S&P Global Inc. $SPGI Shares Acquired by James Hambro & Partners LLP

James Hambro & Partners LLP grew its holdings in S&P Global Inc. (NYSE:SPGI) by 0.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 232,712 shares of the business services provider’s stock after purchasing an additional 1,350 shares during the quarter. S&P Global accounts for about 4.0% of James Hambro & Partners LLP’s holdings, making the stock its 12th biggest holding. James Hambro & Partners LLP owned about 0.08% of S&P Global worth $113,246,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of S&P Global by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 30,094,919 shares of the business services provider’s stock valued at $15,868,750,000 after buying an additional 315,916 shares during the period. TCI Fund Management Ltd. increased its position in shares of S&P Global by 7.0% during the second quarter. TCI Fund Management Ltd. now owns 11,091,623 shares of the business services provider’s stock worth $5,848,502,000 after purchasing an additional 730,354 shares in the last quarter. Geode Capital Management LLC grew its position in shares of S&P Global by 0.6% during the second quarter. Geode Capital Management LLC now owns 6,793,282 shares of the business services provider’s stock worth $3,565,889,000 after acquiring an additional 42,724 shares during the last quarter. Norges Bank acquired a new position in S&P Global in the second quarter valued at $2,188,945,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in S&P Global by 3.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,186,250 shares of the business services provider’s stock worth $1,618,934,000 after acquiring an additional 114,843 shares during the period. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Stock Performance

NYSE SPGI opened at $525.17 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.97 and a quick ratio of 0.97. S&P Global Inc. has a 1-year low of $427.14 and a 1-year high of $579.05. The firm has a market capitalization of $159.02 billion, a P/E ratio of 38.19, a P/E/G ratio of 2.71 and a beta of 1.19. The business’s 50-day simple moving average is $494.02 and its 200-day simple moving average is $514.47.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Monday, February 28th. The business services provider reported $2.33 EPS for the quarter. The firm had revenue of $1.87 billion for the quarter. S&P Global had a net margin of 28.10% and a return on equity of 15.90%. Equities analysts predict that S&P Global Inc. will post 17.11 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Seaport Res Ptn raised S&P Global to a “strong-buy” rating in a report on Wednesday, October 1st. Mizuho upped their price target on shares of S&P Global from $637.00 to $643.00 and gave the company an “outperform” rating in a report on Thursday, October 16th. Evercore ISI increased their price objective on S&P Global from $619.00 to $629.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. JPMorgan Chase & Co. lowered their target price on shares of S&P Global from $635.00 to $615.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $640.00 price objective on shares of S&P Global in a research note on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating and sixteen have assigned a Buy rating to the stock. According to data from MarketBeat.com, S&P Global presently has a consensus rating of “Buy” and a consensus target price of $614.93.

About S&P Global

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.