Natixis Advisors LLC Boosts Stock Holdings in Infosys Limited (NYSE:INFY)

Natixis Advisors LLC raised its holdings in shares of Infosys Limited (NYSE:INFY - Free Report) by 53.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 410,381 shares of the technology company's stock after acquiring an additional 143,439 shares during the quarter. Natixis Advisors LLC's holdings in Infosys were worth $8,996,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans lifted its holdings in shares of Infosys by 495.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 154,395 shares of the technology company's stock valued at $3,438,000 after purchasing an additional 128,457 shares during the last quarter. Pathstone Holdings LLC lifted its stake in Infosys by 3.7% in the third quarter. Pathstone Holdings LLC now owns 129,321 shares of the technology company's stock valued at $2,880,000 after buying an additional 4,587 shares during the last quarter. Caprock Group LLC boosted its holdings in shares of Infosys by 1.1% in the third quarter. Caprock Group LLC now owns 63,593 shares of the technology company's stock valued at $1,416,000 after acquiring an additional 720 shares during the period. PNC Financial Services Group Inc. grew its position in shares of Infosys by 2.6% during the third quarter. PNC Financial Services Group Inc. now owns 74,570 shares of the technology company's stock worth $1,661,000 after acquiring an additional 1,888 shares during the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new position in shares of Infosys in the 3rd quarter valued at $350,000. 16.20% of the stock is owned by institutional investors and hedge funds.

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Infosys Stock Performance

NYSE:INFY traded up $0.27 during mid-day trading on Tuesday, hitting $18.86. 11,605,208 shares of the company's stock traded hands, compared to its average volume of 9,355,374. Infosys Limited has a 1 year low of $16.04 and a 1 year high of $23.81. The company has a market cap of $78.12 billion, a PE ratio of 23.87, a price-to-earnings-growth ratio of 3.50 and a beta of 1.01. The firm's 50 day simple moving average is $20.73 and its 200 day simple moving average is $21.86.

Infosys (NYSE:INFY - Get Free Report) last issued its quarterly earnings data on Thursday, January 16th. The technology company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 company earned $0.18 EPS. On average, research analysts expect that Infosys Limited will post 0.74 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Guggenheim reaffirmed a "neutral" rating on shares of Infosys in a report on Friday, January 17th. Hsbc Global Res raised Infosys from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 9th. HSBC raised Infosys from a "hold" rating to a "buy" rating in a research report on Monday, December 9th. CLSA raised shares of Infosys from a "hold" rating to an "outperform" rating in a research note on Friday, March 7th. Finally, StockNews.com cut Infosys from a "buy" rating to a "hold" rating in a research report on Thursday, March 20th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $19.70.

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.