First Personal Financial Services Decreased Infosys LTD (INFY) Position; LPL Financial Holdings (LPLA) Sentiment Is 1.35

June 18, 2018 - By Louis Casey

Infosys Limited (NYSE:INFY) Logo

LPL Financial Holdings Inc (LPLA) investors sentiment increased to 1.35 in 2018 Q1. It’s up 0.33, from 1.02 in 2017Q4. The ratio has improved, as 130 hedge funds increased or opened new positions, while 96 sold and reduced their holdings in LPL Financial Holdings Inc. The hedge funds in our database now have: 79.75 million shares, down from 81.20 million shares in 2017Q4. Also, the number of hedge funds holding LPL Financial Holdings Inc in top ten positions decreased from 9 to 7 for a decrease of 2. Sold All: 11 Reduced: 85 Increased: 74 New Position: 56.

First Personal Financial Services decreased Infosys Ltd (INFY) stake by 28.95% reported in 2018Q1 SEC filing. First Personal Financial Services sold 58,063 shares as Infosys Ltd (INFY)’s stock rose 3.62%. The First Personal Financial Services holds 142,488 shares with $2.54 million value, down from 200,551 last quarter. Infosys Ltd now has $40.94 billion valuation. The stock decreased 1.66% or $0.31 during the last trading session, reaching $18.42. About 2.21M shares traded. Infosys Limited (NYSE:INFY) has risen 18.12% since June 18, 2017 and is uptrending. It has outperformed by 5.55% the S&P500. Some Historical INFY News: ; 18/04/2018 – Infosys Limited: News Clarification; 10/04/2018 – Calix and Infosys Enter Strategic Co-Creation Partnership to Accelerate Time-to-Market for New Capabilities on AXOS Platform; 23/04/2018 – Infosys Limited: Presentation on Analyst Meetings; 13/04/2018 – INFOSYS LTD INFY.NS – RECOMMENDED SPECIAL DIVIDEND OF 10 RUPEES PER EQUITY SHARE; 31/05/2018 – INFOSYS LTD INFY.NS SAYS AS PART OF ENHANCED ALLIANCE, INFOSYS WILL ALSO ESTABLISH A GLOBAL MICROSOFT CLOUD INNOVATION CENTER IN THE U.S; 18/04/2018 – INFOSYS – CO HAS NOT RECEIVED ALLEGED ANONYMOUS WHISTLEBLOWER COMPLAINT AND IS UNABLE TO COMMENT ON COMPLAINT OR ALLEGATIONS MADE THEREIN; 13/04/2018 – Infosys January-March Revenue INR180.83 Bln, Up 5.6% on Year; 16/05/2018 – INFOSYS UNIT IN BLOCKCHAIN TRADE NETWORK WITH 7 INDIA BANKS; 08/03/2018 – INFOSYS SAYS CO. NOT NAMED BY CBI IN FIRST INFORMATION REPORT; 13/04/2018 – INFOSYS LTD INFY.NS – MARCH QTR ANNUALIZED CONSOLIDATED EMPLOYEE ATTRITION AT 19.5 PCT VS 17.1 PCT

Among 22 analysts covering Infosys (NYSE:INFY), 5 have Buy rating, 3 Sell and 14 Hold. Therefore 23% are positive. Infosys had 44 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Hold” on Friday, August 18. The stock has “Hold” rating by BMO Capital Markets on Friday, July 14. JP Morgan downgraded Infosys Limited (NYSE:INFY) on Monday, August 21 to “Neutral” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, July 14. The rating was upgraded by Macquarie Research to “Outperform” on Friday, July 24. Nomura downgraded Infosys Limited (NYSE:INFY) on Monday, July 18 to “Neutral” rating. HSBC downgraded the stock to “Hold” rating in Tuesday, August 9 report. The firm has “Buy” rating given on Monday, April 16 by Jefferies. The firm has “Hold” rating given on Wednesday, May 31 by Cantor Fitzgerald. Cantor Fitzgerald initiated the stock with “Hold” rating in Friday, October 16 report.

Analysts await Infosys Limited (NYSE:INFY) to report earnings on July, 13. They expect $0.25 earnings per share, up 4.17% or $0.01 from last year’s $0.24 per share. INFY’s profit will be $555.65 million for 18.42 P/E if the $0.25 EPS becomes a reality. After $0.26 actual earnings per share reported by Infosys Limited for the previous quarter, Wall Street now forecasts -3.85% negative EPS growth.

Another recent and important Infosys Limited (NYSE:INFY) news was published by Globenewswire.com which published an article titled: “Research Report Identifies AC Immune SA, Vipshop, Infosys, STMicroelectronics NV, BRF SA, and National Steel with …” on June 08, 2018.

More notable recent LPL Financial Holdings Inc. (NASDAQ:LPLA) news were published by: Digitaljournal.com which released: “NASDAQ:LPLA Shareholder Notice Investigation of Possible Wrongdoing by Certain Directors of LPL Financial …” on June 18, 2018, also Globenewswire.com with their article: “LPL Financial Elects Allison Mnookin as New Independent Director” published on June 04, 2018, Globenewswire.com published: “LPL Financial Presenting at Bernstein’s 34th Annual Strategic Decisions Conference” on May 24, 2018. More interesting news about LPL Financial Holdings Inc. (NASDAQ:LPLA) were released by: Nasdaq.com and their article: “LPL Financial Presenting at William Blair’s 38th Annual Growth Stock Conference” published on June 06, 2018 as well as Nasdaq.com‘s news article titled: “LPL Financial Reports Monthly Activity for April 2018” with publication date: May 22, 2018.

Ratings analysis reveals 0 of LPL Financial’s analysts are positive. Out of 5 Wall Street analysts rating LPL Financial, 0 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $27.0 while the high is $35.0. The stock’s average target of $31 is -55.39% below today’s ($69.49) share price. LPLA was included in 5 notes of analysts from August 22, 2016. The company was upgraded on Thursday, November 10 by UBS. Morgan Stanley initiated the stock with “Underweight” rating in Monday, September 26 report. The stock has “Neutral” rating by Credit Suisse on Monday, August 22. On Tuesday, January 10 the stock rating was upgraded by Goldman Sachs to “Neutral”. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Neutral” rating given on Wednesday, October 12 by JP Morgan.

Analysts await LPL Financial Holdings Inc. (NASDAQ:LPLA) to report earnings on July, 26. They expect $1.22 EPS, up 64.86% or $0.48 from last year’s $0.74 per share. LPLA’s profit will be $110.04M for 14.24 P/E if the $1.22 EPS becomes a reality. After $1.01 actual EPS reported by LPL Financial Holdings Inc. for the previous quarter, Wall Street now forecasts 20.79% EPS growth.

Wildcat Capital Management Llc holds 10.5% of its portfolio in LPL Financial Holdings Inc. for 208,401 shares. Three Corner Global Investors Lp owns 471,093 shares or 9.32% of their US portfolio. Moreover, Fairview Capital Investment Management Llc has 9.29% invested in the company for 2.42 million shares. The California-based Spo Advisory Corp has invested 8.1% in the stock. Beaconlight Capital Llc, a New York-based fund reported 259,440 shares.

LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors in the United States. The company has market cap of $6.27 billion. The Company’s brokerage offerings include variable and fixed annuities, mutual funds, equities, alternative investments such as non-traded real estate investment trusts and business development companies, retirement and 529 education savings plans, fixed income, and insurance. It has a 22.55 P/E ratio. The companyÂ’s fee platforms provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities.

The stock decreased 0.16% or $0.11 during the last trading session, reaching $69.49. About 200,209 shares traded. LPL Financial Holdings Inc. (LPLA) has risen 79.45% since June 18, 2017 and is uptrending. It has outperformed by 66.88% the S&P500. Some Historical LPLA News: ; 11/04/2018 – LPL Financial Spends Big on Recruitment — Barrons.com; 24/04/2018 – LPL Financial and IHT Wealth Management Welcome Ric Kellogg; 01/05/2018 – LPL Financial Field Trip Scheduled By SunTrust for May. 8; 21/03/2018 – lnfomart Data Centers Announces Sale of Three Data Centers and Management Company to lPl Partners; 11/04/2018 – Wealth2k® joins LPL Vendor Affinity Program; 03/05/2018 – LPL Financial Holdings 1Q EPS $1.01; 09/05/2018 – LPL Running Into Some Bad Publicity — Barrons.com; 22/03/2018 – LPL FINL FEB. TOTAL NET NEW ASSETS $1.6B; 15/03/2018 – Targeting Growth, Three LPL Affiliates Merge — Barrons.com; 06/03/2018 – LPL Flubs its Platform Conversion — Barrons.com

LPL Financial Holdings Inc. (NASDAQ:LPLA) Institutional Positions Chart

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