Hunter Perkins Capital Management LLC Has $615,000 Stock Holdings in WNS (Holdings) Limited (NYSE:WNS)

Hunter Perkins Capital Management LLC grew its holdings in WNS (Holdings) Limited (NYSE:WNS) by 58.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,670 shares of the business services provider’s stock after buying an additional 4,300 shares during the period. Hunter Perkins Capital Management LLC’s holdings in WNS were worth $615,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in WNS by 228.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock worth $27,000 after purchasing an additional 364 shares during the last quarter. GAMMA Investing LLC lifted its holdings in WNS by 64.1% during the 2nd quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock worth $33,000 after purchasing an additional 248 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in WNS during the 1st quarter worth approximately $38,000. Harbor Investment Advisory LLC lifted its holdings in WNS by 32.0% during the 1st quarter. Harbor Investment Advisory LLC now owns 1,517 shares of the business services provider’s stock worth $77,000 after purchasing an additional 368 shares during the last quarter. Finally, Amalgamated Bank acquired a new stake in WNS during the 2nd quarter worth approximately $84,000. 97.36% of the stock is owned by institutional investors and hedge funds.

WNS Price Performance

NYSE WNS traded up $0.33 during trading hours on Wednesday, hitting $49.70. The company had a trading volume of 124,320 shares, compared to its average volume of 462,813. The firm has a market capitalization of $2.38 billion and a price-to-earnings ratio of 17.38. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.60 and a current ratio of 1.60. The firm has a 50 day simple moving average of $55.22 and a 200 day simple moving average of $52.83. WNS has a 52 week low of $39.85 and a 52 week high of $72.57.

WNS (NYSE:WNS) last issued its quarterly earnings results on Thursday, July 18th. The business services provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. The firm had revenue of $312.40 million during the quarter, compared to the consensus estimate of $310.49 million. WNS had a return on equity of 22.05% and a net margin of 10.52%. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the company posted $0.76 EPS. Equities research analysts expect that WNS will post 3.71 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on WNS shares. Needham & Company LLC boosted their target price on WNS from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Barrington Research reaffirmed an “outperform” rating and issued a $70.00 price objective on shares of WNS in a research note on Thursday, August 22nd. Citigroup lowered their price objective on WNS from $67.00 to $61.00 and set a “buy” rating for the company in a research note on Monday. JPMorgan Chase & Co. upped their price objective on WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, September 6th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a report on Thursday, October 3rd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $64.83.

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.