Yousif Capital Management LLC Has $1.51 Million Stock Holdings in Infosys Limited (NYSE:INFY)

Yousif Capital Management LLC lifted its position in Infosys Limited (NYSE:INFY) by 8.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,851 shares of the technology company’s stock after buying an additional 5,613 shares during the quarter. Yousif Capital Management LLC’s holdings in Infosys were worth $1,509,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Cetera Investment Advisers boosted its stake in Infosys by 12.8% during the 2nd quarter. Cetera Investment Advisers now owns 67,625 shares of the technology company’s stock valued at $1,259,000 after purchasing an additional 7,662 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Infosys during the second quarter worth approximately $309,000. Creative Planning boosted its position in shares of Infosys by 26.4% in the third quarter. Creative Planning now owns 400,866 shares of the technology company’s stock valued at $8,927,000 after acquiring an additional 83,648 shares during the period. Vontobel Holding Ltd. grew its stake in shares of Infosys by 3.9% in the third quarter. Vontobel Holding Ltd. now owns 823,280 shares of the technology company’s stock worth $18,334,000 after acquiring an additional 30,574 shares during the last quarter. Finally, Aaron Wealth Advisors LLC bought a new position in Infosys during the third quarter worth $280,000. 16.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. HSBC raised shares of Infosys from a “hold” rating to a “buy” rating in a report on Monday, December 9th. StockNews.com raised Infosys from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Hsbc Global Res upgraded Infosys from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 9th. BMO Capital Markets raised their price objective on Infosys from $23.00 to $25.00 and gave the stock a “market perform” rating in a research report on Friday, October 18th. Finally, Guggenheim reissued a “neutral” rating on shares of Infosys in a report on Friday, January 17th. Two research analysts have rated the stock with a sell rating, three have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $20.22.

Infosys Trading Down 1.0 %

Shares of INFY opened at $21.75 on Thursday. The stock has a market cap of $90.09 billion, a PE ratio of 27.53, a PEG ratio of 3.64 and a beta of 1.00. Infosys Limited has a 1 year low of $16.04 and a 1 year high of $23.63. The stock has a 50 day simple moving average of $22.39 and a 200-day simple moving average of $22.33.

Infosys (NYSE:INFY) last released its quarterly earnings data on Thursday, January 16th. The technology company reported $0.19 earnings per share (EPS) for the quarter, hitting 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 quarter last year, the company earned $0.18 earnings per share. On average, sell-side analysts forecast that Infosys Limited will post 0.74 EPS for the current fiscal year.

About Infosys

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.