Tudor Investment Corp ET AL Has $4.69 Million Position in Infosys Limited (NYSE:INFY)

Tudor Investment Corp ET AL grew its stake in shares of Infosys Limited (NYSE:INFY - Free Report) by 1,978.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 213,853 shares of the technology company's stock after buying an additional 203,565 shares during the period. Tudor Investment Corp ET AL's holdings in Infosys were worth $4,688,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC grew its position in Infosys by 11.8% in the third quarter. Barclays PLC now owns 2,523,605 shares of the technology company's stock valued at $56,200,000 after acquiring an additional 266,902 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Infosys in the third quarter worth $57,000. Tidal Investments LLC raised its stake in shares of Infosys by 31.6% in the 3rd quarter. Tidal Investments LLC now owns 42,315 shares of the technology company's stock valued at $942,000 after purchasing an additional 10,149 shares in the last quarter. Franklin Resources Inc. boosted its stake in Infosys by 2.9% in the third quarter. Franklin Resources Inc. now owns 11,272,051 shares of the technology company's stock valued at $263,315,000 after acquiring an additional 322,648 shares during the period. Finally, GAMMA Investing LLC grew its stake in Infosys by 14.2% during the 4th quarter. GAMMA Investing LLC now owns 4,496 shares of the technology company's stock worth $99,000 after buying an additional 560 shares during the last quarter. 16.20% of the stock is currently owned by institutional investors and hedge funds.

Infosys Stock Performance

Shares of Infosys stock traded down $0.10 during trading on Wednesday, hitting $17.68. 1,623,642 shares of the stock traded hands, compared to its average volume of 9,619,000. The company has a fifty day moving average price of $17.95 and a two-hundred day moving average price of $20.64. The stock has a market cap of $73.21 billion, a P/E ratio of 22.37, a PEG ratio of 3.50 and a beta of 0.98. Infosys Limited has a twelve month low of $15.82 and a twelve month high of $23.63.

Infosys (NYSE:INFY - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The technology company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.19 by $0.01. The company had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $420.69 billion. Infosys had a return on equity of 31.60% and a net margin of 17.28%. During the same period in the previous year, the business posted $0.23 EPS. On average, equities research analysts expect that Infosys Limited will post 0.74 EPS for the current fiscal year.

Wall Street Analyst Weigh In

INFY has been the subject of several recent analyst reports. Susquehanna upgraded shares of Infosys from a "negative" rating to a "neutral" rating and set a $17.00 target price for the company in a research report on Monday, April 14th. BMO Capital Markets decreased their price objective on Infosys from $25.00 to $18.00 and set a "market perform" rating for the company in a report on Monday, April 21st. Investec raised shares of Infosys from a "sell" rating to a "buy" rating in a report on Friday, April 18th. Guggenheim reaffirmed a "neutral" rating on shares of Infosys in a research note on Friday, January 17th. Finally, Stifel Nicolaus dropped their price objective on Infosys from $18.00 to $17.00 and set a "hold" rating on the stock in a research note on Monday, April 21st. Seven research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Infosys has an average rating of "Moderate Buy" and an average target price of $17.48.

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.