Is WNS a High Growth Company?

Diamond Hill Capital, an investment management company, released its “Small Cap Strategy” third-quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, the strategy returned -1.50% net of fees compared to a -2.19% return for the Russell 2000 Index. Investment in consumer staples, technology, and financial sectors contributed positively to the strategy’s performance. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.

Diamond Hill Capital discussed stocks like WNS (Holdings) Limited (NYSE:WNS) in the Q3 2022 investor letter. Headquartered in Mumbai, India, WNS (Holdings) Limited (NYSE:WNS) is a global business process management company. On October 24, 2022, WNS (Holdings) Limited (NYSE:WNS) stock closed at $81.65 per share. One-month return of WNS (Holdings) Limited (NYSE:WNS) was 3.80% and its shares lost 3.98% of their value over the last 52 weeks. WNS (Holdings) Limited (NYSE:WNS) has a market capitalization of $3.92 billion.

Diamond Hill Capital made the following comment about WNS (Holdings) Limited (NYSE:WNS) in its Q3 2022 investor letter:

“Other top contributors included WNS (Holdings) Limited (NYSE:WNS), BOK Financial and Webster Financial. Shares of business process management (BPM) company WNS rose after the company reported strong revenue and earnings. WNS has an attractive recurring revenue business model, and customers face meaningful switching costs, leading to higher retention rates. The BPM industry has a substantial growth opportunity, in our view, that is likely to be accelerated in a post-COVID world as companies continue focusing on cost management and operational efficiency.”

WNS (Holdings) Limited (NYSE:WNS) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 19 hedge fund portfolios held WNS (Holdings) Limited (NYSE:WNS) at the end of the second quarter, which was 20 in the previous quarter.

We discussed WNS (Holdings) Limited (NYSE:WNS) in another article and shared stocks that Campbell Wilson’s Old Well Partners is buying. In addition, please check out our hedge fund investor letters Q3 2022 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.