Baldwin Wealth Partners LLC MA Purchases 4,867 Shares of Infosys Limited (NYSE:INFY)

Baldwin Wealth Partners LLC MA grew its position in shares of Infosys Limited (NYSE:INFY) by 45.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,532 shares of the technology company’s stock after buying an additional 4,867 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in Infosys were worth $340,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Union Bancaire Privee UBP SA acquired a new stake in shares of Infosys in the fourth quarter valued at $508,000. Blue Trust Inc. lifted its position in Infosys by 61.2% during the 4th quarter. Blue Trust Inc. now owns 76,065 shares of the technology company’s stock worth $1,694,000 after buying an additional 28,880 shares in the last quarter. Flagship Harbor Advisors LLC grew its holdings in Infosys by 6.2% during the 4th quarter. Flagship Harbor Advisors LLC now owns 11,026 shares of the technology company’s stock worth $242,000 after acquiring an additional 641 shares during the last quarter. Geneos Wealth Management Inc. increased its position in Infosys by 1.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 47,919 shares of the technology company’s stock valued at $1,050,000 after acquiring an additional 682 shares in the last quarter. Finally, DGS Capital Management LLC raised its stake in shares of Infosys by 18.7% in the fourth quarter. DGS Capital Management LLC now owns 74,998 shares of the technology company’s stock worth $1,644,000 after acquiring an additional 11,789 shares during the last quarter. Institutional investors and hedge funds own 16.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on INFY. Guggenheim reissued a “neutral” rating on shares of Infosys in a research note on Friday, January 17th. Investec lowered Infosys from a “hold” rating to a “sell” rating in a research report on Thursday, October 3rd. StockNews.com upgraded Infosys from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Hsbc Global Res upgraded Infosys from a “hold” rating to a “strong-buy” rating in a report on Monday, December 9th. Finally, HSBC upgraded Infosys from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $20.22.

Infosys Stock Down 0.7 %

Shares of Infosys stock opened at $21.53 on Tuesday. Infosys Limited has a 12 month low of $16.04 and a 12 month high of $23.63. The business has a fifty day simple moving average of $22.49 and a 200 day simple moving average of $22.28. The stock has a market cap of $89.15 billion, a PE ratio of 27.25, a price-to-earnings-growth ratio of 3.54 and a beta of 1.00.

Infosys (NYSE:INFY) last announced its quarterly earnings results on Thursday, January 16th. The technology company reported $0.19 EPS for the quarter, meeting analysts’ consensus estimates of $0.19. 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 firm posted $0.18 earnings per share. Analysts expect that Infosys Limited will post 0.74 EPS for the current fiscal year.

Infosys Company 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.