US Bancorp DE Has $1.56 Million Stock Position in WNS (Holdings) Limited (NYSE:WNS)

US Bancorp DE lessened its stake in shares of WNS (Holdings) Limited (NYSE:WNS) by 15.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 32,968 shares of the business services provider’s stock after selling 6,223 shares during the quarter. US Bancorp DE owned approximately 0.07% of WNS worth $1,562,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WNS. Bank of New York Mellon Corp grew its stake in shares of WNS by 24.1% in the fourth quarter. Bank of New York Mellon Corp now owns 145,150 shares of the business services provider’s stock worth $6,879,000 after purchasing an additional 28,201 shares during the last quarter. BKM Wealth Management LLC grew its stake in shares of WNS by 15.6% in the fourth quarter. BKM Wealth Management LLC now owns 12,687 shares of the business services provider’s stock worth $601,000 after purchasing an additional 1,715 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of WNS by 3,523.4% in the fourth quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider’s stock worth $7,219,000 after purchasing an additional 148,122 shares during the last quarter. JB Capital LLC lifted its holdings in WNS by 10.5% in the fourth quarter. JB Capital LLC now owns 31,820 shares of the business services provider’s stock valued at $1,508,000 after buying an additional 3,024 shares during the period. Finally, Mount Yale Investment Advisors LLC lifted its holdings in WNS by 18.1% in 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 period. Institutional investors own 97.36% of the company’s stock.

Wall Street Analysts Forecast Growth

WNS has been the topic of several research reports. Jefferies Financial Group dropped their price objective 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. StockNews.com upgraded shares of WNS from a “hold” rating to a “buy” rating in a report on Friday, January 24th. Needham & Company LLC upped their price objective on shares of WNS from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Finally, Robert W. Baird upped their price objective on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $61.00.

WNS Stock Up 5.9 %

WNS stock opened at $59.99 on Friday. WNS has a twelve month low of $39.85 and a twelve month high of $65.03. The firm has a 50 day moving average price of $54.39 and a 200-day moving average price of $52.63. The company has a market capitalization of $2.77 billion, a P/E ratio of 20.97, a P/E/G ratio of 2.10 and a beta of 1.22. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS) last released its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 EPS 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%. As a group, equities analysts predict that WNS will post 3.8 EPS for the current year.

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.