Corient Private Wealth LLC Decreases Position in WNS (Holdings) Limited (NYSE:WNS)

Corient Private Wealth LLC decreased its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 30.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,459 shares of the business services provider's stock after selling 8,905 shares during the quarter. Corient Private Wealth LLC's holdings in WNS were worth $970,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WNS. Blue Trust Inc. increased its holdings in shares of WNS by 65.0% during the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider's stock worth $208,000 after buying an additional 1,732 shares during the last quarter. Mount Yale Investment Advisors LLC increased its stake in WNS by 18.1% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider's stock worth $249,000 after acquiring an additional 805 shares during the last quarter. DGS Capital Management LLC purchased a new stake in WNS in the third quarter valued at $291,000. Central Pacific Bank Trust Division lifted its stake in shares of WNS by 29.5% in the 4th quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider's stock valued at $329,000 after purchasing an additional 1,580 shares during the last quarter. Finally, Verition Fund Management LLC purchased a new position in shares of WNS during the 3rd quarter worth $392,000. Institutional investors and hedge funds own 97.36% of the company's stock.

WNS Price Performance

WNS stock traded up $0.33 on Monday, reaching $61.65. 531,677 shares of the company's stock were exchanged, compared to its average volume of 526,712. The stock has a fifty day moving average of $59.64 and a 200-day moving average of $53.05. The firm has a market cap of $2.85 billion, a PE ratio of 21.55, a P/E/G ratio of 2.10 and a beta of 1.22. 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 has a twelve month low of $39.85 and a twelve month high of $65.26.

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

Analysts Set New Price Targets

Several brokerages recently issued reports on WNS. StockNews.com upgraded shares of WNS from a "hold" rating to a "buy" rating in a report on Friday, January 24th. Jefferies Financial Group decreased their price objective on shares of WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a report on Tuesday, January 21st. Robert W. Baird lifted their target price on shares of WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Barrington Research increased their target price on WNS from $63.00 to $75.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 26th. Finally, Needham & Company LLC boosted their price target on shares of WNS from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Tuesday, March 11th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $62.25.

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.