Hantz Financial Services Inc. cut its stake in S&P Global Inc. (NYSE:SPGI – Free Report) by 5.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,121 shares of the business services provider’s stock after selling 1,239 shares during the quarter. Hantz Financial Services Inc.’s holdings in S&P Global were worth $11,017,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently modified their holdings of the stock. AQR Capital Management LLC lifted its stake in S&P Global by 35.3% during the 2nd quarter. AQR Capital Management LLC now owns 31,837 shares of the business services provider’s stock valued at $14,147,000 after acquiring an additional 8,315 shares in the last quarter. Creative Planning lifted its position in shares of S&P Global by 7.3% during the second quarter. Creative Planning now owns 45,648 shares of the business services provider’s stock valued at $20,359,000 after purchasing an additional 3,092 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in S&P Global by 53.2% during the second quarter. NewEdge Advisors LLC now owns 15,635 shares of the business services provider’s stock worth $6,973,000 after purchasing an additional 5,429 shares during the last quarter. Regal Investment Advisors LLC grew its position in S&P Global by 0.6% in the 2nd quarter. Regal Investment Advisors LLC now owns 4,546 shares of the business services provider’s stock worth $2,028,000 after purchasing an additional 29 shares in the last quarter. Finally, Next Capital Management LLC purchased a new stake in S&P Global in the 2nd quarter valued at about $221,000. Institutional investors own 87.17% of the company’s stock.
S&P Global Trading Down 0.0 %
Shares of SPGI stock opened at $520.54 on Wednesday. The stock has a market capitalization of $161.52 billion, a price-to-earnings ratio of 45.94, a PEG ratio of 2.36 and a beta of 1.20. The company’s fifty day simple moving average is $505.75 and its two-hundred day simple moving average is $503.99. S&P Global Inc. has a 1 year low of $407.69 and a 1 year high of $533.29. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.94.
S&P Global Increases Dividend
Wall Street Analysts Forecast Growth
SPGI has been the subject of several recent analyst reports. Robert W. Baird upped their target price on S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Stifel Nicolaus upped their price objective on S&P Global from $540.00 to $560.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Evercore ISI started coverage on S&P Global in a research note on Wednesday, October 2nd. They set an “outperform” rating and a $599.00 target price on the stock. Oppenheimer decreased 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. Finally, Morgan Stanley lifted their price objective on shares of S&P Global from $570.00 to $595.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Two research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $584.54.
View Our Latest Research Report on S&P Global
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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