Envestnet Asset Management Inc. Sells 23,377 Shares of WNS (Holdings) Limited (NYSE:WNS)

Envestnet Asset Management Inc. lowered its position in shares of WNS (Holdings) Limited (NYSE:WNS – Free Report) by 28.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC.

The firm owned 57,517 shares of the business services provider’s stock after selling 23,377 shares during the quarter. Envestnet Asset Management Inc. owned 0.



12% of WNS worth $2,726,000 as of its most recent SEC filing. A number of other large investors have also made changes to their positions in WNS. Thrivent Financial for Lutherans increased its stake in WNS by 26.

7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,483,569 shares of the business services provider’s stock worth $70,307,000 after purchasing an additional 312,519 shares in the last quarter. William Blair Investment Management LLC increased its position in shares of WNS by 5.

0% during the 4th quarter. William Blair Investment Management LLC now owns 1,112,743 shares of the business services provider’s stock worth $52,733,000 after purchasing an additional 53,433 shares during the last quarter. Vanguard Group Inc.

grew its stake in shares of WNS by 27.1% in the fourth quarter. Vanguard Group Inc.

now owns 415,556 shares of the business services provider’s stock valued at $19,693,000 after buying an additional 88,698 shares in the last quarter. Summit Creek Advisors LLC grew its position in shares of WNS by 10.9% in the 4th quarter.

Summit Creek Advisors LLC now owns 333,501 shares of the business services provider’s stock valued at $15,805,000 after acquiring an additional 32,897 shares during the period. Finally, Royce & Associates LP increased its position in WNS by 10.1% during the fourth quarter.

Royce & Associates LP now owns 321,371 shares of the business services provider’s stock worth $15,230,000 after buying an additional 29,360 shares during the last quarter. Institutional investors own 97.36% of the company’s stock.

WNS Stock PerformanceShares of WNS stock opened at $60.08 on Friday. The stock has a market capitalization of $2.

78 billion, a PE ratio of 21.01, a PEG ratio of 2.10 and a beta of 0.

96. WNS has a one year low of $39.85 and a one year high of $72.

11. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.

81 and a quick ratio of 1.81. The business’s 50 day simple moving average is $61.

78 and its 200 day simple moving average is $54.71. WNS (NYSE:WNS – Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd.

The business services provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.

15). WNS had a return on equity of 22.25% and a net margin of 10.

03%. As a group, research analysts forecast that WNS will post 3.8 earnings per share for the current year.

Analyst Ratings ChangesSeveral equities analysts have commented on WNS shares. Jefferies Financial Group decreased their price objective on shares of WNS from $60.00 to $55.

00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. StockNews.com raised WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th.

Needham & Company LLC boosted their price objective on shares of WNS from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday, March 11th.

Robert W. Baird boosted their target price on WNS from $58.00 to $66.

00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Finally, Barrington Research reiterated an “outperform” rating and issued a $75.00 price target on shares of WNS in a research note on Friday.

Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, WNS currently has an average rating of “Moderate Buy” and a consensus price target of $62.25.

Read Our Latest Stock Report on WNSWNS Profile (Free Report)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.

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