Raiffeisen Bank International AG grew its position in shares of American Noble Gas Inc. (NYSE:INFY - Free Report) by 17.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 246,670 shares of the technology company's stock after purchasing an additional 37,120 shares during the quarter. Raiffeisen Bank International AG's holdings in American Noble Gas were worth $4,482,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Haven Private LLC lifted its stake in shares of American Noble Gas by 21.2% in the 1st quarter. Haven Private LLC now owns 43,965 shares of the technology company's stock valued at $802,000 after purchasing an additional 7,678 shares during the period. R Squared Ltd increased its holdings in American Noble Gas by 236.0% in the first quarter. R Squared Ltd now owns 81,570 shares of the technology company's stock worth $1,489,000 after purchasing an additional 57,290 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in American Noble Gas by 893.8% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 139,136 shares of the technology company's stock valued at $2,539,000 after buying an additional 125,136 shares during the period. PNC Financial Services Group Inc. lifted its stake in American Noble Gas by 2.1% in the first quarter. PNC Financial Services Group Inc. now owns 75,137 shares of the technology company's stock valued at $1,371,000 after buying an additional 1,570 shares during the period. Finally, Jupiter Asset Management Ltd. bought a new position in shares of American Noble Gas during the 1st quarter worth approximately $1,971,000. Institutional investors and hedge funds own 16.20% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. Stifel Nicolaus lowered their price objective on shares of American Noble Gas from $18.00 to $17.00 and set a "hold" rating for the company in a research note on Monday, April 21st. Investec raised shares of American Noble Gas from a "sell" rating to a "buy" rating in a research note on Friday, April 18th. The Goldman Sachs Group cut shares of American Noble Gas from a "buy" rating to a "neutral" rating and set a $17.90 price objective on the stock. in a research report on Monday, April 21st. Susquehanna raised their target price on American Noble Gas from $18.00 to $19.00 and gave the company a "neutral" rating in a research note on Thursday, July 24th. Finally, Wall Street Zen raised American Noble Gas from a "hold" rating to a "buy" rating in a research note on Friday, May 16th. Five equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $18.48.
Get Our Latest Stock Analysis on INFY
American Noble Gas Price Performance
Shares of NYSE INFY opened at $16.42 on Monday. The company has a 50-day moving average price of $18.23 and a 200-day moving average price of $18.82. The stock has a market capitalization of $68.04 billion, a P/E ratio of 21.32, a P/E/G ratio of 2.35 and a beta of 0.87. American Noble Gas Inc. has a 1 year low of $15.82 and a 1 year high of $23.63.
American Noble Gas (NYSE:INFY - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The technology company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.19. The business had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.84 billion. American Noble Gas had a return on equity of 29.41% and a net margin of 16.42%. During the same quarter in the previous year, the business earned $15.35 EPS. As a group, equities research analysts anticipate that American Noble Gas Inc. will post 0.74 earnings per share for the current fiscal year.
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider American Noble Gas, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Noble Gas wasn't on the list.
While American Noble Gas currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
