IHS Markit Ltd. (NASDAQ:INFO) insider Michael M. Easton sold 12,167 shares of the stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $47.46, for a total transaction of $577,445.82. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

IHS Markit Ltd. (NASDAQ:INFO) opened at $45.17 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.45. IHS Markit Ltd. has a twelve month low of $37.82 and a twelve month high of $49.19. The stock has a market cap of $18,215.92, a PE ratio of 27.42, a price-to-earnings-growth ratio of 2.13 and a beta of 0.83.

IHS Markit (NASDAQ:INFO) last issued its earnings results on Tuesday, January 16th. The business services provider reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.10. IHS Markit had a net margin of 11.58% and a return on equity of 8.98%. The firm had revenue of $944.70 million for the quarter, compared to analysts’ expectations of $912.65 million. During the same quarter last year, the company posted $0.48 earnings per share. IHS Markit’s revenue was up 8.1% on a year-over-year basis. equities analysts expect that IHS Markit Ltd. will post 1.84 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp increased its stake in shares of IHS Markit by 269.2% in the second quarter. State Street Corp now owns 14,324,138 shares of the business services provider’s stock valued at $630,974,000 after purchasing an additional 10,443,873 shares during the period. Janus Henderson Group PLC increased its stake in shares of IHS Markit by 8,621.2% in the second quarter. Janus Henderson Group PLC now owns 4,084,667 shares of the business services provider’s stock valued at $179,889,000 after purchasing an additional 4,037,831 shares during the period. BT Investment Management Ltd increased its stake in shares of IHS Markit by 156.3% in the third quarter. BT Investment Management Ltd now owns 5,887,279 shares of the business services provider’s stock valued at $259,511,000 after purchasing an additional 3,590,548 shares during the period. Atlantic Trust Group LLC increased its stake in shares of IHS Markit by 458.4% in the third quarter. Atlantic Trust Group LLC now owns 1,141,009 shares of the business services provider’s stock valued at $50,295,000 after purchasing an additional 936,666 shares during the period. Finally, American Century Companies Inc. increased its stake in shares of IHS Markit by 14.6% in the fourth quarter. American Century Companies Inc. now owns 6,040,310 shares of the business services provider’s stock valued at $272,720,000 after purchasing an additional 769,108 shares during the period. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have recently commented on INFO. Zacks Investment Research raised shares of IHS Markit from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research report on Wednesday, December 6th. Goldman Sachs Group began coverage on shares of IHS Markit in a research report on Wednesday, November 8th. They set a “buy” rating and a $55.00 price target on the stock. SunTrust Banks reaffirmed a “buy” rating and set a $54.00 price target on shares of IHS Markit in a research report on Wednesday, January 17th. UBS Group cut their target price on shares of IHS Markit from $45.00 to $44.00 and set a “neutral” rating on the stock in a report on Friday, November 17th. Finally, William Blair cut shares of IHS Markit from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 15th. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $49.29.

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IHS Markit Company Profile

IHS Markit Ltd., formerly Markit Ltd., is a provider of critical information and analytics for the major industries, financial markets and governments. The Company operates through four segments: Resources, Transportation, Consolidated Markets & Solutions (CMS) and Financial Services. The Resources segment includes its energy and chemicals product offerings.

Insider Buying and Selling by Quarter for IHS Markit (NASDAQ:INFO)

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