Waverton Investment Management Ltd Boosts Holdings in Infosys Limited NYSE:INFY

Waverton Investment Management Ltd increased its stake in Infosys Limited (NYSE:INFY) by 10.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,889 shares of the technology company's stock after purchasing an additional 4,917 shares during the period. Waverton Investment Management Ltd's holdings in Infosys were worth $1,189,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors and hedge funds also recently made changes to their positions in INFY. Van ECK Associates Corp decreased its stake in Infosys by 0.7% during the first quarter. Van ECK Associates Corp now owns 73,589 shares of the technology company's stock worth $1,721,000 after selling 49,070 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in Infosys by 71.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 19,755 shares of the technology company's stock worth $542,000 after acquiring an additional 8,200 shares during the last quarter. Infosys Limited (NYSE:INFY) shares traded down $0.19 during trading hours on Tuesday, reaching $14.51. The company's stock had a trading volume of 5,896,907 shares, compared to its average volume of 11,042,303. Infosys Limited has a 1-year low of $13.88 and a 1-year high of $16.13. The company has a current ratio of 2.68, a quick ratio of 2.68 and a debt-to-equity ratio of 0.09. The stock has a market cap of $31,933.77, a P/E ratio of 15.75, a P/E/G ratio of 2.09 and a beta of 0.61. The company has a 50 day moving average of $13.82 and a 200-day moving average of $14.86. Infosys Limited (NYSE:INFY) last posted its quarterly earnings results on Wednesday, January 13th. The technology company reported $0.12 EPS for the quarter, meeting analysts' consensus estimates of $0.12. The company had revenue of $3.51 billion for the quarter, compared to the consensus estimate of $3.44 billion. Infosys had a net margin of 18.83% and a return on equity of 26.98%. The firm's revenue for the quarter was up 6.6% on a year-over-year basis. Analysts forecast that Infosys Limited will post 0.53 EPS for the current fiscal year.