abrdn plc Has $11.02 Million Holdings in WNS (Holdings) Limited (NYSE:WNS)

abrdn plc lowered its stake in WNS (Holdings) Limited (NYSE:WNS) by 6.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 234,918 shares of the business services provider’s stock after selling 15,297 shares during the period. abrdn plc’s holdings in WNS were worth $11,018,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Management Professionals Inc. acquired a new stake in shares of WNS in the third quarter worth about $46,000. GAMMA Investing LLC boosted its holdings in WNS by 237.2% during the third 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. lifted its holdings in shares of WNS by 1,151.2% during the third quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock worth $140,000 after buying an additional 2,452 shares during the last quarter. Signaturefd LLC boosted its position in shares of WNS by 150.0% in the third 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 increased its position 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 period. Institutional investors and hedge funds own 97.36% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on WNS shares. Robert W. Baird upped their target price on shares of 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 cut their target price on shares of WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday, January 21st. Barrington Research restated 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 objective on WNS in a research report on Thursday, October 17th. Finally, TD Cowen downgraded WNS from a “buy” rating to a “hold” rating and decreased their price objective for the company from $64.00 to $53.00 in a report on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, WNS has an average rating of “Moderate Buy” and a consensus target price of $61.00.

WNS Stock Performance

Shares of NYSE:WNS opened at $60.30 on Friday. WNS has a twelve month low of $39.85 and a twelve month high of $65.03. The firm has a market cap of $2.88 billion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 2.07 and a beta of 1.19. 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 business has a fifty day moving average of $50.51 and a 200-day moving average of $52.63.

WNS (NYSE:WNS) last announced its 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 net margin of 10.03% and a return on equity of 22.37%. On average, equities research analysts predict 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.