S&P Global Inc (SPGI) Stake Raised by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund grew its position in S&P Global Inc (NYSE:SPGI) by 0.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 72,647 shares of the business services provider’s stock after purchasing an additional 449 shares during the period. Oregon Public Employees Retirement Fund’s holdings in S&P Global were worth $14,194,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Gulf International Bank UK Ltd lifted its position in S&P Global by 0.3% during the 2nd quarter. Gulf International Bank UK Ltd now owns 80,871 shares of the business services provider’s stock worth $16,488,000 after buying an additional 250 shares in the last quarter. IFP Advisors Inc lifted its position in S&P Global by 10.8% during the 2nd quarter. IFP Advisors Inc now owns 2,676 shares of the business services provider’s stock worth $546,000 after buying an additional 261 shares in the last quarter. BB&T Securities LLC lifted its position in S&P Global by 6.0% during the 2nd quarter. BB&T Securities LLC now owns 5,252 shares of the business services provider’s stock worth $1,071,000 after buying an additional 298 shares in the last quarter. GHP Investment Advisors Inc. lifted its position in S&P Global by 3.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 9,768 shares of the business services provider’s stock worth $1,909,000 after buying an additional 298 shares in the last quarter. Finally, Intrust Bank NA lifted its position in S&P Global by 9.0% during the 2nd quarter. Intrust Bank NA now owns 3,611 shares of the business services provider’s stock worth $736,000 after buying an additional 299 shares in the last quarter. Institutional investors own 84.00% of the company’s stock.

S&P Global stock opened at $176.61 on Wednesday. The company has a debt-to-equity ratio of 3.82, a quick ratio of 1.27 and a current ratio of 1.44. S&P Global Inc has a 1 year low of $153.25 and a 1 year high of $217.31. The stock has a market cap of $43.01 billion, a price-to-earnings ratio of 25.63, a price-to-earnings-growth ratio of 1.41 and a beta of 1.19.



S&P Global (NYSE:SPGI) last released its earnings results on Thursday, October 25th. The business services provider reported $2.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.10. S&P Global had a net margin of 27.10% and a return on equity of 340.41%. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.58 billion. On average, analysts forecast that S&P Global Inc will post 8.52 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 12th. Shareholders of record on Wednesday, November 28th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, November 27th. This represents a $2.00 dividend on an annualized basis and a yield of 1.13%. S&P Global’s payout ratio is presently 29.03%.

Several research analysts recently issued reports on the stock. Morgan Stanley set a $202.00 price target on shares of S&P Global and gave the stock a “hold” rating in a research report on Friday, October 26th. Raymond James reduced their price target on shares of S&P Global from $222.00 to $215.00 and set an “outperform” rating on the stock in a research report on Friday, October 26th. BMO Capital Markets reduced their price target on shares of S&P Global from $197.00 to $185.00 and set a “market perform” rating on the stock in a research report on Friday, October 26th. Wells Fargo & Co reduced their price target on shares of S&P Global from $205.00 to $180.00 and set a “market perform” rating on the stock in a research report on Friday, October 26th. Finally, ValuEngine downgraded shares of S&P Global from a “buy” rating to a “hold” rating in a research report on Tuesday, October 9th. Nine equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $206.69.

In other news, CEO Douglas L. Peterson sold 4,000 shares of the company’s stock in a transaction dated Wednesday, August 15th. The stock was sold at an average price of $201.27, for a total value of $805,080.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Nancy Luquette sold 350 shares of the company’s stock in a transaction dated Wednesday, August 22nd. The shares were sold at an average price of $203.35, for a total value of $71,172.50. Following the completion of the sale, the senior vice president now directly owns 531 shares of the company’s stock, valued at $107,978.85. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.

About S&P Global

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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