S&P Global Inc (SPGI) Holdings Lifted by KCM Investment Advisors LLC

KCM Investment Advisors LLC grew its stake in shares of S&P Global Inc (NYSE:SPGI) by 6.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,324 shares of the business services provider’s stock after acquiring an additional 598 shares during the period. KCM Investment Advisors LLC’s holdings in S&P Global were worth $1,579,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Advisor Group Inc. lifted its position in shares of S&P Global by 13.1% in the 4th quarter. Advisor Group Inc. now owns 2,401 shares of the business services provider’s stock worth $406,000 after buying an additional 278 shares during the last quarter. Virtu Financial LLC lifted its position in shares of S&P Global by 18.4% in the 4th quarter. Virtu Financial LLC now owns 1,837 shares of the business services provider’s stock worth $311,000 after buying an additional 286 shares during the last quarter. Jane Street Group LLC lifted its position in shares of S&P Global by 6.7% in the 4th quarter. Jane Street Group LLC now owns 4,540 shares of the business services provider’s stock worth $769,000 after buying an additional 287 shares during the last quarter. HAP Trading LLC lifted its position in shares of S&P Global by 1.4% in the 4th quarter. HAP Trading LLC now owns 21,653 shares of the business services provider’s stock worth $3,668,000 after buying an additional 291 shares during the last quarter. Finally, San Francisco Sentry Investment Group CA lifted its position in shares of S&P Global by 26.3% in the 4th quarter. San Francisco Sentry Investment Group CA now owns 1,465 shares of the business services provider’s stock worth $248,000 after buying an additional 305 shares during the last quarter. 85.57% of the stock is owned by institutional investors.

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In other S&P Global news, insider John L. Berisford sold 15,902 shares of the business’s stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $192.19, for a total transaction of $3,056,205.38. Following the sale, the insider now directly owns 25,455 shares in the company, valued at approximately $4,892,196.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Nancy Luquette sold 890 shares of the business’s stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $188.53, for a total transaction of $167,791.70. The disclosure for this sale can be found here. Insiders have sold a total of 20,792 shares of company stock worth $3,973,197 over the last 90 days. 0.20% of the stock is owned by insiders.

A number of research analysts have recently issued reports on SPGI shares. Barclays restated an “overweight” rating and issued a $190.00 price target (up from $185.00) on shares of S&P Global in a research report on Friday, December 15th. Stifel Nicolaus started coverage on shares of S&P Global in a research report on Tuesday, December 19th. They issued a “hold” rating and a $186.00 price target on the stock. Zacks Investment Research downgraded shares of S&P Global from a “buy” rating to a “hold” rating and set a $188.00 price target on the stock. in a research report on Friday, January 5th. Piper Jaffray Companies raised their price target on shares of S&P Global from $150.00 to $168.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 10th. Finally, Nomura started coverage on shares of S&P Global in a research report on Thursday, January 11th. They issued a “neutral” rating and a $160.00 price objective on the stock. Eight investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $190.36.

Shares of S&P Global Inc (NYSE SPGI) opened at $189.08 on Friday. The firm has a market cap of $49,208.36, a PE ratio of 32.71, a P/E/G ratio of 1.57 and a beta of 1.41. S&P Global Inc has a 52-week low of $127.60 and a 52-week high of $197.76. The company has a debt-to-equity ratio of 4.13, a current ratio of 1.35 and a quick ratio of 1.35.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, February 6th. The business services provider reported $1.85 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.63 by $0.22. The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.50 billion. S&P Global had a net margin of 24.69% and a return on equity of 199.44%. S&P Global’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period last year, the firm posted $1.28 EPS. equities analysts predict that S&P Global Inc will post 8.52 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, March 12th. Shareholders of record on Monday, February 26th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.06%. This is an increase from S&P Global’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Friday, February 23rd. S&P Global’s payout ratio is 34.60%.

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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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