S&P Global Inc. (NYSE:SPGI) is C WorldWide Group Holding A S's 9th Largest Position

C WorldWide Group Holding A S lowered its position in S&P Global Inc. (NYSE:SPGI - Free Report) by 10.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 775,605 shares of the business services provider's stock after selling 91,747 shares during the quarter. S&P Global accounts for approximately 4.6% of C WorldWide Group Holding A S's holdings, making the stock its 9th biggest holding. C WorldWide Group Holding A S owned about 0.24% of S&P Global worth $341,670,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. D.B. Root & Company LLC lifted its holdings in S&P Global by 3.6% in the 4th quarter. D.B. Root & Company LLC now owns 662 shares of the business services provider's stock worth $292,000 after buying an additional 23 shares in the last quarter. Mayflower Financial Advisors LLC increased its position in shares of S&P Global by 3.3% in the 4th quarter. Mayflower Financial Advisors LLC now owns 714 shares of the business services provider's stock worth $315,000 after purchasing an additional 23 shares during the last quarter. Allworth Financial LP increased its position in shares of S&P Global by 1.8% in the 4th quarter. Allworth Financial LP now owns 1,356 shares of the business services provider's stock worth $598,000 after purchasing an additional 24 shares during the last quarter. Oakworth Capital Inc. increased its position in shares of S&P Global by 31.2% in the 4th quarter. Oakworth Capital Inc. now owns 101 shares of the business services provider's stock worth $44,000 after purchasing an additional 24 shares during the last quarter. Finally, Independence Bank of Kentucky increased its position in shares of S&P Global by 1.7% in the 4th quarter. Independence Bank of Kentucky now owns 1,487 shares of the business services provider's stock worth $655,000 after purchasing an additional 25 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on SPGI. Raymond James boosted their target price on shares of S&P Global from $422.00 to $452.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 9th. BMO Capital Markets boosted their target price on shares of S&P Global from $480.00 to $483.00 and gave the stock an "outperform" rating in a research report on Monday, April 1st. Barclays boosted their target price on shares of S&P Global from $500.00 to $520.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 2nd. Stifel Nicolaus boosted their price objective on shares of S&P Global from $442.00 to $446.00 and gave the company a "buy" rating in a research report on Friday. Finally, Oppenheimer boosted their price objective on shares of S&P Global from $480.00 to $482.00 and gave the company an "outperform" rating in a research report on Friday. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $462.60.

Insider Transactions at S&P Global

In other news, CEO Douglas L. Peterson sold 6,000 shares of the company's stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $424.74, for a total value of $2,548,440.00. Following the completion of the sale, the chief executive officer now directly owns 162,530 shares of the company's stock, valued at approximately $69,032,992.20. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.10% of the company's stock.

S&P Global Stock Performance

NYSE SPGI traded up $0.28 on Friday, hitting $415.78. The stock had a trading volume of 1,611,466 shares, compared to its average volume of 1,323,956. S&P Global Inc. has a one year low of $340.49 and a one year high of $461.16. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 0.33. The stock has a market cap of $133.16 billion, a price-to-earnings ratio of 46.61, a P/E/G ratio of 2.36 and a beta of 1.15. The company's 50-day moving average is $423.79 and its two-hundred day moving average is $417.74.

S&P Global (NYSE:SPGI - Get Free Report) last posted its earnings results on Thursday, April 25th. The business services provider reported $4.01 EPS for the quarter, topping the consensus estimate of $3.68 by $0.33. The firm had revenue of $3.49 billion during the quarter, compared to analysts' expectations of $3.39 billion. S&P Global had a net margin of 22.01% and a return on equity of 12.20%. On average, analysts expect that S&P Global Inc. will post 13.99 earnings per share for the current year.

About S&P Global

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.