Czech National Bank increased its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 5.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,841 shares of the business services provider's stock after acquiring an additional 3,613 shares during the period. Czech National Bank's holdings in S&P Global were worth $34,285,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in SPGI. Northwest Investment Counselors LLC bought a new stake in S&P Global during the 3rd quarter valued at approximately $27,000. First Personal Financial Services bought a new stake in shares of S&P Global in the third quarter valued at approximately $29,000. Capital Performance Advisors LLP acquired a new stake in shares of S&P Global in the third quarter worth $31,000. HWG Holdings LP acquired a new stake in shares of S&P Global in the second quarter worth $27,000. Finally, Voisard Asset Management Group Inc. raised its stake in S&P Global by 77.1% during the 3rd 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. Institutional investors own 87.17% of the company's stock.
S&P Global Stock Performance
NYSE SPGI traded down $0.56 during trading on Monday, reaching $482.16. The company's stock had a trading volume of 1,461,761 shares, compared to its average volume of 1,322,052. The firm has a market capitalization of $149.61 billion, a price-to-earnings ratio of 42.56, a price-to-earnings-growth ratio of 2.53 and a beta of 1.20. S&P Global Inc. has a 12 month low of $407.69 and a 12 month high of $533.29. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.33. The firm has a 50 day moving average price of $504.58 and a 200 day moving average price of $500.12.
S&P Global (NYSE:SPGI - Get Free Report) last released its earnings results on Thursday, October 24th. The business services provider reported $3.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.64 by $0.25. The firm had revenue of $3.58 billion for the quarter, compared to analysts' expectations of $3.43 billion. S&P Global had a return on equity of 13.72% and a net margin of 25.80%. The business's revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.21 earnings per share. As a group, equities analysts anticipate that S&P Global Inc. will post 15.24 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the stock. Robert W. Baird boosted their price objective on shares of S&P Global from $536.00 to $575.00 and gave the stock an "outperform" rating in a research report on Friday, October 25th. Wells Fargo & Company cut their price target on S&P Global from $620.00 to $617.00 and set an "overweight" rating on the stock in a research note on Friday. BMO Capital Markets lowered their price objective on S&P Global from $589.00 to $564.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. Oppenheimer cut their target price on shares of S&P Global from $590.00 to $580.00 and set an "outperform" rating on the stock in a research report on Friday, January 3rd. Finally, Raymond James lowered shares of S&P Global from an "outperform" rating to a "market perform" rating in a research note on Monday, September 23rd. Two investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $583.62.
View Our Latest Stock Report on SPGI
S&P Global Profile
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Free Report)
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.
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