Aurora Investment Counsel Sells 758 Shares of WNS (Holdings) Limited $WNS

Aurora Investment Counsel cut its holdings in WNS (Holdings) Limited (NYSE:WNS) by 2.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,086 shares of the business services provider’s stock after selling 758 shares during the period. WNS makes up approximately 1.3% of Aurora Investment Counsel’s portfolio, making the stock its 26th biggest position. Aurora Investment Counsel’s holdings in WNS were worth $2,409,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of WNS in the 2nd quarter worth about $316,000. WCM Investment Management LLC raised its position in shares of WNS by 9.0% in the 2nd quarter. WCM Investment Management LLC now owns 388,037 shares of the business services provider’s stock worth $23,453,000 after acquiring an additional 32,093 shares in the last quarter. Allianz Asset Management GmbH bought a new stake in WNS in the 2nd quarter valued at about $3,470,000. J.Safra Asset Management Corp increased its position in WNS by 67.7% in the 2nd quarter. J.Safra Asset Management Corp now owns 483 shares of the business services provider’s stock valued at $29,000 after buying an additional 195 shares in the last quarter. Finally, Verdence Capital Advisors LLC raised its stake in WNS by 6.1% during the 2nd quarter. Verdence Capital Advisors LLC now owns 9,111 shares of the business services provider’s stock worth $576,000 after buying an additional 523 shares during the period. 97.36% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on WNS shares. Needham & Company LLC downgraded WNS from a “moderate buy” rating to a “hold” rating in a research note on Monday, July 7th. William Blair downgraded WNS from a “strong-buy” rating to a “market perform” rating in a research note on Monday, July 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of WNS in a research note on Wednesday, October 8th. Barrington Research downgraded WNS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft started coverage on WNS in a research note on Thursday, July 17th. They set a “hold” rating and a $76.50 price target on the stock. One equities research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $72.80.

WNS Stock Performance

Shares of WNS stock opened at $75.98 on Tuesday. The company has a market cap of $3.26 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 2.25 and a beta of 0.91. WNS has a 52 week low of $42.62 and a 52 week high of $76.48. The business has a 50 day moving average price of $75.81 and a 200-day moving average price of $68.25. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.18.

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