WNS (Holdings) Limited (NYSE:WNS) Stock Holdings Lowered by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC trimmed its holdings in shares of WNS (Holdings) Limited (NYSE:WNS) by 3.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 572,724 shares of the business services provider’s stock after selling 18,328 shares during the period. Allspring Global Investments Holdings LLC’s holdings in WNS were worth $30,188,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Diamond Hill Capital Management Inc. boosted its stake in shares of WNS by 11.9% during the 2nd quarter. Diamond Hill Capital Management Inc. now owns 1,777,557 shares of the business services provider’s stock worth $93,322,000 after acquiring an additional 188,616 shares in the last quarter. Bank of New York Mellon Corp increased its stake in WNS by 478.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 154,725 shares of the business services provider’s stock worth $8,123,000 after purchasing an additional 127,960 shares in the last quarter. Westfield Capital Management Co. LP raised its holdings in WNS by 12.2% during the 1st quarter. Westfield Capital Management Co. LP now owns 1,170,420 shares of the business services provider’s stock worth $59,141,000 after buying an additional 127,605 shares during the period. Norden Group LLC raised its holdings in WNS by 1,545.9% during the 1st quarter. Norden Group LLC now owns 77,209 shares of the business services provider’s stock worth $3,901,000 after buying an additional 72,518 shares during the period. Finally, Rhumbline Advisers lifted its stake in WNS by 426.6% during the second quarter. Rhumbline Advisers now owns 69,021 shares of the business services provider’s stock valued at $3,624,000 after buying an additional 55,913 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Stock Up 2.9 %

Shares of WNS opened at $47.82 on Thursday. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.23. The stock has a market cap of $2.29 billion and a price-to-earnings ratio of 16.90. WNS has a 12 month low of $39.85 and a 12 month high of $72.57. The company has a 50-day moving average price of $54.02 and a two-hundred day moving average price of $52.69.

Analyst Ratings Changes

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

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.