Should You Hold WNS (Holdings) Limited (WNS)?

Diamond Hill Capital, an investment management company, released its “Small Cap Strategy” fourth-quarter 2022 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund returned 6.98% net of fees, outperforming the benchmark Russell 2000 Index, which returned 6.23%. Strength in health care, consumer discretionary, and materials holdings contributed to the fund’s outperformance in the quarter while holdings in energy and information technology detracted from the performance.  In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.

Diamond Hill Capital highlighted stocks like WNS (Holdings) Limited (NYSE:WNS) in its Q4 2022 investor letter. Headquartered in Mumbai, India, WNS (Holdings) Limited (NYSE:WNS) is a business process management company. On January 26, 2023, WNS (Holdings) Limited (NYSE:WNS) stock closed at $85.87 per share. One-month return of WNS (Holdings) Limited (NYSE:WNS) was 7.35%, and its shares gained 2.31% of their value over the last 52 weeks. WNS (Holdings) Limited (NYSE:WNS) has a market capitalization of $4.039 billion.

Diamond Hill Capital made the following comment about WNS (Holdings) Limited (NYSE:WNS) in its Q4 2022 investor letter:

“Other bottom contributors included Allegiant Travel, Concrete Pumping Holdings and WNS (Holdings) Limited (NYSE:WNS). Shares of business process management (BPM) company WNS modestly consolidated calendar year gains in Q4. However, we maintain our belief shares trade at a discount to intrinsic value given the opportunity WNS has to offer a combination of process efficiencies and cost savings to clients, thereby growing its recurring-revenue base.”

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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 third quarter, which was 19 in the previous quarter.

We discussed WNS (Holdings) Limited (NYSE:WNS) in another article and shared the list of stocks whose price targets were recently raised by analysts. In addition, please check out our hedge fund investor letters Q4 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.