WNS (Holdings) Limited (NYSE:WNS) Shares Sold by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC decreased its position in WNS (Holdings) Limited (NYSE:WNS) by 57.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,492 shares of the business services provider’s stock after selling 5,973 shares during the quarter. Verdence Capital Advisors LLC’s holdings in WNS were worth $284,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. FMR LLC boosted its stake in shares of WNS by 1.7% during the 3rd quarter. FMR LLC now owns 4,121,499 shares of the business services provider’s stock valued at $282,158,000 after buying an additional 70,820 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of WNS by 36.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,034,729 shares of the business services provider’s stock valued at $139,298,000 after buying an additional 544,328 shares during the last quarter. Artisan Partners Limited Partnership boosted its stake in shares of WNS by 19.5% during the 3rd quarter. Artisan Partners Limited Partnership now owns 1,686,152 shares of the business services provider’s stock valued at $115,434,000 after buying an additional 274,908 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its stake in shares of WNS by 10.7% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 1,304,108 shares of the business services provider’s stock valued at $89,279,000 after buying an additional 125,989 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of WNS by 16.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,232,276 shares of the business services provider’s stock valued at $84,362,000 after buying an additional 177,959 shares during the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Price Performance

WNS stock opened at $48.70 on Wednesday. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.14. WNS has a 1 year low of $45.09 and a 1 year high of $91.97. The stock’s fifty day moving average is $53.75 and its two-hundred day moving average is $58.97.

Analyst Ratings Changes

Several research firms have recently commented on WNS. StockNews.com cut WNS from a “buy” rating to a “hold” rating in a research note on Tuesday, April 2nd. Citigroup reduced their price objective on WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a research note on Monday. Barrington Research restated an “outperform” rating and set a $72.00 price objective on shares of WNS in a research note on Monday, April 15th. Finally, Needham & Company LLC restated a “buy” rating and set a $80.00 price objective on shares of WNS in a research note on Friday, March 1st. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $84.13.

WNS Profile

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; Hi-tech and professional services; and banking and financial services.