Bison Wealth LLC Sells 543 Shares of S&P Global Inc. (NYSE:SPGI)

Bison Wealth LLC lessened its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 42.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 742 shares of the business services provider's stock after selling 543 shares during the quarter. Bison Wealth LLC's holdings in S&P Global were worth $370,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust lifted its holdings in shares of S&P Global by 2.0% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,034 shares of the business services provider's stock worth $515,000 after buying an additional 20 shares in the last quarter. Personal CFO Solutions LLC lifted its stake in S&P Global by 3.1% in the 4th quarter. Personal CFO Solutions LLC now owns 674 shares of the business services provider's stock worth $336,000 after purchasing an additional 20 shares in the last quarter. Anfield Capital Management LLC boosted its holdings in shares of S&P Global by 25.6% during the 4th quarter. Anfield Capital Management LLC now owns 108 shares of the business services provider's stock valued at $54,000 after purchasing an additional 22 shares during the last quarter. Invenio Wealth Partners LLC grew its position in shares of S&P Global by 4.0% during the fourth quarter. Invenio Wealth Partners LLC now owns 574 shares of the business services provider's stock valued at $286,000 after purchasing an additional 22 shares in the last quarter. Finally, Wedge Capital Management L L P NC increased its holdings in shares of S&P Global by 4.5% in the fourth quarter. Wedge Capital Management L L P NC now owns 532 shares of the business services provider's stock worth $265,000 after purchasing an additional 23 shares during the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Trading Up 1.5 %

Shares of NYSE:SPGI traded up $7.59 during trading on Friday, reaching $506.52. 892,287 shares of the company were exchanged, compared to its average volume of 1,225,148. The business's fifty day simple moving average is $488.33 and its 200-day simple moving average is $501.96. 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 12-month low of $419.49 and a 12-month high of $545.39. The firm has a market capitalization of $155.35 billion, a PE ratio of 41.01, a P/E/G ratio of 2.41 and a beta of 1.23.

S&P Global (NYSE:SPGI - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The business services provider reported $4.37 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $3.72 billion. During the same period last year, the business posted $4.01 EPS. S&P Global's quarterly revenue was up 8.2% on a year-over-year basis. On average, research analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. StockNews.com cut S&P Global from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. Mizuho initiated coverage on S&P Global in a research note on Wednesday, March 12th. They set an "outperform" rating and a $599.00 price objective on the stock. Wells Fargo & Company raised their price objective on S&P Global from $607.00 to $627.00 and gave the company an "overweight" rating in a research note on Wednesday. Evercore ISI boosted their target price on S&P Global from $599.00 to $608.00 and gave the company an "outperform" rating in a research report on Wednesday, February 12th. Finally, Stifel Nicolaus decreased their price target on S&P Global from $629.00 to $603.00 and set a "buy" rating on the stock in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $592.71.

About S&P Global

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.