Dupont Capital Management Corp cut its stake in shares of S&P Global Inc. (NYSE:SPGI) by 24.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,111 shares of the business services provider’s stock after selling 353 shares during the period. Dupont Capital Management Corp’s holdings in S&P Global were worth $174,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Wedbush Securities Inc. increased its position in shares of 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 valued at $294,000 after purchasing an additional 6 shares during the last quarter. TNB Financial increased its position in shares of S&P Global by 1.9% during the 2nd quarter. TNB Financial now owns 2,202 shares of the business services provider’s stock valued at $321,000 after purchasing an additional 42 shares during the last quarter. Brookstone Capital Management increased its position in shares of S&P Global by 1.0% during the 2nd quarter. Brookstone Capital Management now owns 5,447 shares of the business services provider’s stock valued at $795,000 after purchasing an additional 56 shares during the last quarter. IFP Advisors Inc increased its position in shares of S&P Global by 3.2% during the 2nd quarter. IFP Advisors Inc now owns 2,246 shares of the business services provider’s stock valued at $328,000 after purchasing an additional 69 shares during the last quarter. Finally, Advisor Group Inc. increased its position in shares of S&P Global by 4.2% during the 2nd quarter. Advisor Group Inc. now owns 1,782 shares of the business services provider’s stock valued at $260,000 after purchasing an additional 72 shares during the last quarter. 86.33% of the stock is owned by hedge funds and other institutional investors.

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In other S&P Global news, SVP Nancy Luquette sold 860 shares of S&P Global stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $151.50, for a total transaction of $130,290.00. Following the completion of the transaction, the senior vice president now owns 106 shares of the company’s stock, valued at approximately $16,059. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Courtney Geduldig sold 1,404 shares of S&P Global stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $159.38, for a total value of $223,769.52. Following the transaction, the executive vice president now directly owns 1,259 shares of the company’s stock, valued at approximately $200,659.42. The disclosure for this sale can be found here. Insiders have sold a total of 3,860 shares of company stock valued at $603,834 in the last ninety days. Insiders own 0.20% of the company’s stock.

S&P Global Inc. (NYSE:SPGI) opened at $158.03 on Tuesday. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 4.00. The firm has a market capitalization of $40,300.00, a PE ratio of 24.79, a price-to-earnings-growth ratio of 1.89 and a beta of 1.51. S&P Global Inc. has a twelve month low of $107.21 and a twelve month high of $166.17.

S&P Global (NYSE:SPGI) last posted its earnings results on Thursday, October 26th. The business services provider reported $1.71 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.52 by $0.19. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.45 billion. S&P Global had a return on equity of 187.30% and a net margin of 30.15%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.43 EPS. equities research analysts expect that S&P Global Inc. will post 6.64 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 28th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Monday, November 27th. S&P Global’s payout ratio is presently 24.08%.

Several brokerages have recently issued reports on SPGI. UBS AG raised their target price on S&P Global from $173.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Barclays PLC lifted their price objective on S&P Global from $170.00 to $180.00 and gave the stock an “overweight” rating in a report on Friday, October 27th. Wells Fargo & Company lifted their price objective on S&P Global from $159.00 to $165.00 and gave the stock a “market perform” rating in a report on Friday, October 27th. BMO Capital Markets lowered S&P Global from an “outperform” rating to a “market perform” rating and set a $166.00 price objective for the company. in a report on Friday, October 27th. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $177.00 price objective on shares of S&P Global in a report on Thursday, October 26th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $164.75.

S&P Global Company 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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