Lenox Wealth Management Inc. Reduces Holdings in WNS (Holdings) Limited (NYSE:WNS)

Lenox Wealth Management Inc. lessened its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 3.4% during the third quarter, Holdings Channel reports. The institutional investor owned 15,007 shares of the business services provider’s stock after selling 535 shares during the quarter. Lenox Wealth Management Inc.’s holdings in WNS were worth $881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Confluence Investment Management LLC lifted its position in shares of WNS by 10.0% during the 3rd quarter. Confluence Investment Management LLC now owns 4,864 shares of the business services provider’s stock valued at $286,000 after buying an additional 442 shares during the last quarter. Congress Asset Management Co. MA lifted its position in shares of WNS by 0.5% during the 3rd quarter. Congress Asset Management Co. MA now owns 98,476 shares of the business services provider’s stock valued at $5,785,000 after buying an additional 461 shares during the last quarter. Royal Bank of Canada lifted its position in shares of WNS by 110.9% during the 2nd quarter. Royal Bank of Canada now owns 989 shares of the business services provider’s stock valued at $58,000 after buying an additional 520 shares during the last quarter. American Beacon Advisors Inc. purchased a new position in shares of WNS during the 3rd quarter valued at $33,000. Finally, M&T Bank Corp lifted its position in shares of WNS by 22.6% during the 2nd quarter. M&T Bank Corp now owns 4,648 shares of the business services provider’s stock valued at $275,000 after buying an additional 857 shares during the last quarter. 94.86% of the stock is currently owned by hedge funds and other institutional investors.

WNS has been the topic of a number of analyst reports. Wedbush reiterated an “outperform” rating on shares of WNS in a research note on Tuesday, July 16th. Cowen boosted their price objective on WNS from $62.00 to $70.00 and gave the company an “outperform” rating in a research note on Friday, July 19th. Robert W. Baird boosted their price objective on WNS from $66.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Citigroup boosted their price objective on WNS from $69.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, October 18th. Finally, ValuEngine lowered WNS from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. WNS has a consensus rating of “Buy” and a consensus target price of $69.64.

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Shares of NYSE:WNS remained flat at $$61.97 during midday trading on Friday. The company had a trading volume of 126,109 shares, compared to its average volume of 160,304. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.35. WNS has a 12 month low of $39.24 and a 12 month high of $65.99. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 27.54, a price-to-earnings-growth ratio of 2.05 and a beta of 1.15. The business’s 50 day moving average price is $60.52 and its two-hundred day moving average price is $59.58.

WNS (NYSE:WNS) last released its quarterly earnings data on Thursday, October 17th. The business services provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.12. The company had revenue of $220.70 million for the quarter, compared to analyst estimates of $216.08 million. WNS had a return on equity of 23.57% and a net margin of 13.47%. The firm’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.65 EPS. As a group, equities analysts anticipate that WNS will post 2.41 earnings per share for the current year.

WNS Profile

WNS (Holdings) Limited, a business process management company, together with its subsidiaries, provides data, voice, analytical, and business transformation services worldwide. It operates through two segments, WNS Global BPM and WNS Auto Claims BPM. The company offers industry-specific services to clients primarily in insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; utilities; consulting and professional services; healthcare; banking and financial services; and shipping and logistics industries.

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Institutional Ownership by Quarter for WNS (NYSE:WNS)

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