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

Raymond James & Associates grew its holdings in shares of WNS (Holdings) Limited (NYSE:WNS) by 6.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 11,883 shares of the business services provider’s stock after purchasing an additional 745 shares during the period. Raymond James & Associates’ holdings in WNS were worth $751,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Legato Capital Management LLC raised its stake in shares of WNS by 13.1% during the 4th quarter. Legato Capital Management LLC now owns 6,734 shares of the business services provider’s stock worth $426,000 after purchasing an additional 780 shares in the last quarter. SG Americas Securities LLC raised its stake in WNS by 11.7% in the fourth quarter. SG Americas Securities LLC now owns 82,189 shares of the business services provider’s stock valued at $5,194,000 after buying an additional 8,615 shares during the period. BKM Wealth Management LLC acquired a new stake in shares of WNS in the fourth quarter valued at approximately $385,000. Harbour Capital Advisors LLC boosted its stake in shares of WNS by 10.0% during the 4th quarter. Harbour Capital Advisors LLC now owns 11,995 shares of the business services provider’s stock worth $733,000 after acquiring an additional 1,095 shares during the period. Finally, Wellington Management Group LLP increased its holdings in shares of WNS by 17.4% during the 3rd quarter. Wellington Management Group LLP now owns 718,891 shares of the business services provider’s stock worth $49,215,000 after acquiring an additional 106,413 shares during the last quarter. 97.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on WNS shares. Barrington Research reaffirmed an “outperform” rating and set a $72.00 price objective on shares of WNS in a research report on Monday, April 15th. Needham & Company LLC reiterated a “buy” rating and set a $80.00 price objective on shares of WNS in a research note on Friday, March 1st. Citigroup decreased their price target on WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a research note on Monday. Finally, StockNews.com lowered WNS from a “buy” rating to a “hold” rating in a research note on Tuesday, April 2nd. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, WNS currently has a consensus rating of “Moderate Buy” and an average target price of $84.13.

WNS Trading Up 1.7 %

Shares of WNS stock opened at $48.70 on Wednesday. WNS has a twelve month low of $45.09 and a twelve month high of $91.97. The stock’s fifty day simple moving average is $53.75 and its 200 day simple moving average is $58.97. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $2.33 billion, a P/E ratio of 14.80 and a beta of 1.04.

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.