WNS (Holdings) Limited (NYSE:WNS) Stock Holdings Decreased by abrdn plc

abrdn plc lowered its stake in shares of WNS (Holdings) Limited (NYSE:WNS - Free Report) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 234,918 shares of the business services provider's stock after selling 15,297 shares during the period. abrdn plc owned approximately 0.49% of WNS worth $11,018,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Financial Management Professionals Inc. purchased a new position in shares of WNS in the 3rd quarter valued at $46,000. GAMMA Investing LLC raised its stake in shares of WNS by 237.2% in the 3rd quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider's stock valued at $113,000 after acquiring an additional 1,506 shares during the period. Blue Trust Inc. raised its stake in shares of WNS by 1,151.2% in the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider's stock valued at $140,000 after acquiring an additional 2,452 shares during the period. Signaturefd LLC raised its stake in shares of WNS by 150.0% in the 3rd quarter. Signaturefd LLC now owns 2,812 shares of the business services provider's stock valued at $148,000 after acquiring an additional 1,687 shares during the period. Finally, Mount Yale Investment Advisors LLC raised its stake in shares of WNS by 18.1% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider's stock valued at $249,000 after acquiring an additional 805 shares during the period. Hedge funds and other institutional investors own 97.36% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WNS. Needham & Company LLC raised their price target on shares of WNS from $60.00 to $65.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. StockNews.com raised shares of WNS from a "hold" rating to a "buy" rating in a report on Friday, January 24th. Citigroup set a $55.00 price target on shares of WNS in a report on Thursday, October 17th. TD Cowen lowered shares of WNS from a "buy" rating to a "hold" rating and lowered their price target for the company from $64.00 to $53.00 in a report on Thursday, October 17th. Finally, 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. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $61.00.

WNS Stock Performance

Shares of WNS stock traded down $1.12 during trading hours on Tuesday, reaching $59.61. The company's stock had a trading volume of 284,365 shares, compared to its average volume of 544,695. The company's 50 day simple moving average is $50.78 and its 200 day simple moving average is $52.64. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62. WNS has a one year low of $39.85 and a one year high of $65.03. The stock has a market cap of $2.85 billion, a P/E ratio of 20.84, a price-to-earnings-growth ratio of 2.18 and a beta of 1.19.

WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.37%. As a group, analysts expect that WNS will post 3.8 EPS for the current fiscal year.

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.