Addison Capital Co purchased a new stake in shares of S&P Global Inc (NYSE:SPGI) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,492 shares of the business services provider’s stock, valued at approximately $422,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Advisor Group Inc. lifted 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 buying an additional 72 shares during the last quarter. Scotia Capital Inc. lifted its position in shares of S&P Global by 1.1% during the 2nd quarter. Scotia Capital Inc. now owns 9,003 shares of the business services provider’s stock valued at $1,314,000 after buying an additional 99 shares during the last quarter. Sii Investments Inc. WI lifted its position in shares of S&P Global by 4.8% during the 2nd quarter. Sii Investments Inc. WI now owns 2,200 shares of the business services provider’s stock valued at $322,000 after buying an additional 100 shares during the last quarter. Kalos Management Inc. lifted its position in shares of S&P Global by 3.8% during the 2nd quarter. Kalos Management Inc. now owns 3,346 shares of the business services provider’s stock valued at $488,000 after buying an additional 123 shares during the last quarter. Finally, BRYN MAWR TRUST Co lifted its position in shares of S&P Global by 6.8% during the 2nd quarter. BRYN MAWR TRUST Co now owns 2,029 shares of the business services provider’s stock valued at $296,000 after buying an additional 129 shares during the last quarter. 85.06% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have recently commented on SPGI. Stifel Nicolaus assumed coverage on S&P Global in a research report on Tuesday, December 19th. They set a “hold” rating and a $186.00 price target on the stock. Zacks Investment Research lowered S&P Global from a “buy” rating to a “hold” rating and set a $188.00 price objective on the stock. in a research note on Friday, January 5th. Cantor Fitzgerald reiterated a “buy” rating and set a $177.00 price objective on shares of S&P Global in a research note on Thursday, October 26th. BidaskClub lowered S&P Global from a “strong-buy” rating to a “buy” rating in a research note on Friday, October 20th. Finally, Nomura assumed coverage on S&P Global in a research note on Thursday, January 11th. They set a “neutral” rating and a $160.00 price objective on the stock. Seven analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $171.46.

S&P Global Inc (SPGI) traded up $2.50 during trading hours on Friday, hitting $181.14. The company had a trading volume of 1,088,331 shares, compared to its average volume of 881,931. The company has a debt-to-equity ratio of 4.00, a quick ratio of 1.52 and a current ratio of 1.52. S&P Global Inc has a 12 month low of $114.41 and a 12 month high of $182.24. The company has a market cap of $46,190.00, a price-to-earnings ratio of 26.60, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51.

S&P Global (NYSE:SPGI) last announced its earnings results on Thursday, October 26th. The business services provider reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.19. The business had revenue of $1.51 billion for 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 period in the prior year, the company earned $1.43 EPS. sell-side analysts predict that S&P Global Inc will post 6.66 EPS for the current fiscal year.

In other S&P Global news, EVP Courtney Geduldig sold 1,596 shares of the company’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $156.50, for a total value of $249,774.00. Following the transaction, the executive vice president now directly owns 2,663 shares in the company, valued at approximately $416,759.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas L. Peterson sold 4,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $157.79, for a total value of $631,160.00. Following the completion of the transaction, the chief executive officer now owns 140,743 shares in the company, valued at $22,207,837.97. The disclosure for this sale can be found here. Insiders sold a total of 7,000 shares of company stock worth $1,104,704 over the last 90 days. Corporate insiders own 0.20% of the company’s stock.

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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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