Corient Private Wealth LLC Sells 8,905 Shares of WNS (Holdings) Limited (NYSE:WNS)

Corient Private Wealth LLC decreased its stake in WNS (Holdings) Limited (NYSE:WNS) by 30.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,459 shares of the business services provider’s stock after selling 8,905 shares during the period. Corient Private Wealth LLC’s holdings in WNS were worth $970,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Inspire Advisors LLC boosted its holdings in WNS by 4.0% in the 4th quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider’s stock valued at $608,000 after purchasing an additional 493 shares during the period. Mount Yale Investment Advisors LLC raised its position in shares of 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 valued at $249,000 after buying an additional 805 shares during the last quarter. Central Pacific Bank Trust Division lifted its stake in shares of WNS by 29.5% in the fourth quarter. Central Pacific Bank Trust Division now owns 6,940 shares of the business services provider’s stock valued at $329,000 after buying an additional 1,580 shares during the period. BKM Wealth Management LLC grew its position in WNS by 15.6% during the fourth quarter. BKM Wealth Management LLC now owns 12,687 shares of the business services provider’s stock worth $601,000 after buying an additional 1,715 shares in the last quarter. Finally, Blue Trust Inc. increased its stake in WNS by 65.0% during the fourth quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock valued at $208,000 after acquiring an additional 1,732 shares during the period. Institutional investors own 97.36% of the company’s stock.

WNS Stock Up 1.4 %

WNS opened at $64.26 on Friday. WNS has a twelve month low of $39.85 and a twelve month high of $65.26. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 2.10 and a beta of 1.22. The firm’s 50-day simple moving average is $59.04 and its 200-day simple moving average is $53.01. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. Equities research analysts anticipate that WNS will post 3.8 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on WNS. StockNews.com raised WNS from a “hold” rating to a “buy” rating in a report on Friday, January 24th. Needham & Company LLC lifted their price target on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, March 11th. Jefferies Financial Group lowered their price target on shares of WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Robert W. Baird raised their price objective on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Finally, Barrington Research lifted their target price on shares of WNS from $63.00 to $75.00 and gave the company an “outperform” rating in a research report on Wednesday. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $62.25.

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.