CAPROCK Group Inc. Has $520,000 Stake in Infosys Restricted (NYSE:INFY)

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CAPROCK Group Inc. raised its place in Infosys Restricted (NYSE:INFY – Get Ranking) by 5.8% in the course of the first quarter, in line with its most up-to-date submitting with the SEC. The agency owned 20,891 shares of the expertise firm’s inventory after buying a further 1,146 shares in the course of the interval. CAPROCK Group Inc.’s holdings in Infosys have been price $520,000 as of its most up-to-date submitting with the SEC.

A number of different giant traders additionally just lately added to or decreased their stakes in INFY. Marshall Wace LLP elevated its stake in shares of Infosys by 5.6% within the third quarter. Marshall Wace LLP now owns 53,452 shares of the expertise firm’s inventory valued at $1,188,000 after buying a further 2,840 shares within the final quarter. Cubist Systematic Methods LLC purchased a brand new stake in shares of Infosys within the third quarter valued at $1,151,000. MML Traders Providers LLC elevated its stake in shares of Infosys by 6.0% within the third quarter. MML Traders Providers LLC now owns 21,493 shares of the expertise firm’s inventory valued at $478,000 after buying a further 1,221 shares within the final quarter. LPL Monetary LLC elevated its stake in shares of Infosys by 5.8% within the third quarter. LPL Monetary LLC now owns 264,750 shares of the expertise firm’s inventory valued at $5,891,000 after buying a further 14,456 shares within the final quarter. Lastly, United Capital Monetary Advisers LLC purchased a brand new stake in shares of Infosys within the third quarter valued at $271,000. Institutional traders personal 15.42% of the corporate’s inventory.

NYSE INFY opened at $18.44 on Friday. Infosys Restricted has a 1 12 months low of $17.52 and a 1 12 months excessive of $26.39. The agency has a market cap of $77.29 billion, a price-to-earnings ratio of 26.34, a PEG ratio of two.44 and a beta of 1.03. The corporate has a fifty day transferring common value of $19.29 and a 200-day transferring common value of $22.22.

Infosys (NYSE:INFY – Get Ranking) final posted its earnings outcomes on Wednesday, April thirteenth. The expertise firm reported $0.18 earnings per share (EPS) for the quarter, lacking the consensus estimate of $0.19 by ($0.01). Infosys had a return on fairness of 30.72% and a web margin of 18.17%. The agency had income of $4.28 billion in the course of the quarter, in comparison with the consensus estimate of $4.30 billion. Throughout the identical quarter within the earlier 12 months, the corporate earned $0.16 EPS. Equities analysts forecast that Infosys Restricted will put up 0.77 EPS for the present fiscal 12 months.

The enterprise additionally just lately declared a dividend, which was paid on Wednesday, June 1st. Traders of document on Wednesday, June 1st have been issued a $0.177 dividend. This is a rise from Infosys’s earlier dividend of $0.10. The ex-dividend date of this dividend was Tuesday, Might thirty first. Infosys’s payout ratio is 50.00%.

A variety of analysts have commented on INFY shares. BMO Capital Markets decreased their value goal on shares of Infosys from $28.00 to $25.00 and set a “market carry out” ranking for the corporate in a analysis word on Thursday, April 14th. HSBC upgraded shares of Infosys from a “maintain” ranking to a “purchase” ranking in a analysis word on Tuesday, Might thirty first. Macquarie began protection on shares of Infosys in a analysis word on Monday, April eleventh. They set an “outperform” ranking for the corporate. StockNews.com upgraded shares of Infosys from a “maintain” ranking to a “purchase” ranking in a analysis word on Tuesday, April twenty sixth. Lastly, Stifel Nicolaus decreased their value goal on shares of Infosys to $23.00 in a analysis word on Wednesday, April thirteenth. Two funding analysts have rated the inventory with a maintain ranking and 5 have issued a purchase ranking to the inventory. In accordance with knowledge from MarketBeat.com, Infosys has a mean ranking of “Reasonable Purchase” and a mean value goal of $26.75.

Infosys Firm Profile (Get Ranking)

Infosys Restricted, along with its subsidiaries, supplies consulting, expertise, outsourcing, and next-generation digital companies in North America, Europe, India, and internationally. It supplies software improvement and administration, unbiased validation, product engineering and administration, infrastructure administration, enterprise software administration, assist and integration, and enterprise course of administration companies.

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Institutional Ownership by Quarter for Infosys (NYSE:INFY)



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