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

Yousif Capital Management LLC increased its stake in shares of Infosys Limited (NYSE:INFY) by 8.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,851 shares of the technology company’s stock after buying an additional 5,613 shares during the period. Yousif Capital Management LLC’s holdings in Infosys were worth $1,509,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in INFY. Robeco Institutional Asset Management B.V. increased its stake in shares of Infosys by 68.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 24,339,983 shares of the technology company’s stock valued at $542,051,000 after buying an additional 9,923,744 shares during the period. Victory Capital Management Inc. boosted its holdings in Infosys by 6,071.1% in the third quarter. Victory Capital Management Inc. now owns 4,739,830 shares of the technology company’s stock valued at $105,556,000 after acquiring an additional 4,663,023 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Infosys in the third quarter worth about $36,039,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Infosys by 186.3% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,186,685 shares of the technology company’s stock worth $48,697,000 after purchasing an additional 1,422,814 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its position in Infosys by 9.7% during the 3rd quarter. Fisher Asset Management LLC now owns 14,415,018 shares of the technology company’s stock valued at $321,022,000 after purchasing an additional 1,271,890 shares during the period. Institutional investors own 16.20% of the company’s stock.

Analysts Set New Price Targets

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

Infosys Stock Down 1.0 %

Shares of INFY stock opened at $21.75 on Thursday. The firm has a market capitalization of $90.09 billion, a price-to-earnings ratio of 27.53, a price-to-earnings-growth ratio of 3.64 and a beta of 1.00. Infosys Limited has a 12-month low of $16.04 and a 12-month high of $23.63. The firm has a fifty day moving average of $22.39 and a 200-day moving average of $22.33.

Infosys (NYSE:INFY) last released its quarterly earnings results on Thursday, January 16th. The technology company reported $0.19 EPS for the quarter, hitting 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 quarter last year, the company earned $0.18 EPS. Research 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.