Harbor Capital Advisors Inc. Buys 29,646 Shares of WNS (Holdings) Limited (NYSE:WNS)

Harbor Capital Advisors Inc. increased its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 406.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,948 shares of the business services provider’s stock after purchasing an additional 29,646 shares during the quarter. Harbor Capital Advisors Inc. owned 0.08% of WNS worth $1,940,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its stake in WNS by 64.1% in the second quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock valued at $33,000 after buying an additional 248 shares in the last quarter. Aurora Investment Counsel grew its position in WNS by 2.7% during the 1st quarter. Aurora Investment Counsel now owns 29,290 shares of the business services provider’s stock worth $1,480,000 after acquiring an additional 775 shares during the last quarter. Virtu Financial LLC raised its position in WNS by 10.1% in the first quarter. Virtu Financial LLC now owns 4,094 shares of the business services provider’s stock valued at $207,000 after purchasing an additional 375 shares during the last quarter. Silvercrest Asset Management Group LLC boosted its stake in shares of WNS by 2.2% during the first quarter. Silvercrest Asset Management Group LLC now owns 318,169 shares of the business services provider’s stock valued at $16,077,000 after purchasing an additional 6,722 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC bought a new stake in shares of WNS during the first quarter worth about $373,000. 97.36% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at WNS

In other WNS news, insider Omprakash Puria Sanjay 24,254 shares of WNS stock in a transaction on Tuesday, July 30th. The was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.95% of the stock is currently owned by insiders.

WNS Stock Down 1.8 %

Shares of NYSE WNS traded down $1.01 during trading on Wednesday, hitting $54.98. 170,909 shares of the company traded hands, compared to its average volume of 497,739. The firm has a market capitalization of $2.63 billion and a price-to-earnings ratio of 19.77. The business’s fifty day moving average is $53.99 and its 200 day moving average is $54.22. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.71 and a current ratio of 1.71. WNS has a fifty-two week low of $39.85 and a fifty-two week high of $74.54.

WNS (NYSE:WNS) last posted its quarterly earnings results on Thursday, July 18th. The business services provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. WNS had a return on equity of 21.60% and a net margin of 10.52%. The business had revenue of $312.40 million for the quarter, compared to the consensus estimate of $310.49 million. During the same period in the prior year, the business earned $0.76 EPS. The firm’s revenue for the quarter was down 1.6% on a year-over-year basis. Equities research analysts predict that WNS will post 3.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

WNS has been the topic of a number of research reports. Needham & Company LLC boosted their target price on shares of WNS from $60.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, July 19th. JPMorgan Chase & Co. raised their price objective on WNS from $55.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 17th. Citigroup reduced 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. TD Cowen dropped their price target on shares of WNS from $70.00 to $64.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of WNS from a “buy” rating to a “hold” rating and lowered their target price for the stock from $64.00 to $44.00 in a research note on Friday, April 26th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $64.57.

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.