Capitolis Liquid Global Markets LLC Trims Stock Holdings in S&P Global Inc. (NYSE:SPGI)

Capitolis Liquid Global Markets LLC decreased its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 22.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,100 shares of the business services provider's stock after selling 5,000 shares during the quarter. Capitolis Liquid Global Markets LLC's holdings in S&P Global were worth $8,516,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Parkside Financial Bank & Trust raised its stake 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 during the period. Personal CFO Solutions LLC increased its stake in shares of S&P Global by 3.1% in the fourth 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 raised its position 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 period. Invenio Wealth Partners LLC boosted its holdings in S&P Global by 4.0% in the 4th quarter. Invenio Wealth Partners LLC now owns 574 shares of the business services provider's stock worth $286,000 after buying an additional 22 shares during the period. Finally, Wedge Capital Management L L P NC increased its stake in S&P Global by 4.5% in the 4th quarter. Wedge Capital Management L L P NC now owns 532 shares of the business services provider's stock worth $265,000 after buying an additional 23 shares in the last quarter. Hedge funds and other institutional investors own 87.17% of the company's stock.

S&P Global Stock Down 0.1 %

Shares of S&P Global stock opened at $506.20 on Tuesday. The firm's 50 day moving average price is $487.88 and its 200-day moving average price is $501.72. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34. S&P Global Inc. has a 52-week low of $419.49 and a 52-week high of $545.39. The company has a market cap of $155.25 billion, a P/E ratio of 40.99, a PEG ratio of 2.41 and a beta of 1.23.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Evercore ISI upped their price objective on S&P Global from $599.00 to $608.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 12th. Robert W. Baird cut their price objective on shares of S&P Global from $616.00 to $589.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th. StockNews.com cut shares of S&P Global from a "buy" rating to a "hold" rating in a research note on Thursday, February 20th. Wells Fargo & Company boosted their price target on shares of S&P Global from $607.00 to $627.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 30th. Finally, Bank of America assumed coverage on S&P Global in a research report on Thursday, April 10th. They set a "buy" rating and a $600.00 price objective for the company. Two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, S&P Global presently 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.

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