Greenleaf Trust Has $377,000 Stock Holdings in Infosys Limited (NYSE:INFY)

Greenleaf Trust lessened its stake in shares of Infosys Limited (NYSE:INFY - Free Report) by 51.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,221 shares of the technology company's stock after selling 18,413 shares during the period. Greenleaf Trust's holdings in Infosys were worth $377,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Cetera Investment Advisers grew its position in shares of Infosys by 12.8% in the 2nd quarter. Cetera Investment Advisers now owns 67,625 shares of the technology company's stock valued at $1,259,000 after acquiring an additional 7,662 shares during the period. Sanctuary Advisors LLC bought a new position in Infosys during the second quarter worth about $309,000. GAMMA Investing LLC increased its position in Infosys by 34.3% during the third quarter. GAMMA Investing LLC now owns 3,936 shares of the technology company's stock worth $88,000 after buying an additional 1,005 shares during the last quarter. Atomi Financial Group Inc. raised its stake in Infosys by 69.4% in the third quarter. Atomi Financial Group Inc. now owns 37,608 shares of the technology company's stock valued at $838,000 after buying an additional 15,405 shares during the period. Finally, Artemis Investment Management LLP lifted its position in shares of Infosys by 229.5% in the third quarter. Artemis Investment Management LLP now owns 50,057 shares of the technology company's stock valued at $1,115,000 after buying an additional 34,864 shares during the last quarter. 16.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the stock. HSBC raised shares of Infosys from a "hold" rating to a "buy" rating in a report on Monday, December 9th. Hsbc Global Res raised Infosys from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 9th. StockNews.com raised Infosys from a "hold" rating to a "buy" rating in a report on Wednesday, January 22nd. BMO Capital Markets boosted their price target on Infosys from $23.00 to $25.00 and gave the company a "market perform" rating in a research note on Friday, October 18th. Finally, Guggenheim reissued a "neutral" rating on shares of Infosys in a report on Friday, January 17th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $20.22.

Infosys Stock Performance

Shares of Infosys stock traded down $0.40 on Friday, hitting $21.85. The stock had a trading volume of 9,617,540 shares, compared to its average volume of 10,675,010. The stock has a 50 day moving average of $22.40 and a 200 day moving average of $22.33. The firm has a market capitalization of $90.48 billion, a P/E ratio of 27.65, a PEG ratio of 3.64 and a beta of 1.00. Infosys Limited has a twelve month low of $16.04 and a twelve month high of $23.63.

Infosys (NYSE:INFY - Get Free Report) last posted its quarterly earnings data on Thursday, January 16th. The technology company reported $0.19 earnings per share for the quarter, meeting analysts' consensus estimates of $0.19. Infosys had a return on equity of 31.60% and a net margin of 17.28%. During the same period in the prior year, the business earned $0.18 earnings per share. Equities analysts expect that Infosys Limited will post 0.74 earnings per share for the current year.

Infosys Profile

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.