S&P Global Inc. (NYSE:SPGI) Shares Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. grew its position in S&P Global Inc. (NYSE:SPGI) by 10.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,159 shares of the business services provider’s stock after buying an additional 2,247 shares during the period. Crossmark Global Holdings Inc.’s holdings in S&P Global were worth $11,533,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SPGI. HWG Holdings LP acquired a new position in S&P Global during the second quarter worth $27,000. Northwest Investment Counselors LLC acquired a new position in S&P Global during the 3rd quarter worth about $27,000. First Personal Financial Services acquired a new position in S&P Global in the 3rd quarter valued at about $29,000. Capital Performance Advisors LLP purchased a new stake in S&P Global during the third quarter worth about $31,000. Finally, Voisard Asset Management Group Inc. boosted its stake in shares of S&P Global by 77.1% in the third quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 27 shares during the period. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on SPGI. BMO Capital Markets lowered their target price on S&P Global from $589.00 to $564.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. JPMorgan Chase & Co. reduced their target price on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Raymond James cut shares of S&P Global from an “outperform” rating to a “market perform” rating in a report on Monday, September 23rd. Morgan Stanley increased their price objective on shares of S&P Global from $570.00 to $595.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Finally, 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 research report on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $583.62.

S&P Global Stock Down 0.7 %

SPGI opened at $501.70 on Tuesday. The stock has a market capitalization of $155.68 billion, a P/E ratio of 44.28, a P/E/G ratio of 2.30 and a beta of 1.20. S&P Global Inc. has a 12 month low of $407.69 and a 12 month high of $533.29. The business has a 50 day simple moving average of $504.75 and a 200-day simple moving average of $501.49. 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 (NYSE:SPGI) last issued its quarterly earnings data on Thursday, October 24th. The business services provider reported $3.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.64 by $0.25. The firm had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.43 billion. S&P Global had a return on equity of 13.72% and a net margin of 25.80%. S&P Global’s revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the firm posted $3.21 earnings per share. On average, equities analysts anticipate that S&P Global Inc. will post 15.3 earnings per share for the current fiscal year.

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.