Pembroke Management LTD Decreases Position in WNS (Holdings) Limited (NYSE:WNS)

Pembroke Management LTD lowered its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 15.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 630,397 shares of the business services provider’s stock after selling 112,400 shares during the period. WNS makes up approximately 2.2% of Pembroke Management LTD’s portfolio, making the stock its 12th largest position. Pembroke Management LTD owned about 1.25% of WNS worth $23,009,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Macquarie Group Ltd. lifted its position in shares of WNS by 12.0% during the 3rd quarter. Macquarie Group Ltd. now owns 1,211,191 shares of the business services provider’s stock worth $44,208,000 after purchasing an additional 129,938 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of WNS by 1.5% during the 2nd quarter. Victory Capital Management Inc. now owns 1,166,436 shares of the business services provider’s stock worth $40,079,000 after purchasing an additional 16,958 shares during the last quarter. Neumeier Poma Investment Counsel LLC lifted its position in shares of WNS by 10.8% during the 2nd quarter. Neumeier Poma Investment Counsel LLC now owns 1,112,925 shares of the business services provider’s stock worth $38,240,000 after purchasing an additional 108,175 shares during the last quarter. Westfield Capital Management Co. LP lifted its position in WNS by 13.2% in the second quarter. Westfield Capital Management Co. LP now owns 835,890 shares of the business services provider’s stock valued at $28,721,000 after acquiring an additional 97,710 shares during the last quarter. Finally, Kennedy Capital Management Inc. lifted its position in WNS by 0.3% in the second quarter. Kennedy Capital Management Inc. now owns 718,124 shares of the business services provider’s stock valued at $24,675,000 after acquiring an additional 2,124 shares during the last quarter. Institutional investors and hedge funds own 86.03% of the company’s stock.

Shares of WNS (WNS) traded up $0.13 during mid-day trading on Thursday, reaching $40.90. 401,795 shares of the company traded hands, compared to its average volume of 198,571. WNS has a 1 year low of $25.99 and a 1 year high of $42.36. The firm has a market capitalization of $2,049.96, a price-to-earnings ratio of 25.92, a price-to-earnings-growth ratio of 1.78 and a beta of 1.02. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.18.

WNS (NYSE:WNS) last released its quarterly earnings results on Friday, October 27th. The business services provider reported $0.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.04. WNS had a net margin of 7.24% and a return on equity of 19.23%. The business had revenue of $182.30 million during the quarter, compared to analyst estimates of $175.36 million. During the same period last year, the business earned $0.42 EPS. The business’s revenue was up 26.9% on a year-over-year basis. sell-side analysts anticipate that WNS will post 1.59 earnings per share for the current fiscal year.

A number of research firms have commented on WNS. ValuEngine lowered shares of WNS from a “buy” rating to a “hold” rating in a research note on Thursday. Citigroup boosted their price target on shares of WNS from $40.00 to $43.00 and gave the stock a “buy” rating in a research note on Friday, October 13th. Barrington Research boosted their price target on shares of WNS from $40.00 to $44.00 and gave the stock an “outperform” rating in a research note on Monday, October 30th. Zacks Investment Research lowered shares of WNS from a “hold” rating to a “sell” rating in a research report on Wednesday, September 20th. Finally, Needham & Company LLC upped their price target on shares of WNS from $46.00 to $52.00 and gave the company a “strong-buy” rating in a report on Friday, December 1st. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. WNS presently has an average rating of “Buy” and a consensus target price of $42.83.

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About WNS

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.

Institutional Ownership by Quarter for WNS (NYSE:WNS)

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