Infosys Limited (NYSE:INFY) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC raised its stake in Infosys Limited (NYSE:INFY) by 7.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 446,220 shares of the technology company’s stock after buying an additional 30,364 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Infosys were worth $9,781,000 at the end of the most recent quarter.

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

Infosys Price Performance

NYSE:INFY opened at $18.27 on Tuesday. The firm has a market capitalization of $75.66 billion, a PE ratio of 23.12, a price-to-earnings-growth ratio of 3.50 and a beta of 1.01. The business’s fifty day moving average price is $20.40 and its 200 day moving average price is $21.71. Infosys Limited has a 12 month low of $16.04 and a 12 month high of $23.63.

Infosys (NYSE:INFY) last released its quarterly earnings data on Thursday, January 16th. The technology company reported $0.19 EPS 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 company posted $0.18 EPS. As a group, equities analysts anticipate that Infosys Limited will post 0.74 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.