James Hambro & Partners LLP Purchases 1,899 Shares of S&P Global Inc. (NYSE:SPGI)

James Hambro & Partners LLP increased its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 0.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 217,029 shares of the business services provider’s stock after purchasing an additional 1,899 shares during the period. S&P Global accounts for approximately 4.3% of James Hambro & Partners LLP’s holdings, making the stock its 14th largest position. James Hambro & Partners LLP owned about 0.07% of S&P Global worth $108,173,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Nordea Investment Management AB lifted its stake in shares of S&P Global by 52.0% during the 4th quarter. Nordea Investment Management AB now owns 658,766 shares of the business services provider’s stock worth $328,632,000 after buying an additional 225,370 shares during the last quarter. GDS Wealth Management raised its holdings in S&P Global by 7.0% in the 3rd quarter. GDS Wealth Management now owns 27,358 shares of the business services provider’s stock valued at $14,134,000 after acquiring an additional 1,801 shares during the period. Sanctuary Advisors LLC lifted its position in S&P Global by 12.6% during the third quarter. Sanctuary Advisors LLC now owns 27,598 shares of the business services provider’s stock worth $14,198,000 after acquiring an additional 3,093 shares during the last quarter. Oddo BHF Asset Management Sas bought a new stake in shares of S&P Global during the third quarter worth approximately $27,170,000. Finally, Eastern Bank grew its position in shares of S&P Global by 3.1% in the fourth quarter. Eastern Bank now owns 50,157 shares of the business services provider’s stock valued at $24,980,000 after purchasing an additional 1,530 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SPGI. Evercore ISI initiated coverage on shares of S&P Global in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $599.00 price target on the stock. Morgan Stanley raised their target price on shares of S&P Global from $570.00 to $595.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Oppenheimer cut their price target on S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. UBS Group raised their price objective on S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, BMO Capital Markets lifted their price objective on S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $584.54.

S&P Global Trading Up 0.0 %

Shares of SPGI stock opened at $513.64 on Monday. S&P Global Inc. has a 1-year low of $407.69 and a 1-year high of $533.29. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.33. The stock has a market cap of $159.38 billion, a price-to-earnings ratio of 45.33, a PEG ratio of 2.36 and a beta of 1.20. The stock has a 50-day moving average of $505.03 and a 200-day moving average of $503.35.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Thursday, October 24th. The business services provider reported $3.89 EPS for the quarter, beating analysts’ consensus estimates of $3.64 by $0.25. S&P Global had a net margin of 25.80% and a return on equity of 13.72%. The company had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.43 billion. During the same period in the prior year, the firm posted $3.21 EPS. The company’s quarterly revenue was up 15.9% on a year-over-year basis. On average, equities research analysts forecast that S&P Global Inc. will post 15.33 earnings per share for the current 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.