919 Shares in S&P Global Inc. (NYSE:SPGI) Purchased by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC acquired a new stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 919 shares of the business services provider's stock, valued at approximately $458,000.

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SPGI. UBS Group increased their price objective on shares of S&P Global from $605.00 to $610.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. BMO Capital Markets cut their price objective on S&P Global from $589.00 to $564.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. Evercore ISI started coverage on S&P Global in a research report on Wednesday, October 2nd. They issued an "outperform" rating and a $599.00 target price for the company. Raymond James lowered S&P Global from an "outperform" rating to a "market perform" rating in a research note on Monday, September 23rd. Finally, JPMorgan Chase & Co. reduced their price target on S&P Global from $600.00 to $585.00 and set an "overweight" rating on the stock in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $583.62.

S&P Global Stock Performance

Shares of NYSE:SPGI traded up $12.53 on Wednesday, hitting $497.00. The company's stock had a trading volume of 1,904,232 shares, compared to its average volume of 1,411,914. The company has a market capitalization of $154.22 billion, a price-to-earnings ratio of 43.87, a price-to-earnings-growth ratio of 2.53 and a beta of 1.20. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.94 and a current ratio of 0.94. S&P Global Inc. has a 12 month low of $407.69 and a 12 month high of $533.29. The stock's 50-day moving average is $504.46 and its two-hundred day moving average is $500.38.

S&P Global (NYSE:SPGI - Get Free Report) last announced 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 during the quarter, compared to analyst estimates of $3.43 billion. S&P Global had a net margin of 25.80% and a return on equity of 13.72%. S&P Global's revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.21 EPS. On average, equities research analysts forecast that S&P Global Inc. will post 15.24 EPS for the current 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.