Banco Bilbao Vizcaya Argentaria S.A. Lowers Position in S&P Global Inc. (NYSE:SPGI)

Banco Bilbao Vizcaya Argentaria S.A. cut its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 32.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,743 shares of the business services provider's stock after selling 4,771 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in S&P Global were worth $4,829,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in shares of S&P Global by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 6,589,982 shares of the business services provider's stock valued at $3,273,264,000 after acquiring an additional 116,208 shares during the last quarter. Norges Bank bought a new position in shares of S&P Global in the 4th quarter valued at $1,725,084,000. Amundi lifted its stake in shares of S&P Global by 6.6% in the 4th quarter. Amundi now owns 2,345,377 shares of the business services provider's stock valued at $1,162,979,000 after acquiring an additional 145,434 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of S&P Global by 3.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,999,467 shares of the business services provider's stock valued at $995,795,000 after acquiring an additional 62,770 shares during the last quarter. Finally, Cantillon Capital Management LLC lifted its stake in shares of S&P Global by 0.5% in the 4th quarter. Cantillon Capital Management LLC now owns 1,868,814 shares of the business services provider's stock valued at $930,725,000 after acquiring an additional 9,880 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors.

S&P Global Stock Up 0.0 %

Shares of NYSE:SPGI traded up $0.12 during trading on Thursday, reaching $500.17. 392,380 shares of the stock were exchanged, compared to its average volume of 1,224,004. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.85 and a quick ratio of 0.85. S&P Global Inc. has a 1-year low of $408.84 and a 1-year high of $545.39. The stock has a fifty day moving average of $489.55 and a two-hundred day moving average of $502.49. The firm has a market cap of $156.97 billion, a price-to-earnings ratio of 40.53, a price-to-earnings-growth ratio of 2.41 and a beta of 1.26.

S&P Global (NYSE:SPGI - Get Free Report) last issued its earnings results on Tuesday, April 29th. The business services provider reported $4.37 earnings per share for the quarter, topping analysts' consensus estimates of $4.23 by $0.14. S&P Global had a return on equity of 14.33% and a net margin of 27.12%. The company had revenue of $3.78 billion for the quarter, compared to analyst estimates of $3.72 billion. During the same period in the prior year, the firm earned $4.01 earnings per share. S&P Global's revenue for the quarter was up 8.2% on a year-over-year basis. Research analysts anticipate that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on SPGI shares. StockNews.com cut S&P Global from a "buy" rating to a "hold" rating in a research note on Thursday, February 20th. Wells Fargo & Company raised their target price on S&P Global from $607.00 to $627.00 and gave the stock an "overweight" rating in a research report on Wednesday. UBS Group raised their target price on S&P Global from $555.00 to $575.00 and gave the stock a "buy" rating in a research report on Wednesday. Mizuho began coverage on S&P Global in a research report on Wednesday, March 12th. They set an "outperform" rating and a $599.00 target price for the company. Finally, Robert W. Baird lowered their target price on S&P Global from $616.00 to $589.00 and set an "outperform" rating for the company in a research report on Wednesday. Two research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $592.71.

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.