Brookstone Capital Management Purchases Shares of 546 S&P Global Inc. (NYSE:SPGI)

Brookstone Capital Management bought a new position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 546 shares of the business services provider's stock, valued at approximately $272,000.

A number of other large investors have also modified their holdings of the business. Northwest Investment Counselors LLC purchased a new stake in S&P Global during the third quarter worth about $27,000. First Personal Financial Services acquired a new stake in shares of S&P Global during the third quarter valued at $29,000. Capital Performance Advisors LLP acquired a new position in S&P Global in the 3rd quarter valued at about $31,000. HWG Holdings LP purchased a new position in shares of S&P Global during the second quarter valued at approximately $27,000. Finally, Voisard Asset Management Group Inc. increased its stake in S&P Global by 77.1% in the third quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider's stock valued at $32,000 after purchasing an additional 27 shares during the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on SPGI shares. Raymond James downgraded S&P Global from an "outperform" rating to a "market perform" rating in a report on Monday, September 23rd. Citigroup initiated coverage on S&P Global in a report on Friday, December 20th. They issued a "buy" rating and a $600.00 price objective on the stock. Wells Fargo & Company decreased their target price on S&P Global from $620.00 to $617.00 and set an "overweight" rating for the company in a report on Friday, January 10th. UBS Group lifted their price target on shares of S&P Global from $605.00 to $610.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Finally, Morgan Stanley increased their price objective on shares of S&P Global from $570.00 to $595.00 and gave the stock an "overweight" rating in a research report on Thursday, December 12th. Two research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, S&P Global presently has a consensus rating of "Moderate Buy" and an average target price of $583.62.

S&P Global Stock Down 0.7 %

SPGI traded down $3.46 on Friday, reaching $501.70. The company's stock had a trading volume of 1,723,897 shares, compared to its average volume of 1,055,581. S&P Global Inc. has a 1 year low of $407.69 and a 1 year high of $533.29. The business's 50 day moving average is $504.75 and its 200 day moving average is $501.13. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market cap of $155.68 billion, a price-to-earnings ratio of 44.28, a price-to-earnings-growth ratio of 2.22 and a beta of 1.20.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The business services provider reported $3.89 EPS for the quarter, beating analysts' consensus estimates of $3.64 by $0.25. S&P Global had a net margin of 25.80% and a return on equity of 13.72%. The firm had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.43 billion. During the same period in the prior year, the firm posted $3.21 EPS. The firm's revenue was up 15.9% compared to the same quarter last year. As a group, research analysts forecast that S&P Global Inc. will post 15.25 EPS for the current fiscal year.

S&P Global Company Profile

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.