Verdence Capital Advisors LLC Has $284,000 Stake in WNS (Holdings) Limited (NYSE:WNS)

Verdence Capital Advisors LLC trimmed its position in WNS (Holdings) Limited (NYSE:WNS) by 57.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,492 shares of the business services provider’s stock after selling 5,973 shares during the period. Verdence Capital Advisors LLC’s holdings in WNS were worth $284,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Lindbrook Capital LLC raised its stake in shares of WNS by 33.0% in the fourth quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 187 shares in the last quarter. DGS Capital Management LLC raised its stake in shares of WNS by 6.3% in the fourth quarter. DGS Capital Management LLC now owns 3,405 shares of the business services provider’s stock valued at $215,000 after purchasing an additional 203 shares in the last quarter. WCM Investment Management LLC grew its position in WNS by 8.0% in the fourth quarter. WCM Investment Management LLC now owns 689,604 shares of the business services provider’s stock valued at $43,831,000 after acquiring an additional 50,944 shares during the period. Osborne Partners Capital Management LLC grew its position in WNS by 1.0% in the fourth quarter. Osborne Partners Capital Management LLC now owns 74,968 shares of the business services provider’s stock valued at $4,738,000 after acquiring an additional 745 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH grew its position in WNS by 10.3% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 380,233 shares of the business services provider’s stock valued at $24,031,000 after acquiring an additional 35,570 shares during the period. 97.36% of the stock is currently owned by institutional investors and hedge funds.

WNS Trading Up 1.7 %

Shares of WNS stock opened at $48.70 on Wednesday. The stock’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.

Wall Street Analysts Forecast Growth

WNS has been the topic of a number of analyst reports. Citigroup lowered their price target on WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a research report on Monday. StockNews.com cut WNS from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. Barrington Research reiterated an “outperform” rating and issued a $72.00 price target on shares of WNS in a research report on Monday, April 15th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $80.00 price target on shares of WNS in a research report on Friday, March 1st. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.