Oppenheimer Asset Management Inc. Sells 1,367 Shares of WNS (Holdings) Limited (NYSE:WNS)

Oppenheimer Asset Management Inc. decreased its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 16.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,791 shares of the business services provider’s stock after selling 1,367 shares during the period. Oppenheimer Asset Management Inc.’s holdings in WNS were worth $322,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its position in WNS by 24.1% during the 4th quarter. Bank of New York Mellon Corp now owns 145,150 shares of the business services provider’s stock worth $6,879,000 after buying an additional 28,201 shares during the period. BKM Wealth Management LLC increased its position in WNS by 15.6% during the 4th quarter. BKM Wealth Management LLC now owns 12,687 shares of the business services provider’s stock worth $601,000 after buying an additional 1,715 shares during the period. Principal Financial Group Inc. increased its position in shares of WNS by 3,523.4% in the fourth quarter. Principal Financial Group Inc. now owns 152,326 shares of the business services provider’s stock worth $7,219,000 after purchasing an additional 148,122 shares during the period. JB Capital LLC increased its position in shares of WNS by 10.5% in the fourth quarter. JB Capital LLC now owns 31,820 shares of the business services provider’s stock worth $1,508,000 after purchasing an additional 3,024 shares during the period. Finally, Mount Yale Investment Advisors LLC increased its position in shares of WNS by 18.1% in the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock worth $249,000 after purchasing an additional 805 shares during the period. Institutional investors own 97.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Needham & Company LLC raised their price target on WNS from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Robert W. Baird raised their price target on WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, Jefferies Financial Group decreased their price target on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, WNS has a consensus rating of “Moderate Buy” and an average price target of $61.00.

WNS Stock Performance

Shares of WNS stock opened at $56.72 on Friday. The business’s 50-day moving average price is $54.13 and its 200-day moving average price is $52.69. WNS has a 12 month low of $39.85 and a 12 month high of $65.03. The firm has a market capitalization of $2.62 billion, a price-to-earnings ratio of 19.83, a PEG ratio of 2.10 and a beta of 1.19. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS) last announced its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. Equities research analysts forecast that WNS will post 3.8 EPS for the current year.

WNS Profile

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.