US Bancorp DE Trims Stake in WNS (Holdings) Limited $WNS

US Bancorp DE lessened its holdings in WNS (Holdings) Limited (NYSE:WNS) by 10.1% during the second quarter, Holdings Channel.com reports. The firm owned 29,459 shares of the business services provider’s stock after selling 3,323 shares during the quarter. US Bancorp DE’s holdings in WNS were worth $1,863,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of WNS. Quarry LP purchased a new stake in WNS in the first quarter worth about $47,000. KBC Group NV purchased a new stake in WNS in the first quarter worth about $109,000. Dynamic Technology Lab Private Ltd purchased a new stake in WNS in the first quarter worth about $216,000. Global Alpha Capital Management Ltd. purchased a new stake in WNS in the first quarter worth about $217,000. Finally, Bailard Inc. purchased a new stake in WNS in the first quarter worth about $231,000. Hedge funds and other institutional investors own 97.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on WNS shares. Weiss Ratings restated a “hold (c)” rating on shares of WNS in a report on Wednesday, October 8th. Needham & Company LLC cut shares of WNS from a “moderate buy” rating to a “hold” rating in a report on Monday, July 7th. Wall Street Zen cut shares of WNS from a “buy” rating to a “hold” rating in a report on Saturday, July 12th. William Blair cut shares of WNS from a “strong-buy” rating to a “market perform” rating in a report on Monday, July 7th. Finally, Baird R W cut shares of WNS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. One equities research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, WNS has an average rating of “Hold” and an average target price of $67.43.

WNS Trading Up 0.0%

Shares of WNS stock opened at $76.39 on Thursday. WNS has a 12-month low of $42.62 and a 12-month high of $76.40. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.18. The firm’s 50 day moving average is $75.73 and its 200 day moving average is $67.95. The stock has a market capitalization of $3.28 billion, a P/E ratio of 21.28, a P/E/G ratio of 2.25 and a beta of 0.91.

WNS (NYSE:WNS) last issued its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.05. The business had revenue of $339.90 million for the quarter, compared to analysts’ expectations of $323.13 million. WNS had a net margin of 12.11% and a return on equity of 22.90%. The company’s revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 EPS. Research analysts expect that WNS will post 3.8 earnings per share for the current year.

About WNS

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through TSLU, MRHP, HCLS, and BFSI segments. It engages in diversified business, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure, utilities, shipping, and logistics; healthcare and life sciences; banking, financial services, and insurance; and Hi-tech and professional services, as well as procurement.