US Bancorp DE trimmed its position in WNS (Holdings) Limited (NYSE:WNS) by 8.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,526 shares of the business services provider’s stock after selling 16,734 shares during the quarter. US Bancorp DE’s holdings in WNS were worth $7,044,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tygh Capital Management Inc. grew its holdings in WNS by 33.8% in the 3rd quarter. Tygh Capital Management Inc. now owns 181,912 shares of the business services provider’s stock valued at $6,640,000 after buying an additional 45,942 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in WNS by 5.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 232,411 shares of the business services provider’s stock valued at $7,986,000 after buying an additional 12,910 shares in the last quarter. BT Investment Management Ltd acquired a new position in WNS in the 3rd quarter valued at $287,000. Cubist Systematic Strategies LLC lifted its position in shares of WNS by 31.5% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 19,134 shares of the business services provider’s stock valued at $698,000 after acquiring an additional 4,584 shares during the period. Finally, Nationwide Fund Advisors bought a new stake in shares of WNS during the 2nd quarter valued at $478,000. 85.85% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have recently weighed in on the company. ValuEngine downgraded WNS from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Citigroup upped their target price on WNS from $40.00 to $43.00 and gave the company a “buy” rating in a research report on Friday, October 13th. Barrington Research upped their target price on WNS from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Monday, October 30th. Needham & Company LLC upped their price objective on WNS from $46.00 to $52.00 and gave the stock a “strong-buy” rating in a research report on Friday, December 1st. Finally, Cowen restated a “buy” rating and set a $43.00 price objective on shares of WNS in a research report on Sunday, October 29th. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $47.62.

WNS (NYSE WNS) opened at $41.79 on Friday. The stock has a market capitalization of $2,100.00, a P/E ratio of 38.34, a price-to-earnings-growth ratio of 1.80 and a beta of 0.92. The company has a quick ratio of 2.54, a current ratio of 2.54 and a debt-to-equity ratio of 0.16. WNS has a fifty-two week low of $27.43 and a fifty-two week high of $46.00.

WNS (NYSE:WNS) last announced its quarterly earnings results on Thursday, January 18th. The business services provider reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.06. The business had revenue of $185.20 million for the quarter, compared to analyst estimates of $175.85 million. WNS had a return on equity of 20.19% and a net margin of 7.96%. The company’s quarterly revenue was up 32.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.49 earnings per share. equities analysts expect that WNS will post 1.68 EPS for the current year.

WNS declared that its Board of Directors has initiated a stock repurchase program on Thursday, January 18th that permits the company to repurchase 3,300,000 outstanding shares. This repurchase authorization permits the business services provider to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

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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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