O Shaughnessy Asset Management LLC Has $9.78 Million Holdings in Infosys Limited (NYSE:INFY)

O Shaughnessy Asset Management LLC grew its holdings in Infosys Limited (NYSE:INFY - Free Report) by 7.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 446,220 shares of the technology company's stock after acquiring an additional 30,364 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Infosys were worth $9,781,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Robeco Institutional Asset Management B.V. increased its stake in Infosys by 6.2% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 25,841,022 shares of the technology company's stock valued at $566,435,000 after acquiring an additional 1,501,039 shares during the period. Fisher Asset Management LLC grew its holdings in shares of Infosys by 0.7% during the 4th quarter. Fisher Asset Management LLC now owns 14,517,359 shares of the technology company's stock worth $318,221,000 after purchasing an additional 102,341 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Infosys by 2.9% during the third quarter. Franklin Resources Inc. now owns 11,272,051 shares of the technology company's stock valued at $263,315,000 after purchasing an additional 322,648 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of Infosys by 118.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 7,912,259 shares of the technology company's stock valued at $173,437,000 after purchasing an additional 4,296,291 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in Infosys by 31.3% in the fourth quarter. American Century Companies Inc. now owns 4,603,993 shares of the technology company's stock worth $100,920,000 after purchasing an additional 1,097,105 shares during the period. Institutional investors and hedge funds own 16.20% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities research analysts have issued reports 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 shares of Infosys from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 9th. Guggenheim restated a "neutral" rating on shares of Infosys in a research note on Friday, January 17th. StockNews.com lowered Infosys from a "buy" rating to a "hold" rating in a research note on Thursday, March 20th. Finally, CLSA upgraded Infosys from a "hold" rating to an "outperform" rating in a research report on Friday, March 7th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $19.70.

Infosys Stock Down 4.5 %

INFY stock traded down $0.78 during midday trading on Friday, reaching $16.58. 19,389,026 shares of the company's stock traded hands, compared to its average volume of 9,507,468. The company has a 50-day simple moving average of $20.08 and a two-hundred day simple moving average of $21.57. Infosys Limited has a 1-year low of $16.04 and a 1-year high of $23.63. The company has a market cap of $68.66 billion, a price-to-earnings ratio of 20.98, a PEG ratio of 3.50 and a beta of 1.01.

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 the consensus estimate of $0.19. Infosys had a net margin of 17.28% and a return on equity of 31.60%. During the same period in the previous year, the firm posted $0.18 earnings per share. Equities research analysts forecast that Infosys Limited will post 0.74 EPS for the current year.

Infosys Company 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.