Raymond James & Associates Purchases 745 Shares of WNS (Holdings) Limited (NYSE:WNS)

Raymond James & Associates lifted its position in WNS (Holdings) Limited (NYSE:WNS) by 6.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,883 shares of the business services provider’s stock after buying an additional 745 shares during the quarter. Raymond James & Associates’ holdings in WNS were worth $751,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of WNS. FMR LLC grew its holdings in WNS by 1.7% in 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 position in shares of WNS by 36.5% in the third quarter. JPMorgan Chase & Co. now owns 2,034,729 shares of the business services provider’s stock valued at $139,298,000 after acquiring an additional 544,328 shares during the period. Artisan Partners Limited Partnership grew its stake in shares of WNS by 19.5% in the third quarter. Artisan Partners Limited Partnership now owns 1,686,152 shares of the business services provider’s stock worth $115,434,000 after acquiring an additional 274,908 shares during the last quarter. Diamond Hill Capital Management Inc. increased its position in WNS by 10.7% during the third quarter. Diamond Hill Capital Management Inc. now owns 1,304,108 shares of the business services provider’s stock worth $89,279,000 after acquiring an additional 125,989 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its stake in 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 purchasing an additional 177,959 shares during the last quarter. 97.36% of the stock is owned by institutional investors.

WNS Stock Up 1.7 %

Shares of NYSE:WNS opened at $48.70 on Wednesday. The company’s fifty day moving average is $53.75 and its 200-day moving average is $58.97. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.82 and a current ratio of 1.82. WNS has a 52 week low of $45.09 and a 52 week high of $91.97. The company has a market capitalization of $2.33 billion, a PE ratio of 14.80 and a beta of 1.04.

Analyst Ratings Changes

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

About WNS

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.