S&P Global, Inc. (SPGI) — Recommendation Trends for

Paterniano Del Favero
Agosto 4, 2017

The fund owned 2,572 shares of the business services provider's stock after selling 2,022 shares during the period. Independent Franchise Partners LLP owned approximately 1.93% of S&P Global worth $727,723,000 at the end of the most recent reporting period.

A number of institutional investors have recently modified their holdings of the company. Guardian Life Insurance Co. of America boosted its position in S&P Global by 1.0% in the first quarter. Parallel Advisors LLC now owns 971 shares of the business services provider's stock valued at $131,000 after buying an additional 50 shares during the last quarter. Advisory Services Network LLC purchased a new stake in S&P Global during the first quarter worth about $101,000. Finally, Creative Planning boosted its stake in S&P Global by 12.7% in the first quarter. Aperio Group LLC now owns 130,714 shares of the business services provider's stock valued at $19,083,000 after buying an additional 16,713 shares in the last quarter.

COPYRIGHT VIOLATION WARNING: "Kornitzer Capital Management Inc". BTIM Corp. acquired a new position in S&P Global during the second quarter valued at $671,000. Can raised its stake in shares of S&P Global Inc.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Thursday, July 27th. The firm has a 50-day moving average of $143.34 and a 200 day moving average of $129.50. S&P Global Inc. has a 1-year low of $107.21 and a 1-year high of $158.35. The stock has a market cap of $38.36 billion, a P/E ratio of 17.74 and a beta of 1.52.

S&P Global had a net profit margin of 38.78% and a ROE of 202.37%. the business reported sales of $1.51 B for the period, compared to the average forecast of $1.46 B. For the same quarter previous year, company earned $1.44 Earnings Per Share. The business services provider reported $1.72 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.57 by $0.15. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.46 billion. During the same quarter in the prior year, the firm posted $1.44 earnings per share. Exxonmobil Investment Management TX's holdings in S&P Global were valued $7,226,000 during the latest fiscal quarter.

Shares of S&P Global Inc.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 12th. Shareholders of record on Monday, August 28th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Thurs, Aug 24th. S&P Global's dividend payout ratio (DPR) is 19.57%. S&P Global makes up approximately 6.5% of Independent Franchise Partners LLP's holdings, making the stock its 6th largest position. "(NYSE:SPGI) Expected to Post Earnings of $1.55 Per Share" was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of global copyright & trademark laws. The correct version of this piece of content can be viewed at https://theolympiareport.com/2017/08/02/bbt-corp-decreases-position-in-sp-global-inc-spgi.html.

Many big clients also quite recently purchased and unloaded stocks of SPGI. UBS AG lifted their price target on S&P Global from $154.00 to $175.00 and gave the stock a "buy" rating in a research note on Friday, July 28th. Zacks Investment Research raised S&P Global from a "hold" rating to a "buy" rating and set a $145.00 target price on the stock in a report on Tuesday, April 11th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $153.00 target price (up previously from $139.00) on shares of S&P Global in a research note on Wednesday, April 26th. Argus reaffirmed a "buy" rating and issued a $158.00 target price (up previously from $150.00) on shares of S&P Global in a research note on Monday, May 29th. Finally, Barclays PLC boosted their price objective on shares of S&P Global from $150.00 to $155.00 and gave the stock an "overweight" rating in a report on Wednesday, June 28th. 1 equity analyst has recommended the share with a hold recommendation and around ten have published a buy recommendation to the share. The stock has a average recommendation of "Buy" and an average price target of $153.82.

In related news, Director Marco Alvera bought 400 shares of S&P Global stock in a transaction dated Tuesday, May 30th. The stock was acquired at an average cost of $140.09 per share, for a total transaction of $56,036.00. Following the completion of the transaction, the director now directly owns 400 shares of the company's stock, valued at $56,036. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.20% of the company's stock.

S&P Global, Inc. (SPGI) has the market capitalization of 39.86 Billion. The Company operates through three segments: Ratings, which provides credit ratings, research and analytics to investors, issuers and other market participants; Market and Commodities Intelligence, which offers multi-asset-class data, research and analytical capabilities that integrate cross-asset analytics and desktop services, and deliver their customers in the commodity and energy markets access to information, data, analytic services and pricing and benchmarks, and S&P Dow Jones Indices (Indices), which is an index provider that maintains a range of valuation and index benchmarks for investment advisors, wealth managers and institutional investors. Hedge funds and other institutional investors own 85.94% of the company's stock.

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