S&P Global Inc. (NYSE:SPGI) Shares Acquired by NN Investment Partners Holdings N.V.

NN Investment Partners Holdings N.V. grew its position in S&P Global Inc. (NYSE:SPGI) by 5.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 556,112 shares of the business services provider’s stock after acquiring an additional 27,532 shares during the period. S&P Global comprises approximately 1.2% of NN Investment Partners Holdings N.V.’s investment portfolio, making the stock its 16th biggest position. NN Investment Partners Holdings N.V. owned approximately 0.23% of S&P Global worth $196,236,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of SPGI. Trust Co. of Vermont increased its stake in shares of S&P Global by 8.2% during the fourth quarter. Trust Co. of Vermont now owns 5,208 shares of the business services provider’s stock worth $1,712,000 after purchasing an additional 396 shares in the last quarter. Birch Hill Investment Advisors LLC increased its stake in shares of S&P Global by 45.3% during the fourth quarter. Birch Hill Investment Advisors LLC now owns 13,155 shares of the business services provider’s stock worth $4,324,000 after purchasing an additional 4,100 shares in the last quarter. Centaurus Financial Inc. purchased a new stake in shares of S&P Global during the fourth quarter worth about $455,000. Centennial Wealth Advisory LLC purchased a new stake in shares of S&P Global during the fourth quarter worth about $267,000. Finally, First Midwest Bank Trust Division increased its stake in shares of S&P Global by 5.8% during the first quarter. First Midwest Bank Trust Division now owns 9,009 shares of the business services provider’s stock worth $3,179,000 after purchasing an additional 496 shares in the last quarter. Institutional investors and hedge funds own 81.94% of the company’s stock.

Shares of NYSE:SPGI traded up $0.73 during trading hours on Tuesday, reaching $394.63. The stock had a trading volume of 12,548 shares, compared to its average volume of 1,651,362. The company has a debt-to-equity ratio of 8.25, a quick ratio of 1.72 and a current ratio of 1.72. The firm’s 50 day moving average is $367.38 and its 200-day moving average is $339.76. The stock has a market capitalization of $95.06 billion, a price-to-earnings ratio of 39.47, a P/E/G ratio of 2.64 and a beta of 1.00. S&P Global Inc. has a 1 year low of $281.07 and a 1 year high of $394.93.

S&P Global (NYSE:SPGI) last released its earnings results on Thursday, April 29th. The business services provider reported $3.39 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.13 by $0.26. S&P Global had a net margin of 33.20% and a return on equity of 1,009.75%. Analysts forecast that S&P Global Inc. will post 11.48 EPS for the current year.

Several analysts recently issued reports on the stock. Stifel Nicolaus upped their price objective on shares of S&P Global from $385.00 to $414.00 in a research note on Friday, April 9th. Morgan Stanley upped their price objective on shares of S&P Global from $421.00 to $435.00 and gave the company an “overweight” rating in a research note on Friday. Wells Fargo & Company upped their price objective on shares of S&P Global from $415.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, February 10th. Robert W. Baird began coverage on shares of S&P Global in a report on Monday. They issued an “outperform” rating and a $437.00 target price on the stock. Finally, UBS Group boosted their target price on shares of S&P Global from $420.00 to $435.00 and gave the company a “buy” rating in a report on Wednesday, February 10th. Thirteen equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. S&P Global currently has a consensus rating of “Buy” and an average price target of $408.00.

S&P Global Company Profile

S&P Global Inc, together with its subsidiaries, provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. The company operates through four segments: S&P Global Ratings (Ratings), S&P Global Market Intelligence (Market Intelligence), S&P Global Platts (Platts), and S&P Dow Jones Indices (Indices).

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

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