Harbor Capital Advisors Inc. Sells 7,159 Shares of WNS (Holdings) Limited (NYSE:WNS)

Harbor Capital Advisors Inc. cut its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 19.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,789 shares of the business services provider’s stock after selling 7,159 shares during the quarter. Harbor Capital Advisors Inc. owned approximately 0.06% of WNS worth $1,570,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of WNS. Norden Group LLC grew its holdings in shares of WNS by 49.1% during the 1st quarter. Norden Group LLC now owns 6,993 shares of the business services provider’s stock valued at $353,000 after purchasing an additional 2,302 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of WNS in the 1st quarter valued at about $816,000. Capstone Investment Advisors LLC purchased a new stake in WNS during the 1st quarter valued at about $346,000. Central Pacific Bank Trust Division purchased a new stake in WNS during the 1st quarter valued at about $227,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in WNS during the 1st quarter worth approximately $38,000. 97.36% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on WNS shares. JPMorgan Chase & Co. increased their price objective on WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, September 6th. TD Cowen cut shares of WNS from a “buy” rating to a “hold” rating and dropped their price target for the company from $64.00 to $53.00 in a research report on Thursday, October 17th. Citigroup set a $55.00 price objective on shares of WNS in a research report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of WNS from $55.00 to $51.00 and set a “hold” rating for the company in a report on Thursday, October 3rd. Finally, Barrington Research restated an “outperform” rating and set a $70.00 price target on shares of WNS in a report on Friday, October 18th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $60.33.

WNS Trading Up 1.3 %

Shares of WNS opened at $48.34 on Wednesday. WNS has a 1-year low of $39.85 and a 1-year high of $72.57. The firm has a market capitalization of $2.31 billion and a price-to-earnings ratio of 18.59. The firm’s 50-day moving average price is $51.83 and its 200-day moving average price is $52.68. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23.

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.