S&P Global Inc (SPGI) Shares Sold by Natixis

Natixis trimmed its stake in S&P Global Inc (NYSE:SPGI) by 26.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 159,511 shares of the business services provider’s stock after selling 56,462 shares during the period. Natixis’ holdings in S&P Global were worth $30,476,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of SPGI. Truewealth LLC bought a new position in shares of S&P Global in the 4th quarter worth about $112,000. Financial Gravity Companies Inc. bought a new position in shares of S&P Global in the 4th quarter worth about $115,000. Optimum Investment Advisors bought a new position in shares of S&P Global in the 1st quarter worth about $124,000. Bronfman E.L. Rothschild L.P. increased its stake in shares of S&P Global by 89.8% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 837 shares of the business services provider’s stock worth $142,000 after acquiring an additional 396 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd increased its stake in shares of S&P Global by 46.4% in the 1st quarter. Harvest Fund Management Co. Ltd now owns 820 shares of the business services provider’s stock worth $156,000 after acquiring an additional 260 shares in the last quarter. 85.09% of the stock is owned by hedge funds and other institutional investors.

In other news, CEO Douglas L. Peterson sold 4,000 shares of S&P Global stock in a transaction that occurred on Tuesday, May 15th. The shares were sold at an average price of $197.75, for a total value of $791,000.00. Following the completion of the sale, the chief executive officer now directly owns 171,190 shares in the company, valued at $33,852,822.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Alexander Matturri, Jr. sold 1,936 shares of S&P Global stock in a transaction that occurred on Tuesday, May 29th. The stock was sold at an average price of $196.93, for a total transaction of $381,256.48. Following the completion of the sale, the chief executive officer now owns 14,579 shares of the company’s stock, valued at $2,871,042.47. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by company insiders.

Several brokerages recently issued reports on SPGI. Morgan Stanley increased their price target on shares of S&P Global from $198.00 to $203.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 12th. Zacks Investment Research lowered shares of S&P Global from a “buy” rating to a “sell” rating in a research note on Wednesday, April 11th. Raymond James decreased their price target on shares of S&P Global from $210.00 to $206.00 and set an “outperform” rating for the company in a research note on Thursday, April 19th. Argus increased their price target on shares of S&P Global to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, February 14th. Finally, ValuEngine upgraded shares of S&P Global from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $196.00.

NYSE:SPGI opened at $207.35 on Thursday. The stock has a market cap of $52.12 billion, a price-to-earnings ratio of 30.09, a PEG ratio of 1.67 and a beta of 1.37. The company has a debt-to-equity ratio of 46.62, a current ratio of 1.05 and a quick ratio of 1.05. S&P Global Inc has a fifty-two week low of $144.68 and a fifty-two week high of $208.80.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Thursday, April 26th. The business services provider reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.02. The business had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.53 billion. S&P Global had a net margin of 25.72% and a return on equity of 267.10%. S&P Global’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business earned $1.62 EPS. equities research analysts expect that S&P Global Inc will post 8.53 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 12th. Shareholders of record on Tuesday, May 29th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, May 25th. This represents a $2.00 dividend on an annualized basis and a yield of 0.96%. S&P Global’s dividend payout ratio is currently 29.03%.

S&P Global Profile

S&P Global Inc provides independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through three segments: Ratings, Market and Commodities Intelligence, and S&P Dow Jones Indices. The Ratings segment provides credit ratings, research, and analytics to investors, issuers, and other market participants.

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

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