O Brien Greene & Co. Inc Has $9.14 Million Stock Holdings in S&P Global Inc. (NYSE:SPGI)

O Brien Greene & Co. Inc lessened its stake in S&P Global Inc. (NYSE:SPGI - Free Report) by 7.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,692 shares of the business services provider's stock after selling 1,457 shares during the quarter. S&P Global comprises 2.8% of O Brien Greene & Co. Inc's investment portfolio, making the stock its 11th biggest position. O Brien Greene & Co. Inc's holdings in S&P Global were worth $9,140,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LRI Investments LLC boosted its holdings in shares of S&P Global by 69,852.0% in the 3rd quarter. LRI Investments LLC now owns 17,488 shares of the business services provider's stock valued at $9,035,000 after purchasing an additional 17,463 shares in the last quarter. PYA Waltman Capital LLC boosted its stake in S&P Global by 0.8% in the third quarter. PYA Waltman Capital LLC now owns 22,716 shares of the business services provider's stock valued at $11,736,000 after buying an additional 171 shares in the last quarter. EWA LLC grew its position in S&P Global by 4.2% in the third quarter. EWA LLC now owns 498 shares of the business services provider's stock valued at $254,000 after acquiring an additional 20 shares during the last quarter. Y Intercept Hong Kong Ltd raised its stake in S&P Global by 91.0% during the third quarter. Y Intercept Hong Kong Ltd now owns 1,182 shares of the business services provider's stock worth $611,000 after acquiring an additional 563 shares in the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of S&P Global by 32.3% in the third quarter. MML Investors Services LLC now owns 36,396 shares of the business services provider's stock worth $18,803,000 after acquiring an additional 8,896 shares during the last quarter. Institutional investors own 87.17% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. UBS Group upped 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. Morgan Stanley boosted their price objective on S&P Global from $564.00 to $570.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 9th. Wells Fargo & Company lifted their price target on S&P Global from $575.00 to $620.00 and gave the company an "overweight" rating in a research note on Wednesday, October 9th. Robert W. Baird raised their target price on S&P Global from $536.00 to $575.00 and gave the stock an "outperform" rating in a research report on Friday, October 25th. Finally, Raymond James lowered S&P Global from an "outperform" rating to a "market perform" rating in a research report on Monday, September 23rd. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $571.31.

S&P Global Trading Down 0.6 %

Shares of SPGI stock traded down $3.32 during trading hours on Monday, hitting $513.45. 1,152,168 shares of the company were exchanged, compared to its average volume of 1,209,305. The company has a 50 day simple moving average of $509.48 and a two-hundred day simple moving average of $488.47. The firm has a market cap of $159.32 billion, a P/E ratio of 45.61, a P/E/G ratio of 2.64 and a beta of 1.19. 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 fifty-two week low of $407.69 and a fifty-two week high of $533.29.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The business services provider reported $3.89 EPS for the quarter, topping analysts' consensus estimates of $3.64 by $0.25. The business had revenue of $3.58 billion during the quarter, compared to analysts' expectations of $3.43 billion. S&P Global had a net margin of 25.80% and a return on equity of 13.72%. The business's quarterly revenue was up 15.9% on a year-over-year basis. During the same period last year, the company posted $3.21 earnings per share. Equities analysts anticipate that S&P Global Inc. will post 15.24 EPS for the current year.

S&P Global Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Tuesday, November 26th will be issued a $0.91 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $3.64 annualized dividend and a yield of 0.71%. S&P Global's payout ratio is currently 32.13%.

S&P Global Profile

S&P Global Inc, together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates through S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, S&P Dow Jones Indices, and S&P Global Engineering Solutions segments.