US Bancorp DE cut its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 1.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 163,750 shares of the business services provider’s stock after selling 3,054 shares during the quarter. US Bancorp DE owned 0.33% of WNS worth $8,310,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Dorsey Wright & Associates bought a new position in shares of WNS during the third quarter worth about $5,975,000. Capital Fund Management S.A. bought a new position in WNS in the second quarter valued at approximately $939,000. Janus Henderson Group PLC bought a new position in WNS in the second quarter valued at approximately $20,859,000. Jane Street Group LLC bought a new position in WNS in the second quarter valued at approximately $355,000. Finally, Federated Investors Inc. PA grew its stake in WNS by 0.8% in the second quarter. Federated Investors Inc. PA now owns 307,291 shares of the business services provider’s stock valued at $16,034,000 after purchasing an additional 2,385 shares in the last quarter. Institutional investors and hedge funds own 86.65% of the company’s stock.

A number of research analysts have weighed in on WNS shares. ValuEngine downgraded WNS from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 24th. Zacks Investment Research upgraded WNS from a “sell” rating to a “hold” rating in a research note on Thursday, September 20th. Loop Capital raised their price target on WNS to $63.00 and gave the company a “buy” rating in a research note on Friday, October 26th. Barrington Research set a $57.00 price target on WNS and gave the company a “buy” rating in a research note on Tuesday, July 17th. Finally, Citigroup raised their price target on WNS from $56.00 to $57.00 and gave the company a “buy” rating in a research note on Friday, July 20th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $55.56.

WNS opened at $50.12 on Friday. WNS has a 12-month low of $38.68 and a 12-month high of $54.38. The company has a market capitalization of $2.52 billion, a PE ratio of 27.69, a price-to-earnings-growth ratio of 1.97 and a beta of 0.67. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.11.

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WNS Company Profile

WNS (Holdings) Limited, a business process management company, together with its subsidiaries, provides data, voice, analytical, and business transformation services worldwide. It operates through two segments, WNS Global BPM and WNS Auto Claims BPM. The company offers industry-specific services to clients primarily in insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; utilities; consulting and professional services; healthcare; banking and financial services; and shipping and logistics industries.

Further Reading: Understanding each part of a balance sheet

Institutional Ownership by Quarter for WNS (NYSE:WNS)

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