National Pension Service Sells 2,505 Shares of S&P Global Inc (SPGI)

National Pension Service cut its stake in shares of S&P Global Inc (NYSE:SPGI) by 1.1% in the 4th quarter, Holdings Channel reports. The firm owned 229,735 shares of the business services provider’s stock after selling 2,505 shares during the quarter. National Pension Service’s holdings in S&P Global were worth $38,917,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of SPGI. Northwestern Mutual Wealth Management Co. bought a new position in shares of S&P Global during the second quarter valued at approximately $185,000. Edmond DE Rothschild Holding S.A. grew its holdings in S&P Global by 41.0% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 1,445 shares of the business services provider’s stock worth $211,000 after buying an additional 420 shares in the last quarter. Thrivent Financial For Lutherans grew its holdings in S&P Global by 2.8% in the 2nd quarter. Thrivent Financial For Lutherans now owns 9,760 shares of the business services provider’s stock worth $1,425,000 after buying an additional 270 shares in the last quarter. BRYN MAWR TRUST Co grew its holdings in S&P Global by 6.8% in the 2nd quarter. BRYN MAWR TRUST Co now owns 2,029 shares of the business services provider’s stock worth $296,000 after buying an additional 129 shares in the last quarter. Finally, Mutual of America Capital Management LLC grew its holdings in S&P Global by 3.6% in the 2nd quarter. Mutual of America Capital Management LLC now owns 31,473 shares of the business services provider’s stock worth $4,595,000 after buying an additional 1,095 shares in the last quarter. 85.06% of the stock is owned by institutional investors.

In other S&P Global news, EVP Courtney Geduldig sold 1,596 shares of the stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $156.50, for a total transaction of $249,774.00. Following the completion of the transaction, the executive vice president now directly owns 2,663 shares of the company’s stock, valued at approximately $416,759.50. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Douglas L. Peterson sold 4,000 shares of the stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $157.79, for a total value of $631,160.00. Following the transaction, the chief executive officer now directly owns 140,743 shares of the company’s stock, valued at $22,207,837.97. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 7,000 shares of company stock valued at $1,104,704. 0.20% of the stock is currently owned by corporate insiders.

A number of brokerages recently issued reports on SPGI. Zacks Investment Research raised S&P Global from a “hold” rating to a “buy” rating and set a $197.00 price objective for the company in a report on Thursday, January 11th. Nomura began coverage on S&P Global in a report on Thursday, January 11th. They issued a “neutral” rating and a $160.00 price objective for the company. Piper Jaffray Companies increased their price objective on S&P Global from $150.00 to $168.00 and gave the stock an “overweight” rating in a report on Wednesday, January 10th. Morgan Stanley increased their price objective on S&P Global from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Friday, October 6th. Finally, BMO Capital Markets lowered S&P Global from an “outperform” rating to a “market perform” rating and set a $166.00 price objective for the company. in a report on Friday, October 27th. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $171.46.

S&P Global Inc (SPGI) opened at $176.79 on Thursday. The company has a debt-to-equity ratio of 4.00, a quick ratio of 1.52 and a current ratio of 1.52. The stock has a market capitalization of $45,080.00, a price-to-earnings ratio of 25.96, a price-to-earnings-growth ratio of 1.94 and a beta of 1.51. S&P Global Inc has a one year low of $112.94 and a one year high of $178.62.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Thursday, October 26th. The business services provider reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.19. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.45 billion. S&P Global had a return on equity of 187.30% and a net margin of 30.15%. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the company posted $1.43 EPS. equities research analysts predict that S&P Global Inc will post 6.66 earnings per share for the current year.

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S&P Global Profile

S&P Global Inc, formerly McGraw Hill Financial Inc, is a provider of ratings, benchmarks, analytics and data to the capital and commodity markets around the world. The Company operates through three segments: Ratings, which provides credit ratings, research and analytics to investors, issuers and other market participants; Market and Commodities Intelligence, which offers multi-asset-class data, research and analytical capabilities that integrate cross-asset analytics and desktop services, and deliver their customers in the commodity and energy markets access to information, data, analytic services and pricing and benchmarks, and S&P Dow Jones Indices (Indices), which is an index provider that maintains a range of valuation and index benchmarks for investment advisors, wealth managers and institutional investors.

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Institutional Ownership by Quarter for S&P Global (NYSE:SPGI)

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