Schonfeld Strategic Advisors LLC trimmed its position in S&P Global Inc. (NYSE:SPGI - Free Report) by 45.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,206 shares of the business services provider's stock after selling 7,652 shares during the period. Schonfeld Strategic Advisors LLC's holdings in S&P Global were worth $4,585,000 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. Parkside Financial Bank & Trust raised its stake in 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 valued at $515,000 after buying an additional 20 shares during the last quarter. Personal CFO Solutions LLC raised its position in shares of 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 valued at $336,000 after purchasing an additional 20 shares during the last quarter. Anfield Capital Management LLC raised its position in shares of S&P Global by 25.6% in 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 boosted its stake 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 purchasing an additional 22 shares in the last quarter. Finally, Wedge Capital Management L L P NC grew its position in S&P Global by 4.5% during 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 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 Price Performance
Shares of S&P Global stock traded down $0.42 on Monday, hitting $506.20. The company's stock had a trading volume of 993,830 shares, compared to its average volume of 1,224,222. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. S&P Global Inc. has a 1 year low of $419.49 and a 1 year high of $545.39. The firm has a fifty day moving average price of $487.88 and a 200-day moving average price of $501.72. The company has a market capitalization of $155.25 billion, a price-to-earnings ratio of 40.99, a price-to-earnings-growth ratio of 2.41 and a beta of 1.23.
S&P Global (NYSE:SPGI - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.23 by $0.14. The firm had revenue of $3.78 billion for the quarter, compared to analysts' expectations of $3.72 billion. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. The firm's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter last year, the company earned $4.01 EPS. As a group, sell-side 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 issued reports on the stock. Morgan Stanley raised their price target on shares of S&P Global from $595.00 to $600.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Stifel Nicolaus lowered their price target on S&P Global from $629.00 to $603.00 and set a "buy" rating for the company in a research report on Wednesday, April 30th. Mizuho initiated coverage on S&P Global in a report on Wednesday, March 12th. They issued 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 stock an "overweight" rating in a research note on Wednesday, April 30th. Finally, Bank of America started coverage on S&P Global in a research report on Thursday, April 10th. They issued a "buy" rating and a $600.00 target price on the stock. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. According to MarketBeat, S&P Global presently has a consensus rating of "Moderate Buy" and a consensus target price of $592.71.
Check Out Our Latest Report on SPGI
About S&P Global
(
Free Report)
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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