U.S. Capital Wealth Advisors LLC Makes New Investment in Infosys Limited (NYSE:INFY)

U.S. Capital Wealth Advisors LLC bought a new position in Infosys Limited (NYSE:INFY) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,200 shares of the technology company’s stock, valued at approximately $246,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Mizuho Securities Co. Ltd. acquired a new stake in Infosys in the third quarter worth approximately $33,000. Brooklyn Investment Group acquired a new stake in Infosys in the fourth quarter worth approximately $52,000. Wilmington Savings Fund Society FSB acquired a new stake in Infosys in the third quarter worth approximately $57,000. Whittier Trust Co. of Nevada Inc. lifted its position in Infosys by 25.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 3,795 shares of the technology company’s stock worth $85,000 after purchasing an additional 766 shares during the period. Finally, GAMMA Investing LLC lifted its position in Infosys by 34.3% in the third quarter. GAMMA Investing LLC now owns 3,936 shares of the technology company’s stock worth $88,000 after purchasing an additional 1,005 shares during the period. 16.20% of the stock is currently owned by institutional investors and hedge funds.

Infosys Stock Down 0.4 %

Shares of NYSE:INFY opened at $22.22 on Friday. The company’s fifty day moving average is $22.42 and its two-hundred day moving average is $22.33. Infosys Limited has a 12-month low of $16.04 and a 12-month high of $23.63. The company has a market cap of $92.05 billion, a P/E ratio of 28.13, a price-to-earnings-growth ratio of 3.60 and a beta of 1.00.

Infosys (NYSE:INFY) last posted its quarterly earnings results on Thursday, January 16th. The technology company reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates 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 prior year, the firm earned $0.18 EPS. Equities research analysts anticipate that Infosys Limited will post 0.74 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Hsbc Global Res upgraded Infosys from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 9th. Guggenheim reaffirmed a “neutral” rating on shares of Infosys in a report on Friday, January 17th. HSBC raised Infosys from a “hold” rating to a “buy” rating in a report on Monday, December 9th. StockNews.com raised Infosys from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Finally, BMO Capital Markets upped their price target on Infosys from $23.00 to $25.00 and gave the company a “market perform” rating in a report on Friday, October 18th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $20.22.

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.