B. Metzler seel. Sohn & Co. AG Grows Stock Holdings in Infosys Limited (NYSE:INFY)

B. Metzler seel. Sohn & Co. AG increased its stake in Infosys Limited (NYSE:INFY) by 3.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 270,073 shares of the technology company’s stock after buying an additional 8,519 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Infosys were worth $5,920,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. lifted its holdings in Infosys by 6.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 25,841,022 shares of the technology company’s stock valued at $566,435,000 after acquiring an additional 1,501,039 shares during the period. Fisher Asset Management LLC increased its position in shares of Infosys by 0.7% during the 4th quarter. Fisher Asset Management LLC now owns 14,517,359 shares of the technology company’s stock valued at $318,221,000 after purchasing an additional 102,341 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Infosys by 2.9% in the third quarter. Franklin Resources Inc. now owns 11,272,051 shares of the technology company’s stock worth $263,315,000 after buying an additional 322,648 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Infosys by 118.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 7,912,259 shares of the technology company’s stock valued at $173,437,000 after buying an additional 4,296,291 shares during the period. Finally, American Century Companies Inc. increased its holdings in Infosys by 31.3% during the fourth quarter. American Century Companies Inc. now owns 4,603,993 shares of the technology company’s stock valued at $100,920,000 after buying an additional 1,097,105 shares during the last quarter. Institutional investors own 16.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Hsbc Global Res upgraded Infosys from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 9th. Guggenheim restated a “neutral” rating on shares of Infosys in a research report on Friday, January 17th. HSBC raised Infosys from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. CLSA upgraded shares of Infosys from a “hold” rating to an “outperform” rating in a research note on Friday, March 7th. Finally, StockNews.com lowered shares of Infosys from a “buy” rating to a “hold” rating in a research report on Thursday, March 20th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Infosys currently has an average rating of “Hold” and an average target price of $19.70.

Infosys Price Performance

Infosys stock opened at $18.27 on Tuesday. The firm’s 50 day moving average price is $20.40 and its 200-day moving average price is $21.71. Infosys Limited has a 1 year low of $16.04 and a 1 year high of $23.63. The stock has a market cap of $75.66 billion, a P/E ratio of 23.12, a PEG ratio of 3.50 and a beta of 1.01.

Infosys (NYSE:INFY) last announced its quarterly earnings results on Thursday, January 16th. The technology company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. Infosys had a net margin of 17.28% and a return on equity of 31.60%. During the same period in the previous year, the company posted $0.18 EPS. As a group, equities analysts expect that Infosys Limited will post 0.74 EPS for the current year.

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.