S&P Global Inc. (NYSE:SPGI) Shares Sold by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc trimmed its position in shares of S&P Global Inc. (NYSE:SPGI) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,593 shares of the business services provider’s stock after selling 112 shares during the period. S&P Global makes up about 1.2% of K.J. Harrison & Partners Inc’s holdings, making the stock its 18th biggest holding. K.J. Harrison & Partners Inc’s holdings in S&P Global were worth $7,310,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC acquired a new stake in S&P Global in the 4th quarter valued at $28,000. Oliver Lagore Vanvalin Investment Group boosted its position in S&P Global by 64.1% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 64 shares of the business services provider’s stock valued at $28,000 after buying an additional 25 shares during the last quarter. Kathleen S. Wright Associates Inc. purchased a new position in S&P Global in the 3rd quarter valued at about $25,000. LFA Lugano Financial Advisors SA boosted its position in S&P Global by 200.0% in the 4th quarter. LFA Lugano Financial Advisors SA now owns 75 shares of the business services provider’s stock valued at $33,000 after buying an additional 50 shares during the last quarter. Finally, MCF Advisors LLC boosted its position in S&P Global by 141.7% in the 4th quarter. MCF Advisors LLC now owns 87 shares of the business services provider’s stock valued at $38,000 after buying an additional 51 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Stock Performance

NYSE SPGI traded up $0.23 during trading hours on Friday, reaching $415.73. The company’s stock had a trading volume of 1,611,144 shares, compared to its average volume of 1,361,431. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.33. The business has a 50-day simple moving average of $423.79 and a 200 day simple moving average of $417.41. S&P Global Inc. has a 52 week low of $340.49 and a 52 week high of $461.16. The stock has a market cap of $133.14 billion, a PE ratio of 50.51, a PEG ratio of 2.32 and a beta of 1.15.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Thursday, April 25th. The business services provider reported $4.01 EPS for the quarter, beating the consensus estimate of $3.68 by $0.33. S&P Global had a net margin of 21.02% and a return on equity of 11.34%. The company had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.39 billion. Equities research analysts predict that S&P Global Inc. will post 14.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Raymond James upped their price objective on shares of S&P Global from $422.00 to $452.00 and gave the company an “outperform” rating in a research report on Tuesday, January 9th. Erste Group Bank reissued a “hold” rating on shares of S&P Global in a research report on Wednesday, April 3rd. Oppenheimer increased their price target on shares of S&P Global from $480.00 to $482.00 and gave the stock an “outperform” rating in a research report on Friday. Barclays increased their price target on shares of S&P Global from $500.00 to $520.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 price target on shares of S&P Global in a research report on Friday, February 9th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, S&P Global presently has an average rating of “Moderate Buy” and an average target price of $462.60.

Insider Buying and Selling at S&P Global

In related news, CEO Douglas L. Peterson sold 6,000 shares of the firm’s stock in a transaction that occurred 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 owns 162,530 shares in the company, valued at $69,032,992.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is owned by company insiders.

About S&P Global

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.