WNS (Holdings) Limited (NYSE:WNS) Shares Sold by US Bancorp DE

US Bancorp DE decreased its stake in shares of WNS (Holdings) Limited (NYSE:WNS) by 10.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,191 shares of the business services provider’s stock after selling 4,470 shares during the period. US Bancorp DE’s holdings in WNS were worth $2,066,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WNS. EverSource Wealth Advisors LLC increased its stake in shares of WNS by 228.9% during the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 364 shares during the period. GAMMA Investing LLC boosted its stake in WNS by 64.1% during the 2nd quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 248 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of WNS during the 1st quarter valued at $38,000. Financial Management Professionals Inc. bought a new stake in shares of WNS in the 3rd quarter worth $46,000. Finally, Amalgamated Bank acquired a new stake in shares of WNS in the second quarter valued at $84,000. 97.36% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. TD Cowen lowered WNS from a “buy” rating to a “hold” rating and lowered their target price for the stock from $64.00 to $53.00 in a report on Thursday, October 17th. JPMorgan Chase & Co. boosted their target price on shares of WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, September 6th. Citigroup set a $55.00 target price on shares of WNS in a research note on Thursday, October 17th. Barrington Research restated an “outperform” rating and issued a $70.00 price target on shares of WNS in a research report on Friday, October 18th. Finally, Needham & Company LLC cut their price objective on WNS from $70.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, October 18th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $60.33.

WNS Stock Up 5.5 %

Shares of NYSE:WNS opened at $51.02 on Thursday. The firm has a 50 day simple moving average of $51.66 and a 200 day simple moving average of $52.67. WNS has a 52 week low of $39.85 and a 52 week high of $72.57. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62. The company has a market cap of $2.44 billion and a PE ratio of 19.62.

WNS Company Profile

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.