Infosys LTD (INFY) Holder Segantii Capital Management LTD Boosted Its Position

June 20, 2017 - By Peter Erickson

Simon Sadler increased its stake in Infosys Ltd (INFY) by 115.16% based on its latest 2016Q4 regulatory filing with the SEC. Segantii Capital Management Ltd bought 1.80M shares as the company’s stock rose 1.88% with the market. The hedge fund run by Simon Sadler held 3.37M shares of the edp services company at the end of 2016Q4, valued at $50.65M, up from 1.56M at the end of the previous reported quarter. Segantii Capital Management Ltd who had been investing in Infosys Ltd for a number of months, seems to be bullish on the $32.75B market cap company. The stock increased 1.02% or $0.15 during the last trading session, reaching $14.82. About shares traded. Infosys Ltd ADR (NYSE:INFY) has declined 17.92% since June 20, 2016 and is downtrending. It has underperformed by 34.62% the S&P500.

More news for Infosys Ltd ADR (NYSE:INFY) were recently published by: Investorplace.com, which released: “Why Infosys Ltd ADR (INFY) Stock Is Falling Today” on October 14, 2016. Investorplace.com‘s article titled: “Why Wells Fargo & Co (WFC), United States Steel Corporation (X) and Infosys …” and published on April 13, 2017 is yet another important article.

Infosys Ltd ADR (NYSE:INFY) Ratings Coverage

Among 12 analysts covering Infosys (NYSE:INFY), 2 have Buy rating, 2 Sell and 8 Hold. Therefore 17% are positive. Infosys had 15 analyst reports since July 24, 2015 according to SRatingsIntel. On Wednesday, August 26 the stock rating was upgraded by Jefferies to “Underperform”. Susquehanna maintained Infosys Ltd ADR (NYSE:INFY) rating on Tuesday, September 1. Susquehanna has “Neutral” rating and $19 target. The stock of Infosys Ltd ADR (NYSE:INFY) has “Neutral” rating given on Monday, July 18 by Nomura. The company was initiated on Friday, October 16 by Cantor Fitzgerald. The rating was upgraded by Societe Generale on Monday, September 28 to “Hold”. CLSA downgraded the shares of INFY in report on Friday, January 6 to “Underperform” rating. The firm has “Buy” rating by Goldman Sachs given on Thursday, May 26. The company was initiated on Thursday, December 17 by Sterne Agee CRT. The stock has “Neutral” rating by Wedbush on Friday, September 9. Credit Suisse upgraded the stock to “Outperform” rating in Thursday, January 14 report.

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