.8 %

WNS stock opened at $62.49 on Monday. WNS has a 1-year low of $39.85 and a 1-year high of $65.03. The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of 21.85, a P/E/G ratio of 2.10 and a beta of 1.22. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. The firm has a 50 day simple moving average of $57.51 and a 200 day simple moving average of $52.75.

WNS (NYSE:WNS) last released its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. On average, analysts predict that WNS will post 3.8 earnings per share for the current year.

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.