Natixis Buys New Position in Infosys Ltd (NYSE:INFY)

Natixis bought a new stake in shares of Infosys Ltd (NYSE:INFY) during the 2nd quarter, according to its most recent filing with the SEC. The firm …

Infosys logoNatixis bought a new stake in shares of Infosys Ltd (NYSE:INFY) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 171,380 shares of the technology company’s stock, valued at approximately $1,834,000.

Other large investors also recently made changes to their positions in the company. Cornerstone Advisors Inc. increased its holdings in Infosys by 14.0% during the 1st quarter. Cornerstone Advisors Inc. now owns 15,785 shares of the technology company’s stock worth $173,000 after purchasing an additional 1,944 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Infosys by 14.7% during the 1st quarter. Victory Capital Management Inc. now owns 2,052,852 shares of the technology company’s stock worth $22,438,000 after purchasing an additional 263,718 shares during the last quarter. First Allied Advisory Services Inc. increased its holdings in Infosys by 29.8% during the 1st quarter. First Allied Advisory Services Inc. now owns 75,596 shares of the technology company’s stock worth $817,000 after purchasing an additional 17,338 shares during the last quarter. Cetera Investment Advisers purchased a new stake in Infosys during the 1st quarter worth approximately $112,000. Finally, Raymond James & Associates increased its holdings in Infosys by 4.2% during the 1st quarter. Raymond James & Associates now owns 645,559 shares of the technology company’s stock worth $7,056,000 after purchasing an additional 25,975 shares during the last quarter. Institutional investors and hedge funds own 18.06% of the company’s stock.

Several research analysts have recently commented on INFY shares. Citigroup upgraded Infosys from a “neutral” rating to a “buy” rating in a research report on Friday, July 12th. Zacks Investment Research upgraded Infosys from a “sell” rating to a “hold” rating in a research report on Friday, May 17th. Nomura upgraded Infosys from a “reduce” rating to a “neutral” rating in a research report on Monday, July 15th. Wedbush reiterated a “neutral” rating on shares of Infosys in a research report on Friday, July 12th. Finally, BMO Capital Markets set a $13.00 target price on Infosys and gave the stock a “hold” rating in a research report on Monday, July 15th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has given a buy rating to the company’s stock. Infosys has a consensus rating of “Hold” and a consensus target price of $11.29.

NYSE:INFY opened at $11.77 on Friday. Infosys Ltd has a 12-month low of $8.85 and a 12-month high of $12.08. The firm has a market capitalization of $49.46 billion, a P/E ratio of 21.80, a P/E/G ratio of 2.22 and a beta of 0.50. The business has a 50 day simple moving average of $11.31 and a 200 day simple moving average of $10.85.

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 Zacks’ consensus estimate of $0.13. Infosys had a return on equity of 25.55% and a net margin of 18.26%. The business had revenue of $218.03 billion during the quarter, compared to analyst estimates of $216.51 billion. During the same quarter in the previous year, the firm posted $0.13 EPS. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Infosys Ltd will post 0.55 EPS 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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Natixis Invests $1.83 Million in Infosys Ltd (NYSE:INFY)

Natixis purchased a new stake in shares of Infosys Ltd (NYSE:INFY) during the second quarter, Holdings Channel reports. The institutional investor …

Infosys logoNatixis purchased a new stake in shares of Infosys Ltd (NYSE:INFY) during the second quarter, Holdings Channel reports. The institutional investor purchased 171,380 shares of the technology company’s stock, valued at approximately $1,834,000.

Several other hedge funds have also modified their holdings of the company. Investec Asset Management LTD grew its holdings in shares of Infosys by 1.5% during the second quarter. Investec Asset Management LTD now owns 43,690,242 shares of the technology company’s stock valued at $467,486,000 after buying an additional 643,297 shares in the last quarter. Lazard Asset Management LLC grew 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 buying an additional 9,169,543 shares in the last quarter. FMR LLC grew 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 buying an additional 25,224,110 shares in the last quarter. GQG Partners LLC grew its stake in Infosys by 16.7% in the first quarter. GQG Partners LLC now owns 24,689,394 shares of the technology company’s stock valued at $269,535,000 after purchasing an additional 3,541,726 shares in the last quarter. Finally, Polaris Capital Management LLC grew its stake in Infosys by 7.3% in the second quarter. Polaris Capital Management LLC now owns 20,828,218 shares of the technology company’s stock valued at $222,862,000 after purchasing an additional 1,408,400 shares in the last quarter. Institutional investors and hedge funds own 18.06% of the company’s stock.

A number of research analysts have commented on the company. BMO Capital Markets set a $13.00 target price on Infosys and gave the company a “hold” rating in a research note on Monday, July 15th. Wells Fargo & Co set a $12.00 target price on Infosys and gave the company a “hold” rating in a research note on Friday, May 31st. Citigroup upgraded Infosys from a “neutral” rating to a “buy” rating in a research note on Friday, July 12th. Robert W. Baird set a $13.00 target price on Infosys and gave the company a “hold” rating in a research note on Friday, September 6th. Finally, Wedbush restated a “neutral” rating on shares of Infosys in a research note on Friday, July 12th. Two 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. The company currently has a consensus rating of “Hold” and a consensus target price of $11.29.

INFY opened at $11.77 on Friday. The company has a market cap of $49.46 billion, a PE ratio of 21.80, a price-to-earnings-growth ratio of 2.22 and a beta of 0.50. The stock has a 50-day moving average of $11.31 and a 200-day moving average of $10.85. Infosys Ltd has a 52-week low of $8.85 and a 52-week high of $12.08.

Infosys (NYSE:INFY) last released its quarterly earnings results on Friday, July 12th. The technology company reported $0.13 earnings per share (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 return on equity of 25.55% and a net margin of 18.26%. The firm’s revenue was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.13 EPS. On average, research analysts predict that Infosys Ltd will post 0.55 EPS for the current 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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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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Mid Atlantic Financial Management Inc. ADV Reduces Holdings in Infosys Ltd (NYSE:INFY)

Mid Atlantic Financial Management Inc. ADV reduced its position in shares of Infosys Ltd (NYSE:INFY) by 15.2% in the 2nd quarter, according to its …

Infosys logoMid Atlantic Financial Management Inc. ADV reduced its position in shares of Infosys Ltd (NYSE:INFY) by 15.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,199 shares of the technology company’s stock after selling 1,833 shares during the quarter. Mid Atlantic Financial Management Inc. ADV’s holdings in Infosys were worth $109,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Enlightenment Research LLC bought a new stake in shares of Infosys in the 2nd quarter valued at about $223,000. Shilanski & Associates Inc. acquired a new position in shares of Infosys in the 2nd quarter valued at approximately $161,000. CIBC Asset Management Inc acquired a new position in shares of Infosys in the 2nd quarter valued at approximately $1,896,000. F3Logic LLC acquired a new position in shares of Infosys in the 2nd quarter valued at approximately $127,000. Finally, Icon Advisers Inc. Co. acquired a new position in shares of Infosys in the 2nd quarter valued at approximately $869,000. 18.06% of the stock is owned by hedge funds and other institutional investors.

Shares of INFY traded up $0.09 during mid-day trading on Friday, reaching $11.77. 9,359,324 shares of the company were exchanged, compared to its average volume of 9,780,635. The stock has a market capitalization of $49.46 billion, a PE ratio of 21.80, a PEG ratio of 2.22 and a beta of 0.50. The business has a 50 day simple moving average of $11.31 and a two-hundred day simple moving average of $10.85. Infosys Ltd has a 52 week low of $8.85 and a 52 week high of $12.08.

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

A number of equities analysts have weighed in on the company. Robert W. Baird set a $13.00 price target on Infosys and gave the stock a “hold” rating in a research report on Friday, September 6th. Citigroup raised Infosys from a “neutral” rating to a “buy” rating in a research report on Friday, July 12th. BMO Capital Markets set a $13.00 price target on Infosys and gave the stock a “hold” rating in a research report on Monday, July 15th. ValuEngine cut Infosys from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Finally, Nomura upgraded Infosys from a “reduce” rating to a “neutral” rating in a research note 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. The stock has an average rating of “Hold” and a consensus target price of $11.29.

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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APG Asset Management NV Has $42.05 Million Stake in Infosys Ltd (NYSE:INFY)

APG Asset Management N.V. decreased its holdings in Infosys Ltd (NYSE:INFY) by 13.9% during the second quarter, according to its most recent filing …

Infosys logoAPG Asset Management N.V. decreased its holdings in Infosys Ltd (NYSE:INFY) by 13.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,475,400 shares of the technology company’s stock after selling 723,200 shares during the period. APG Asset Management N.V. owned about 0.10% of Infosys worth $42,050,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of INFY. FMR LLC increased its holdings in shares of Infosys by 46,711,314.8% in the 1st quarter. FMR LLC now owns 25,224,164 shares of the technology company’s stock valued at $275,699,000 after purchasing an additional 25,224,110 shares during the period. Lazard Asset Management LLC grew its stake in shares of Infosys by 32.0% in the 1st quarter. Lazard Asset Management LLC now owns 37,840,845 shares of the technology company’s stock valued at $413,599,000 after buying an additional 9,169,543 shares in the last quarter. FIL Ltd grew its stake in shares of Infosys by 77.4% in the 1st quarter. FIL Ltd now owns 19,335,219 shares of the technology company’s stock valued at $211,333,000 after buying an additional 8,433,557 shares in the last quarter. NINE MASTS CAPITAL Ltd grew its stake in shares of Infosys by 17,992.1% in the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 5,273,294 shares of the technology company’s stock valued at $56,424,000 after buying an additional 5,244,147 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its stake in shares of Infosys by 370.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,323,528 shares of the technology company’s stock valued at $67,662,000 after buying an additional 4,978,991 shares in the last quarter. Institutional investors own 18.06% of the company’s stock.

Several equities research analysts recently commented on the company. Nomura raised Infosys from a “reduce” rating to a “neutral” rating in a research note on Monday, July 15th. Wedbush reissued a “neutral” rating on shares of Infosys in a research note on Friday, July 12th. Robert W. Baird set a $13.00 price target on Infosys and gave the company a “hold” rating in a research note on Friday, September 6th. Wells Fargo & Co set a $12.00 price target on Infosys and gave the company a “hold” rating in a research note on Friday, May 31st. Finally, Zacks Investment Research raised Infosys from a “sell” rating to a “hold” rating in a research note on Friday, May 17th. 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 company. Infosys currently has an average rating of “Hold” and an average target price of $11.29.

Shares of NYSE INFY opened at $11.77 on Friday. The stock has a market cap of $49.63 billion, a price-to-earnings ratio of 21.80, a PEG ratio of 2.23 and a beta of 0.50. The business has a 50 day simple moving average of $11.31 and a 200 day simple moving average of $10.85. Infosys Ltd has a 52 week low of $8.85 and a 52 week high of $12.08.

Infosys (NYSE:INFY) last announced its earnings results on Friday, July 12th. The technology company reported $0.13 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.13. The firm 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%. The company’s revenue was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.13 earnings per share. Analysts predict that Infosys Ltd will post 0.55 EPS for the current fiscal year.

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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Stock Traders Buy High Volume of Put Options on Infosys (NYSE:INFY)

Infosys Ltd (NYSE:INFY) was the target of some unusual options trading activity on Wednesday. Traders purchased 11,082 put options on the …

Infosys logoInfosys Ltd (NYSE:INFY) was the target of some unusual options trading activity on Wednesday. Traders purchased 11,082 put options on the company. This represents an increase of 2,341% compared to the average volume of 454 put options.

Several large investors have recently modified their holdings of the company. Next Capital Management LLC acquired a new position in Infosys during the first quarter valued at approximately $26,000. NEXT Financial Group Inc grew 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 valued at $27,000 after purchasing an additional 1,150 shares during the period. Asahi Life Asset Management CO. LTD. acquired a new position in Infosys during the first quarter valued at approximately $31,000. American Beacon Advisors Inc. grew 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 valued at $34,000 after purchasing an additional 1,129 shares during the period. Finally, Rational Advisors LLC grew its holdings in Infosys by 50.0% during the first quarter. Rational Advisors LLC now owns 3,662 shares of the technology company’s stock valued at $40,000 after purchasing an additional 1,221 shares during the period. Institutional investors own 18.06% of the company’s stock.

Shares of NYSE INFY opened at $11.68 on Friday. Infosys has a 1-year low of $8.85 and a 1-year high of $12.08. The company has a market cap of $49.63 billion, a PE ratio of 21.63, a P/E/G ratio of 2.23 and a beta of 0.50. The company has a 50-day moving average of $11.31 and a two-hundred day moving average of $10.85.

Infosys (NYSE:INFY) last announced its earnings results on Friday, July 12th. The technology company reported $0.13 earnings per share for the quarter, hitting the Zacks’ consensus estimate 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 during the quarter, compared to the consensus estimate of $216.51 billion. During the same period in the previous year, the firm posted $0.13 earnings per share. The company’s revenue was up 14.0% on a year-over-year basis. As a group, research analysts expect that Infosys will post 0.55 earnings per share for the current year.

A number of research firms recently issued reports on INFY. Wells Fargo & Co set a $12.00 target price on shares of Infosys and gave the company a “hold” rating in a research note on Friday, May 31st. Nomura upgraded shares of Infosys from a “reduce” rating to a “neutral” rating in a research report on Monday, July 15th. Zacks Investment Research upgraded shares of Infosys from a “sell” rating to a “hold” rating in a research report on Friday, May 17th. Robert W. Baird set a $13.00 price target on shares of Infosys and gave the stock a “hold” rating in a research report on Friday, September 6th. Finally, ValuEngine downgraded shares of Infosys from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $11.29.

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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