Infosys (NYSE:INFY – Get Free Report) is scheduled to release its earnings data before the market opens on Thursday, April 18th. Analysts expect Infosys to post earnings of $0.17 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Infosys Stock Performance
NYSE INFY opened at $17.28 on Tuesday. Infosys has a one year low of $14.71 and a one year high of $20.74. The company has a 50-day simple moving average of $19.08 and a 200-day simple moving average of $18.36. The firm has a market capitalization of $71.50 billion, a PE ratio of 24.33, a price-to-earnings-growth ratio of 2.34 and a beta of 0.93.
Institutional Trading of Infosys
A number of hedge funds and other institutional investors have recently made changes to their positions in INFY. FWL Investment Management LLC bought a new stake in shares of Infosys during the 4th quarter worth about $27,000. Natixis bought a new stake in shares of Infosys in the 4th quarter worth approximately $110,000. Penserra Capital Management LLC raised its holdings in shares of Infosys by 199.0% in the 4th quarter. Penserra Capital Management LLC now owns 6,354 shares of the technology company’s stock worth $114,000 after purchasing an additional 4,229 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of Infosys by 24.4% in the 2nd quarter. Captrust Financial Advisors now owns 6,549 shares of the technology company’s stock worth $121,000 after purchasing an additional 1,286 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Infosys by 121.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,614 shares of the technology company’s stock worth $122,000 after purchasing an additional 3,630 shares in the last quarter. 10.89% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Read Our Latest Research Report on INFY
About Infosys
Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides application management and application development services, independent validation solutions, product engineering and management, infrastructure management services, traditional enterprise application implementation, support, and integration services.
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