Dimensional Fund Advisors LP boosted its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 4.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 657,409 shares of the business services provider’s stock after acquiring an additional 28,339 shares during the quarter. Dimensional Fund Advisors LP owned 0.26% of S&P Global worth $95,977,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Wedbush Securities Inc. grew its holdings in S&P Global by 0.3% during the 2nd quarter. Wedbush Securities Inc. now owns 2,012 shares of the business services provider’s stock worth $294,000 after acquiring an additional 6 shares during the last quarter. Guardian Life Insurance Co. of America grew its holdings in S&P Global by 1.0% during the 1st quarter. Guardian Life Insurance Co. of America now owns 999 shares of the business services provider’s stock worth $131,000 after acquiring an additional 10 shares during the last quarter. Segall Bryant & Hamill LLC grew its holdings in S&P Global by 0.4% during the 1st quarter. Segall Bryant & Hamill LLC now owns 7,780 shares of the business services provider’s stock worth $1,017,000 after acquiring an additional 30 shares during the last quarter. TNB Financial grew its holdings in S&P Global by 1.9% during the 2nd quarter. TNB Financial now owns 2,202 shares of the business services provider’s stock worth $321,000 after acquiring an additional 42 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in S&P Global by 5.4% during the 1st quarter. Parallel Advisors LLC now owns 971 shares of the business services provider’s stock worth $131,000 after acquiring an additional 50 shares during the last quarter. 85.34% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of S&P Global Inc. (SPGI) opened at 159.60 on Thursday. The company has a market capitalization of $41.02 billion, a price-to-earnings ratio of 18.59 and a beta of 1.50. S&P Global Inc. has a 1-year low of $107.21 and a 1-year high of $159.82. The stock has a 50 day moving average of $153.74 and a 200-day moving average of $144.54.

S&P Global (NYSE:SPGI) last issued its earnings results on Thursday, July 27th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.15. S&P Global had a net margin of 38.78% and a return on equity of 202.37%. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter last year, the business earned $1.44 earnings per share. The business’s revenue was up 1.8% on a year-over-year basis. Analysts forecast that S&P Global Inc. will post $6.34 earnings per share for the current year.

A number of research firms have weighed in on SPGI. Zacks Investment Research lowered shares of S&P Global from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. UBS AG boosted their target price on shares of S&P Global from $154.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, July 28th. BMO Capital Markets boosted their target price on shares of S&P Global from $161.00 to $164.00 and gave the stock an “outperform” rating in a report on Friday, July 28th. Morgan Stanley reissued an “equal weight” rating and set a $146.00 target price (up from $145.00) on shares of S&P Global in a report on Friday, July 14th. Finally, Barclays PLC boosted their target price on shares of S&P Global from $160.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, September 15th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company’s stock. S&P Global presently has a consensus rating of “Buy” and an average target price of $157.50.

In other news, SVP Nancy Luquette sold 860 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $151.50, for a total value of $130,290.00. Following the transaction, the senior vice president now owns 106 shares in the company, valued at $16,059. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.20% of the stock is currently owned by company insiders.

S&P Global Profile

S&P Global Inc, formerly McGraw Hill Financial Inc, is a provider of ratings, benchmarks, analytics and data to the capital and commodity markets around the world. 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.

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Institutional Ownership by Quarter for S&P Global (NYSE:SPGI)

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