Infosys (NYSE:INFY) Earning Somewhat Critical News Coverage, Study Shows

Media headlines about Infosys (NYSE:INFY) have trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and …

Infosys logoMedia headlines about Infosys (NYSE:INFY) have trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Infosys earned a media sentiment score of -1.00 on their scale. InfoTrie also assigned media stories about the technology company an news buzz score of 0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near future.

Here are some of the media headlines that may have effected Infosys’ ranking:

Shares of NYSE INFY traded down $0.05 during trading on Monday, hitting $11.08. 4,498,490 shares of the company traded hands, compared to its average volume of 11,304,526. The firm has a fifty day moving average of $11.08. The firm has a market cap of $48.90 billion, a price-to-earnings ratio of 20.52, a price-to-earnings-growth ratio of 2.15 and a beta of 0.53. Infosys has a fifty-two week low of $8.85 and a fifty-two week high of $11.64.

Infosys (NYSE:INFY) last posted its earnings results on Friday, July 12th. The technology company reported $0.13 EPS for the quarter, hitting the consensus estimate of $0.13. The company had revenue of $218.03 billion during the quarter, compared to the consensus estimate of $216.51 billion. Infosys had a net margin of 18.26% and a return on equity of 25.55%. The firm’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.13 earnings per share. On average, research analysts predict that Infosys will post 0.55 earnings per share for the current fiscal year.

INFY has been the topic of a number of analyst reports. Zacks Investment Research raised Infosys from a “sell” rating to a “hold” rating in a research note on Friday, May 17th. Credit Suisse Group downgraded shares of Infosys from a “neutral” rating to an “underperform” rating in a research note on Monday, April 15th. Citigroup upgraded shares of Infosys from a “neutral” rating to a “buy” rating in a research note on Friday, July 12th. Morgan Stanley downgraded shares of Infosys from an “overweight” rating to an “equal weight” rating and set a $10.62 target price for the company. in a research note on Monday, April 15th. Finally, BMO Capital Markets set a $13.00 target price on shares of Infosys and gave the company a “hold” rating in a research note on Monday, July 15th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $10.96.

About Infosys

Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally. It provides business information technology services, including application development and maintenance, independent validation, infrastructure management, and business process management services, as well as engineering services, such as engineering and life cycle solutions; and consulting and systems integration services comprising consulting, enterprise solutions, systems integration, and advanced technologies.

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Infosys (NYSE:INFY) Receives Media Impact Rating of -1.00

Media stories about Infosys (NYSE:INFY) have trended somewhat negative recently, InfoTrie reports. The research firm ranks the sentiment of news …

Infosys logoMedia stories about Infosys (NYSE:INFY) have trended somewhat negative recently, InfoTrie reports. The research firm ranks the sentiment of news coverage by reviewing more than 6,000 blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Infosys earned a daily sentiment score of -1.00 on their scale. InfoTrie also gave media coverage about the technology company an news buzz score of 0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next few days.

Here are some of the news stories that may have effected Infosys’ score:

Infosys stock traded down $0.05 during trading on Monday, reaching $11.08. The stock had a trading volume of 4,498,490 shares, compared to its average volume of 11,304,526. Infosys has a 52-week low of $8.85 and a 52-week high of $11.64. The firm has a 50 day moving average of $11.08. The stock has a market capitalization of $48.90 billion, a PE ratio of 20.52, a PEG ratio of 2.15 and a beta of 0.53.

Infosys (NYSE:INFY) last released its quarterly earnings data on Friday, July 12th. The technology company reported $0.13 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.13. Infosys had a net margin of 18.26% and a return on equity of 25.55%. The company had revenue of $218.03 billion for the quarter, compared to analysts’ expectations of $216.51 billion. The firm’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter last year, the company earned $0.13 earnings per share. As a group, research analysts predict that Infosys will post 0.55 earnings per share for the current fiscal year.

INFY has been the topic of a number of research reports. ValuEngine lowered Infosys from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Credit Suisse Group lowered Infosys from a “neutral” rating to an “underperform” rating in a report on Monday, April 15th. Wells Fargo & Co set a $12.00 price target on Infosys and gave the stock a “hold” rating in a report on Friday, May 31st. Wedbush reiterated a “neutral” rating on shares of Infosys in a report on Friday, July 12th. Finally, Nomura upgraded Infosys from a “reduce” rating to a “neutral” rating in a report on Monday, July 15th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has given a buy rating to the company’s stock. Infosys has an average rating of “Hold” and a consensus price target of $10.96.

Infosys Company Profile

Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally. It provides business information technology services, including application development and maintenance, independent validation, infrastructure management, and business process management services, as well as engineering services, such as engineering and life cycle solutions; and consulting and systems integration services comprising consulting, enterprise solutions, systems integration, and advanced technologies.

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Genesis Asset Managers LLP Has $19.73 Million Holdings in Infosys Ltd (NYSE:INFY)

Genesis Asset Managers LLP cut its stake in shares of Infosys Ltd (NYSE:INFY) by 10.4% in the second quarter, according to the company in its most …

Infosys logoGenesis Asset Managers LLP cut its stake in shares of Infosys Ltd (NYSE:INFY) by 10.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,844,307 shares of the technology company’s stock after selling 215,046 shares during the period. Infosys makes up approximately 0.6% of Genesis Asset Managers LLP’s investment portfolio, making the stock its 16th largest holding. Genesis Asset Managers LLP’s holdings in Infosys were worth $19,734,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in INFY. Next Capital Management LLC bought a new stake in Infosys during the first quarter worth about $26,000. Financial Gravity Wealth Inc. bought a new stake in Infosys during the first quarter worth about $27,000. NEXT Financial Group Inc raised its holdings in Infosys by 85.7% during the second quarter. NEXT Financial Group Inc now owns 2,492 shares of the technology company’s stock worth $27,000 after acquiring an additional 1,150 shares in the last quarter. Asahi Life Asset Management CO. LTD. bought a new stake in Infosys during the first quarter worth about $31,000. Finally, American Beacon Advisors Inc. raised its holdings in Infosys by 56.2% during the first quarter. American Beacon Advisors Inc. now owns 3,139 shares of the technology company’s stock worth $34,000 after acquiring an additional 1,129 shares in the last quarter. 17.83% of the stock is owned by institutional investors and hedge funds.

NYSE:INFY opened at $11.07 on Monday. The company has a 50 day simple moving average of $11.06. The company has a market capitalization of $48.90 billion, a price-to-earnings ratio of 20.50, a price-to-earnings-growth ratio of 2.15 and a beta of 0.53. Infosys Ltd has a 12-month low of $8.85 and a 12-month high of $11.64.

Infosys (NYSE:INFY) last released its quarterly earnings data on Friday, July 12th. The technology company reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. The firm had revenue of $218.03 billion for the quarter, compared to analyst estimates of $216.51 billion. Infosys had a return on equity of 25.55% and a net margin of 18.26%. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.13 earnings per share. On average, equities analysts anticipate that Infosys Ltd will post 0.55 earnings per share for the current year.

Several research firms recently issued reports on INFY. Deutsche Bank lowered Infosys from a “buy” rating to a “hold” rating in a report on Monday, April 15th. Credit Suisse Group lowered Infosys from a “neutral” rating to an “underperform” rating in a research note on Monday, April 15th. BMO Capital Markets set a $13.00 price objective on Infosys and gave the company a “hold” rating in a research note on Monday, July 15th. Zacks Investment Research upgraded Infosys from a “sell” rating to a “hold” rating in a research note on Friday, May 17th. Finally, Wedbush restated a “neutral” rating on shares of Infosys in a research note on Friday, July 12th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $10.96.

Infosys Company Profile

Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally. It provides business information technology services, including application development and maintenance, independent validation, infrastructure management, and business process management services, as well as engineering services, such as engineering and life cycle solutions; and consulting and systems integration services comprising consulting, enterprise solutions, systems integration, and advanced technologies.

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Want to see what other hedge funds are holding INFY?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Infosys Ltd (NYSE:INFY).

Institutional Ownership by Quarter for Infosys (NYSE:INFY)

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NEXT Financial Group Inc Has $27000 Position in Infosys Ltd (NYSE:INFY)

NEXT Financial Group Inc increased its holdings in shares of Infosys Ltd (NYSE:INFY) by 85.7% during the 2nd quarter, according to the company in …

Infosys logoNEXT Financial Group Inc increased its holdings in shares of Infosys Ltd (NYSE:INFY) by 85.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,492 shares of the technology company’s stock after acquiring an additional 1,150 shares during the period. NEXT Financial Group Inc’s holdings in Infosys were worth $27,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Pennsylvania Trust Co bought a new position in shares of Infosys in the first quarter valued at about $1,502,000. Butensky & Cohen Financial Security Inc. boosted its position in shares of Infosys by 5.4% during the second quarter. Butensky & Cohen Financial Security Inc. now owns 232,950 shares of the technology company’s stock valued at $2,493,000 after buying an additional 11,915 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its position in shares of Infosys by 1,019.7% during the first quarter. Nomura Asset Management Co. Ltd. now owns 694,200 shares of the technology company’s stock valued at $7,587,000 after buying an additional 632,200 shares during the last quarter. Advisory Services Network LLC boosted its position in shares of Infosys by 491.3% during the first quarter. Advisory Services Network LLC now owns 24,999 shares of the technology company’s stock valued at $273,000 after buying an additional 20,771 shares during the last quarter. Finally, Commonwealth Bank of Australia boosted its position in shares of Infosys by 15.2% during the first quarter. Commonwealth Bank of Australia now owns 1,412,719 shares of the technology company’s stock valued at $15,435,000 after buying an additional 186,396 shares during the last quarter. Institutional investors and hedge funds own 17.83% of the company’s stock.

Several research firms recently commented on INFY. Deutsche Bank cut Infosys from a “buy” rating to a “hold” rating in a research report on Monday, April 15th. Credit Suisse Group cut Infosys from a “neutral” rating to an “underperform” rating in a research report on Monday, April 15th. Wedbush reissued a “neutral” rating on shares of Infosys in a research report on Friday, July 12th. Nomura raised Infosys from a “reduce” rating to a “neutral” rating in a research report on Monday, July 15th. Finally, Investec cut Infosys from a “buy” rating to a “hold” rating in a research report on Monday, April 15th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $10.96.

Shares of Infosys stock opened at $11.13 on Monday. The stock has a market cap of $48.90 billion, a PE ratio of 20.61, a price-to-earnings-growth ratio of 2.15 and a beta of 0.53. The business has a 50 day moving average of $11.06. Infosys Ltd has a one year low of $8.85 and a one year high of $11.64.

Infosys (NYSE:INFY) last posted its quarterly earnings data on Friday, July 12th. The technology company reported $0.13 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.13. The company had revenue of $218.03 billion during the quarter, compared to analysts’ expectations of $216.51 billion. Infosys had a return on equity of 25.55% and a net margin of 18.26%. Infosys’s revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.13 EPS. As a group, equities analysts anticipate that Infosys Ltd will post 0.55 earnings per share for the current fiscal year.

Infosys Profile

Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally. It provides business information technology services, including application development and maintenance, independent validation, infrastructure management, and business process management services, as well as engineering services, such as engineering and life cycle solutions; and consulting and systems integration services comprising consulting, enterprise solutions, systems integration, and advanced technologies.

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Institutional Ownership by Quarter for Infosys (NYSE:INFY)

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NEXT Financial Group Inc Raises Holdings in Infosys Ltd (NYSE:INFY)

NEXT Financial Group Inc lifted its stake in Infosys Ltd (NYSE:INFY) by 85.7% during the second quarter, Holdings Channel reports. The institutional …

Infosys logoNEXT Financial Group Inc lifted its stake in Infosys Ltd (NYSE:INFY) by 85.7% during the second quarter, Holdings Channel reports. The institutional investor owned 2,492 shares of the technology company’s stock after acquiring an additional 1,150 shares during the quarter. NEXT Financial Group Inc’s holdings in Infosys were worth $27,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Investec Asset Management LTD boosted its position in Infosys by 8.6% during the first quarter. Investec Asset Management LTD now owns 43,046,945 shares of the technology company’s stock worth $470,503,000 after purchasing an additional 3,418,796 shares in the last quarter. Lazard Asset Management LLC raised its holdings in shares of Infosys by 32.0% during the first quarter. Lazard Asset Management LLC now owns 37,840,845 shares of the technology company’s stock valued at $413,599,000 after acquiring an additional 9,169,543 shares during the last quarter. FMR LLC raised its holdings in shares of Infosys by 46,711,314.8% during the first quarter. FMR LLC now owns 25,224,164 shares of the technology company’s stock valued at $275,699,000 after acquiring an additional 25,224,110 shares during the last quarter. GQG Partners LLC raised its holdings in shares of Infosys by 16.7% during the first quarter. GQG Partners LLC now owns 24,689,394 shares of the technology company’s stock valued at $269,535,000 after acquiring an additional 3,541,726 shares during the last quarter. Finally, FIL Ltd raised its holdings in shares of Infosys by 77.4% during the first quarter. FIL Ltd now owns 19,335,219 shares of the technology company’s stock valued at $211,333,000 after acquiring an additional 8,433,557 shares during the last quarter. Hedge funds and other institutional investors own 17.83% of the company’s stock.

Shares of Infosys stock opened at $11.13 on Monday. Infosys Ltd has a 12 month low of $8.85 and a 12 month high of $11.64. The firm has a market capitalization of $48.90 billion, a PE ratio of 20.61, a P/E/G ratio of 2.15 and a beta of 0.53. The firm’s 50 day moving average price is $11.06.

Infosys (NYSE:INFY) last posted its quarterly earnings results on Friday, July 12th. The technology company reported $0.13 EPS for the quarter, meeting the consensus estimate of $0.13. Infosys had a return on equity of 25.55% and a net margin of 18.26%. The firm had revenue of $218.03 billion during the quarter, compared to analysts’ expectations of $216.51 billion. During the same quarter last year, the firm earned $0.13 earnings per share. The business’s revenue for the quarter was up 14.0% on a year-over-year basis. On average, research analysts anticipate that Infosys Ltd will post 0.55 earnings per share for the current fiscal year.

INFY has been the subject of a number of research analyst reports. Citigroup raised Infosys from a “neutral” rating to a “buy” rating in a report on Friday, July 12th. Wedbush reissued a “neutral” rating on shares of Infosys in a report on Friday, July 12th. Deutsche Bank cut Infosys from a “buy” rating to a “hold” rating in a report on Monday, April 15th. Credit Suisse Group cut Infosys from a “neutral” rating to an “underperform” rating in a report on Monday, April 15th. Finally, Investec cut Infosys from a “buy” rating to a “hold” rating in a report on Monday, April 15th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $10.96.

About Infosys

Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally. It provides business information technology services, including application development and maintenance, independent validation, infrastructure management, and business process management services, as well as engineering services, such as engineering and life cycle solutions; and consulting and systems integration services comprising consulting, enterprise solutions, systems integration, and advanced technologies.

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Institutional Ownership by Quarter for Infosys (NYSE:INFY)

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