WNS (Holdings) Limited (WNS) Stake Lessened by Ameriprise Financial Inc.

Ameriprise Financial Inc. reduced its stake in shares of WNS (Holdings) Limited (NYSE:WNS) by 26.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 171,431 shares of the business services provider’s stock after selling 60,980 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.34% of WNS worth $6,257,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. OLD National Bancorp IN purchased a new stake in WNS in the third quarter worth about $202,000. 1st Global Advisors Inc. purchased a new stake in WNS in the second quarter worth about $223,000. Advisor Group Inc. lifted its stake in WNS by 731.2% in the third quarter. Advisor Group Inc. now owns 6,417 shares of the business services provider’s stock worth $234,000 after acquiring an additional 5,645 shares during the period. Financial Counselors Inc. purchased a new stake in WNS in the second quarter worth about $236,000. Finally, LaSalle Street Capital Management LLC purchased a new stake in WNS in the second quarter worth about $246,000. 85.95% of the stock is owned by institutional investors.

WNS (NYSE WNS) opened at $40.40 on Thursday. The company has a market cap of $2,040.00, a PE ratio of 43.44, a price-to-earnings-growth ratio of 1.78 and a beta of 1.02. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.18. WNS has a fifty-two week low of $26.68 and a fifty-two week high of $42.36.

WNS (NYSE:WNS) last announced its earnings results on Friday, October 27th. The business services provider reported $0.53 EPS for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.04. WNS had a net margin of 7.24% and a return on equity of 19.23%. The business had revenue of $182.30 million during the quarter, compared to the consensus estimate of $175.36 million. During the same period in the previous year, the company posted $0.42 earnings per share. The firm’s revenue was up 26.9% on a year-over-year basis. equities analysts predict that WNS will post 1.59 EPS for the current fiscal year.

A number of analysts recently weighed in on the stock. ValuEngine lowered shares of WNS from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Citigroup upped their price objective on shares of WNS from $40.00 to $43.00 and gave the stock a “buy” rating in a research note on Friday, October 13th. Barrington Research upped their price objective on shares of WNS from $40.00 to $44.00 and gave the stock an “outperform” rating in a research note on Monday, October 30th. Zacks Investment Research lowered shares of WNS from a “hold” rating to a “sell” rating in a research note on Wednesday, September 20th. Finally, Needham & Company LLC upped their price objective on shares of WNS from $46.00 to $52.00 and gave the stock a “strong-buy” rating in a research note on Friday, December 1st. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $43.08.

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WNS Company Profile

WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.

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Institutional Ownership by Quarter for WNS (NYSE:WNS)

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