WNS (Holdings) Limited (NYSE:WNS) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lessened its stake in WNS (Holdings) Limited (NYSE:WNS) by 3.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 572,724 shares of the business services provider’s stock after selling 18,328 shares during the quarter. Allspring Global Investments Holdings LLC owned about 1.20% of WNS worth $30,188,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of WNS. Azzad Asset Management Inc. ADV lifted its holdings in WNS by 2.2% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 11,540 shares of the business services provider’s stock worth $583,000 after buying an additional 245 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of WNS by 64.1% in the second quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock worth $33,000 after acquiring an additional 248 shares in the last quarter. Legato Capital Management LLC boosted its holdings in WNS by 2.9% in the second quarter. Legato Capital Management LLC now owns 9,156 shares of the business services provider’s stock valued at $481,000 after purchasing an additional 259 shares during the last quarter. Inspire Advisors LLC boosted its holdings in WNS by 2.3% in the first quarter. Inspire Advisors LLC now owns 12,579 shares of the business services provider’s stock valued at $636,000 after purchasing an additional 287 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in WNS by 228.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 364 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

Analyst Ratings Changes

WNS has been the subject of several research analyst reports. Citigroup set a $55.00 target price on WNS in a research note on Thursday, October 17th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a research note on Thursday, October 3rd. Needham & Company LLC dropped their target price on shares of WNS from $70.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, October 18th. Barrington Research reaffirmed an “outperform” rating and set a $70.00 price target on shares of WNS in a research report on Friday, October 18th. Finally, JPMorgan Chase & Co. boosted their price objective on WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a report on Friday, September 6th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, WNS currently has a consensus rating of “Hold” and an average price target of $60.33.

WNS Stock Up 2.9 %

Shares of WNS stock opened at $47.82 on Thursday. WNS has a 1-year low of $39.85 and a 1-year high of $72.57. The business’s fifty day moving average price is $54.02 and its two-hundred day moving average price is $52.69. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.60 and a quick ratio of 1.60. The company has a market capitalization of $2.29 billion and a P/E ratio of 16.90.

About WNS

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.