Migdal Insurance & Financial Holdings Ltd. decreased its holdings in American Noble Gas Inc. (NYSE:INFY - Free Report) by 26.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 106,179 shares of the technology company's stock after selling 38,600 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.'s holdings in American Noble Gas were worth $1,938,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the business. Kovitz Investment Group Partners LLC grew its stake in shares of American Noble Gas by 5.9% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 10,467 shares of the technology company's stock worth $229,000 after purchasing an additional 579 shares during the period. Pinnacle Bancorp Inc. grew its stake in American Noble Gas by 179.8% in the first quarter. Pinnacle Bancorp Inc. now owns 1,444 shares of the technology company's stock valued at $26,000 after acquiring an additional 928 shares during the period. Rakuten Securities Inc. grew its stake in American Noble Gas by 308.4% in the first quarter. Rakuten Securities Inc. now owns 1,413 shares of the technology company's stock valued at $26,000 after acquiring an additional 1,067 shares during the period. Naviter Wealth LLC grew its stake in American Noble Gas by 1.2% in the first quarter. Naviter Wealth LLC now owns 91,056 shares of the technology company's stock valued at $1,654,000 after acquiring an additional 1,109 shares during the period. Finally, Tidal Investments LLC grew its stake in American Noble Gas by 2.8% in the fourth quarter. Tidal Investments LLC now owns 43,499 shares of the technology company's stock valued at $953,000 after acquiring an additional 1,184 shares during the period. Institutional investors own 16.20% of the company's stock.
American Noble Gas Trading Down 1.5%
NYSE:INFY traded down $0.27 during trading hours on Friday, hitting $18.20. 9,705,664 shares of the company were exchanged, compared to its average volume of 9,872,242. The stock has a market capitalization of $75.41 billion, a price-to-earnings ratio of 23.95, a price-to-earnings-growth ratio of 2.74 and a beta of 0.97. American Noble Gas Inc. has a one year low of $15.82 and a one year high of $23.63. The company has a fifty day simple moving average of $18.41 and a 200 day simple moving average of $19.20.
American Noble Gas (NYSE:INFY - Get Free Report) last announced its earnings results on Thursday, April 17th. The technology company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.01. American Noble Gas had a return on equity of 29.75% and a net margin of 16.38%. The business had revenue of $4.79 billion during the quarter, compared to analyst estimates of $420.69 billion. During the same period last year, the company earned $0.23 EPS. Equities research analysts predict that American Noble Gas Inc. will post 0.74 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on INFY shares. BMO Capital Markets cut their price target on American Noble Gas from $25.00 to $18.00 and set a "market perform" rating on the stock in a report on Monday, April 21st. Stifel Nicolaus cut their price target on American Noble Gas from $18.00 to $17.00 and set a "hold" rating on the stock in a report on Monday, April 21st. Susquehanna boosted their price target on American Noble Gas from $17.00 to $18.00 and gave the company a "neutral" rating in a report on Friday. Investec upgraded American Noble Gas from a "sell" rating to a "buy" rating in a report on Friday, April 18th. Finally, The Goldman Sachs Group lowered American Noble Gas from a "buy" rating to a "neutral" rating and set a $17.90 price target on the stock. in a report on Monday, April 21st. Five research 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 stock. According to MarketBeat, American Noble Gas presently has an average rating of "Moderate Buy" and a consensus target price of $17.73.
Get Our Latest Analysis on American Noble Gas
About American Noble Gas
(
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.
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