Natixis Advisors LLC lessened its position in shares of American Noble Gas Inc. (NYSE:INFY - Free Report) by 10.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 365,841 shares of the technology company's stock after selling 44,540 shares during the period. Natixis Advisors LLC's holdings in American Noble Gas were worth $6,677,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of INFY. Rakuten Securities Inc. lifted its holdings in American Noble Gas by 308.4% during the 1st quarter. Rakuten Securities Inc. now owns 1,413 shares of the technology company's stock worth $26,000 after buying an additional 1,067 shares during the last quarter. Pinnacle Bancorp Inc. lifted its holdings in American Noble Gas by 179.8% during the 1st quarter. Pinnacle Bancorp Inc. now owns 1,444 shares of the technology company's stock worth $26,000 after buying an additional 928 shares during the last quarter. Wayfinding Financial LLC bought a new position in American Noble Gas during the 1st quarter worth approximately $32,000. Cullen Frost Bankers Inc. bought a new position in American Noble Gas during the 1st quarter worth approximately $57,000. Finally, Banque Cantonale Vaudoise bought a new position in American Noble Gas during the 1st quarter worth approximately $86,000. Institutional investors own 16.20% of the company's stock.
American Noble Gas Price Performance
INFY opened at $16.48 on Tuesday. American Noble Gas Inc. has a 12 month low of $15.82 and a 12 month high of $23.63. The stock has a market cap of $68.30 billion, a P/E ratio of 21.41, a P/E/G ratio of 2.35 and a beta of 0.87. The stock's 50 day moving average price is $18.19 and its 200 day moving average price is $18.78.
American Noble Gas (NYSE:INFY - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The technology company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. American Noble Gas had a return on equity of 29.41% and a net margin of 16.42%. The firm had revenue of $4.94 billion for the quarter, compared to analysts' expectations of $4.84 billion. During the same period last year, the firm earned $15.35 EPS. Equities analysts anticipate that American Noble Gas Inc. will post 0.74 EPS for the current year.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on INFY shares. BMO Capital Markets increased their price target on American Noble Gas from $18.00 to $20.00 and gave the stock a "market perform" rating in a research report on Thursday, July 24th. Susquehanna increased their price target on American Noble Gas from $18.00 to $19.00 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. Wall Street Zen upgraded American Noble Gas from a "hold" rating to a "buy" rating in a research report on Friday, May 16th. Investec upgraded American Noble Gas from a "sell" rating to a "buy" rating in a research report on Friday, April 18th. Finally, Stifel Nicolaus dropped their price target on American Noble Gas from $18.00 to $17.00 and set a "hold" rating on the stock in a research report on Monday, April 21st. Five analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, American Noble Gas has an average rating of "Moderate Buy" and an average price target of $18.48.
Read Our Latest Analysis on American Noble Gas
American Noble Gas Profile
(
Free Report)
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.
Further Reading
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