S&P Global Inc. (NYSE:SPGI) Shares Bought by Virtus ETF Advisers LLC

Virtus ETF Advisers LLC boosted its stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 30.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,362 shares of the business services provider's stock after purchasing an additional 554 shares during the period. Virtus ETF Advisers LLC's holdings in S&P Global were worth $1,176,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SPGI. Human Investing LLC purchased a new stake in shares of S&P Global in the 4th quarter worth $30,000. Noble Wealth Management PBC bought a new position in S&P Global in the 4th quarter worth $31,000. Hazlett Burt & Watson Inc. boosted its holdings in S&P Global by 131.0% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 67 shares of the business services provider's stock worth $32,000 after buying an additional 38 shares during the period. Sound Income Strategies LLC boosted its holdings in S&P Global by 700.0% in the 4th quarter. Sound Income Strategies LLC now owns 72 shares of the business services provider's stock worth $36,000 after buying an additional 63 shares during the period. Finally, BankPlus Trust Department bought a new position in S&P Global in the 4th quarter worth $40,000. Institutional investors own 87.17% of the company's stock.

S&P Global Trading Up 0.5 %

Shares of S&P Global stock traded up $2.46 on Thursday, hitting $502.51. 445,280 shares of the company traded hands, compared to its average volume of 1,224,241. S&P Global Inc. has a 52 week low of $408.84 and a 52 week high of $545.39. The company has a market cap of $157.71 billion, a PE ratio of 40.66, a PEG ratio of 2.41 and a beta of 1.26. The stock's 50 day moving average price is $489.55 and its 200-day moving average price is $502.49. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.34.

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 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 business had revenue of $3.78 billion during the quarter, compared to analysts' expectations of $3.72 billion. During the same period in the prior year, the business earned $4.01 EPS. The business's revenue for the quarter was up 8.2% compared to the same quarter last year. Equities research analysts predict that S&P Global Inc. will post 17.11 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Stifel Nicolaus dropped their target price on shares of S&P Global from $629.00 to $603.00 and set a "buy" rating for the company in a report on Wednesday. Evercore ISI increased their price objective on shares of S&P Global from $599.00 to $608.00 and gave the company an "outperform" rating in a report on Wednesday, February 12th. BMO Capital Markets increased their price objective on shares of S&P Global from $576.00 to $590.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Robert W. Baird dropped 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. Finally, Oppenheimer dropped their price objective on shares of S&P Global from $590.00 to $580.00 and set an "outperform" rating for the company in a report on Friday, January 3rd. 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, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $592.71.

S&P Global 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.