WNS (NYSE:WNS) Downgraded by Deutsche Bank Aktiengesellschaft to “Hold”

Deutsche Bank Aktiengesellschaft lowered shares of WNS (NYSE:WNS) from a buy rating to a hold rating in a research report report published on Friday morning, MarketBeat reports. The brokerage currently has $44.00 price objective on the business services provider’s stock, down from their prior price objective of $64.00.

A number of other equities research analysts have also recently commented on WNS. Needham & Company LLC lowered their target price on WNS from $80.00 to $60.00 and set a buy rating on the stock in a report on Thursday, April 25th. Barrington Research reiterated an outperform rating and set a $72.00 target price on shares of WNS in a report on Monday, April 15th. Citigroup lowered their target price on WNS from $80.00 to $62.00 and set a buy rating on the stock in a report on Monday, April 22nd. Finally, StockNews.com cut WNS from a buy rating to a hold rating in a report on Tuesday, April 2nd. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus target price of $72.44.

WNS Stock Performance

WNS opened at $43.00 on Friday. The stock has a market cap of $2.06 billion, a P/E ratio of 15.19 and a beta of 1.04. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.71 and a quick ratio of 1.82. The stock’s 50 day simple moving average is $52.45 and its 200 day simple moving average is $58.24. WNS has a 1-year low of $39.85 and a 1-year high of $91.88.

WNS (NYSE:WNS) last released its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. The business had revenue of $325.90 million for the quarter, compared to analysts’ expectations of $322.92 million. WNS had a return on equity of 22.23% and a net margin of 10.59%. As a group, equities analysts anticipate that WNS will post 3.69 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Lindbrook Capital LLC grew its stake in shares of WNS by 33.0% during the fourth quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 187 shares in the last quarter. CWM LLC grew its stake in shares of WNS by 490.6% during the fourth quarter. CWM LLC now owns 756 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 628 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of WNS by 30.4% during the fourth quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock valued at $53,000 after acquiring an additional 196 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of WNS during the fourth quarter valued at about $64,000. Finally, Harbor Investment Advisory LLC grew its stake in shares of WNS by 32.0% during the first quarter. Harbor Investment Advisory LLC now owns 1,517 shares of the business services provider’s stock valued at $77,000 after acquiring an additional 368 shares in the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

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 two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; Hi-tech and professional services; and banking and financial services.