Janus Henderson Group PLC Has $6.72 Million Holdings in Infosys Limited (NYSE:INFY)

Janus Henderson Group PLC lifted its stake in shares of Infosys Limited (NYSE:INFY - Free Report) by 15.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 306,594 shares of the technology company's stock after acquiring an additional 41,120 shares during the quarter. Janus Henderson Group PLC's holdings in Infosys were worth $6,722,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. BHK Investment Advisors LLC boosted its stake in shares of Infosys by 2.3% during the 4th quarter. BHK Investment Advisors LLC now owns 22,785 shares of the technology company's stock worth $499,000 after acquiring an additional 507 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its stake in shares of Infosys by 5.9% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 10,467 shares of the technology company's stock worth $229,000 after acquiring an additional 579 shares in the last quarter. Flagship Harbor Advisors LLC boosted its stake in shares of Infosys by 6.2% during the 4th quarter. Flagship Harbor Advisors LLC now owns 11,026 shares of the technology company's stock worth $242,000 after acquiring an additional 641 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in Infosys by 1.7% during the 4th quarter. Atomi Financial Group Inc. now owns 38,263 shares of the technology company's stock valued at $839,000 after purchasing an additional 655 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in Infosys by 1.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 47,919 shares of the technology company's stock valued at $1,050,000 after purchasing an additional 682 shares during the period. Institutional investors own 16.20% of the company's stock.

Infosys Stock Down 0.6%

Infosys stock traded down $0.11 during trading hours on Wednesday, hitting $18.14. The stock had a trading volume of 7,863,213 shares, compared to its average volume of 9,707,229. The company has a 50-day moving average of $17.69 and a two-hundred day moving average of $20.39. The company has a market cap of $75.12 billion, a PE ratio of 22.96, a price-to-earnings-growth ratio of 3.50 and a beta of 0.98. Infosys Limited has a fifty-two week low of $15.82 and a fifty-two week high of $23.63.

Infosys (NYSE:INFY - Get Free Report) last posted its quarterly earnings results on Thursday, April 17th. The technology company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.19 by $0.01. The firm had revenue of $4.79 billion during the quarter, compared to analysts' expectations of $420.69 billion. Infosys had a return on equity of 31.60% and a net margin of 17.28%. During the same quarter in the prior year, the firm posted $0.23 EPS. As a group, analysts forecast that Infosys Limited will post 0.74 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on INFY shares. Stifel Nicolaus decreased their target price on Infosys from $18.00 to $17.00 and set a "hold" rating for the company in a research note on Monday, April 21st. The Goldman Sachs Group downgraded Infosys from a "buy" rating to a "neutral" rating and set a $17.90 target price for the company. in a research note on Monday, April 21st. StockNews.com upgraded Infosys from a "hold" rating to a "buy" rating in a research note on Friday, May 16th. BMO Capital Markets decreased their target price on Infosys from $25.00 to $18.00 and set a "market perform" rating for the company in a research note on Monday, April 21st. Finally, Investec upgraded Infosys from a "sell" rating to a "buy" rating in a research note on Friday, April 18th. Six analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $17.48.

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.