Creative Planning Buys 3,603 Shares of WNS (Holdings) Limited (NYSE:WNS)

Creative Planning raised its stake in WNS (Holdings) Limited (NYSE:WNS) by 68.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 8,849 shares of the business services provider’s stock after purchasing an additional 3,603 shares during the quarter. Creative Planning’s holdings in WNS were worth $466,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WNS. Harbor Capital Advisors Inc. increased its stake in shares of WNS by 406.0% during the second quarter. Harbor Capital Advisors Inc. now owns 36,948 shares of the business services provider’s stock valued at $1,940,000 after buying an additional 29,646 shares during the period. Seven Eight Capital LP purchased a new position in WNS in the 1st quarter worth approximately $1,205,000. William Blair Investment Management LLC raised its holdings in WNS by 8.3% in the 2nd quarter. William Blair Investment Management LLC now owns 347,511 shares of the business services provider’s stock worth $18,244,000 after acquiring an additional 26,648 shares during the last quarter. Diamond Hill Capital Management Inc. grew its position in WNS by 11.9% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 1,777,557 shares of the business services provider’s stock worth $93,322,000 after purchasing an additional 188,616 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new stake in WNS in the 2nd quarter worth approximately $876,000. Institutional investors own 97.36% of the company’s stock.

WNS Stock Up 5.5 %

Shares of NYSE WNS opened at $51.02 on Thursday. The firm’s 50-day moving average price is $51.66 and its 200-day moving average price is $52.67. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $2.44 billion and a price-to-earnings ratio of 19.62. WNS has a 12-month low of $39.85 and a 12-month high of $72.57.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft cut their target price on shares of WNS from $55.00 to $51.00 and set a “hold” rating for the company in a research report on Thursday, October 3rd. Barrington Research reaffirmed an “outperform” rating and issued a $70.00 target price on shares of WNS in a report on Friday, October 18th. JPMorgan Chase & Co. upped their target price on shares of WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, September 6th. Citigroup set a $55.00 price target on shares of WNS in a research note on Thursday, October 17th. Finally, TD Cowen cut shares of WNS from a “buy” rating to a “hold” rating and decreased their price target for the stock from $64.00 to $53.00 in a research note on Thursday, October 17th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $60.33.

WNS Company 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.