S&P Global Inc. (NYSE:SPGI) Shares Bought by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC raised its stake in shares of S&P Global Inc. (NYSE:SPGI) by 9.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,636 shares of the business services provider’s stock after acquiring an additional 146 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in S&P Global were worth $721,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPGI. Kathleen S. Wright Associates Inc. purchased a new position in S&P Global during the third quarter valued at $25,000. Valued Wealth Advisors LLC purchased a new position in shares of S&P Global in the fourth quarter worth about $28,000. Oliver Lagore Vanvalin Investment Group lifted its stake in shares of S&P Global by 64.1% in the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 64 shares of the business services provider’s stock worth $28,000 after buying an additional 25 shares in the last quarter. Fortis Group Advisors LLC purchased a new position in shares of S&P Global in the third quarter worth about $33,000. Finally, LFA Lugano Financial Advisors SA lifted its stake in shares of S&P Global by 200.0% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 75 shares of the business services provider’s stock worth $33,000 after buying an additional 50 shares in the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Erste Group Bank reaffirmed a “hold” rating on shares of S&P Global in a research note on Wednesday, April 3rd. BMO Capital Markets lifted their price target on shares of S&P Global from $480.00 to $483.00 and gave the company an “outperform” rating in a research report on Monday, April 1st. Barclays lifted their price objective on shares of S&P Global from $500.00 to $520.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Stifel Nicolaus lifted their price objective on shares of S&P Global from $442.00 to $446.00 and gave the company a “buy” rating in a report on Friday. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 price target on shares of S&P Global in a research note on Friday, February 9th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, S&P Global has an average rating of “Moderate Buy” and a consensus price target of $462.60.

Insider Transactions at S&P Global

In other news, CEO Douglas L. Peterson sold 6,000 shares of the company’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $424.74, for a total transaction of $2,548,440.00. Following the transaction, the chief executive officer now directly owns 162,530 shares of the company’s stock, valued at approximately $69,032,992.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.10% of the company’s stock.

S&P Global Stock Performance

NYSE:SPGI opened at $415.73 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 0.33. S&P Global Inc. has a fifty-two week low of $340.49 and a fifty-two week high of $461.16. The stock has a market cap of $133.14 billion, a PE ratio of 46.61, a price-to-earnings-growth ratio of 2.36 and a beta of 1.15. The firm’s fifty day simple moving average is $423.79 and its 200-day simple moving average is $417.41.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Thursday, April 25th. The business services provider reported $4.01 earnings per share for the quarter, topping analysts’ consensus estimates of $3.68 by $0.33. S&P Global had a net margin of 22.01% and a return on equity of 12.20%. The business had revenue of $3.49 billion for the quarter, compared to analysts’ expectations of $3.39 billion. Analysts expect that S&P Global Inc. will post 13.99 earnings per share for the current fiscal year.

S&P Global Company Profile

S&P Global Inc, together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates through S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, S&P Dow Jones Indices, and S&P Global Engineering Solutions segments.