San Francisco Sentry Investment Group CA Purchases 1,035 Shares of S&P Global Inc. (SPGI)

San Francisco Sentry Investment Group CA boosted its position in S&P Global Inc. (NYSE:SPGI) by 828.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,160 shares of the business services provider’s stock after purchasing an additional 1,035 shares during the period. San Francisco Sentry Investment Group CA’s holdings in S&P Global were worth $181,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. FDO Partners LLC increased its stake in shares of S&P Global by 791.1% in the third quarter. FDO Partners LLC now owns 15,407 shares of the business services provider’s stock valued at $2,408,000 after buying an additional 13,678 shares during the period. Westfield Capital Management Co. LP increased its stake in shares of S&P Global by 43.1% in the third quarter. Westfield Capital Management Co. LP now owns 519,991 shares of the business services provider’s stock valued at $81,280,000 after buying an additional 156,726 shares during the period. Commerzbank Aktiengesellschaft FI acquired a new stake in shares of S&P Global in the third quarter valued at about $492,000. Skandinaviska Enskilda Banken AB publ increased its stake in shares of S&P Global by 1.5% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 41,826 shares of the business services provider’s stock valued at $6,538,000 after buying an additional 600 shares during the period. Finally, KBC Group NV increased its stake in shares of S&P Global by 47.4% in the third quarter. KBC Group NV now owns 67,852 shares of the business services provider’s stock valued at $10,605,000 after buying an additional 21,828 shares during the period. 85.58% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have recently weighed in on SPGI shares. UBS increased their price target on S&P Global from $173.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Goldman Sachs Group reissued a “neutral” rating and issued a $176.00 price target on shares of S&P Global in a research note on Wednesday, October 18th. Zacks Investment Research cut S&P Global from a “buy” rating to a “hold” rating in a research note on Monday, August 28th. Barclays increased their price target on S&P Global from $160.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, September 15th. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $177.00 price target on shares of S&P Global in a research note on Thursday, October 26th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. S&P Global has a consensus rating of “Buy” and an average price target of $168.27.

S&P Global Inc. (NYSE SPGI) traded up $0.69 during midday trading on Monday, reaching $166.17. The company had a trading volume of 1,053,500 shares, compared to its average volume of 1,114,403. S&P Global Inc. has a fifty-two week low of $107.21 and a fifty-two week high of $167.87. The firm has a market capitalization of $42,373.35, a PE ratio of 26.25, a P/E/G ratio of 2.00 and a beta of 1.51. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 4.00.

S&P Global (NYSE:SPGI) last released its earnings results on Thursday, October 26th. The business services provider reported $1.71 EPS for the quarter, topping the consensus estimate of $1.52 by $0.19. S&P Global had a return on equity of 187.30% and a net margin of 30.15%. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.45 billion. During the same quarter last year, the firm posted $1.43 earnings per share. The firm’s revenue was up 5.1% on a year-over-year basis. sell-side analysts predict that S&P Global Inc. will post 6.64 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 28th will be issued a $0.41 dividend. The ex-dividend date is Monday, November 27th. This represents a $1.64 annualized dividend and a yield of 0.99%. S&P Global’s payout ratio is currently 24.08%.

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

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S&P Global Company 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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