Allspring Global Investments Holdings LLC Has $25.67 Million Holdings in WNS (Holdings) Limited (NYSE:WNS)

Allspring Global Investments Holdings LLC trimmed its position in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 541,641 shares of the business services provider's stock after selling 31,083 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 1.13% of WNS worth $25,668,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC boosted its position in WNS by 728.1% during the 3rd quarter. Jane Street Group LLC now owns 52,974 shares of the business services provider's stock worth $2,792,000 after buying an additional 46,577 shares during the period. State Street Corp raised its stake in shares of WNS by 40.5% during the third quarter. State Street Corp now owns 743,343 shares of the business services provider's stock valued at $39,182,000 after acquiring an additional 214,417 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of WNS by 15,848.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider's stock worth $4,059,000 after purchasing an additional 85,108 shares during the period. TimesSquare Capital Management LLC grew its stake in shares of WNS by 17.1% in the third quarter. TimesSquare Capital Management LLC now owns 377,825 shares of the business services provider's stock worth $19,915,000 after purchasing an additional 55,306 shares during the last quarter. Finally, Citigroup Inc. increased its holdings in WNS by 90.0% in the third quarter. Citigroup Inc. now owns 67,333 shares of the business services provider's stock valued at $3,549,000 after purchasing an additional 31,886 shares during the period. 97.36% of the stock is currently owned by institutional investors.

WNS Stock Up 0.4 %

WNS traded up $0.25 during midday trading on Wednesday, hitting $58.31. The company had a trading volume of 509,402 shares, compared to its average volume of 516,632. The stock's 50 day moving average price is $51.78 and its 200 day moving average price is $52.65. WNS has a 52 week low of $39.85 and a 52 week high of $65.03. The company has a market capitalization of $2.70 billion, a price-to-earnings ratio of 20.39, a PEG ratio of 2.13 and a beta of 1.19. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS - Get Free Report) last issued its earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. On average, research analysts anticipate that WNS will post 3.8 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on WNS shares. Robert W. Baird increased their price target on WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Jefferies Financial Group lowered their price target on shares of WNS from $60.00 to $55.00 and set a "buy" rating for the company in a report on Tuesday, January 21st. Needham & Company LLC upped their price objective on shares of WNS from $60.00 to $65.00 and gave the company a "buy" rating in a research note on Thursday, January 23rd. Finally, StockNews.com upgraded shares of WNS from a "hold" rating to a "buy" rating in a research report on Friday, January 24th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $61.00.

WNS 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.