LVW Advisors LLC Has $1.59 Million Position in S&P Global Inc. (NYSE:SPGI)

LVW Advisors LLC boosted its stake in S&P Global Inc. (NYSE:SPGI) by 1.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,187 shares of the business services provider’s stock after purchasing an additional 43 shares during the quarter. LVW Advisors LLC’s holdings in S&P Global were worth $1,587,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPGI. HWG Holdings LP acquired a new position in S&P Global during the second quarter valued at approximately $27,000. Northwest Investment Counselors LLC acquired a new position in S&P Global during the third quarter valued at approximately $27,000. First Personal Financial Services acquired a new position in S&P Global during the third quarter valued at approximately $29,000. Capital Performance Advisors LLP acquired a new position in S&P Global during the third quarter valued at approximately $31,000. Finally, Voisard Asset Management Group Inc. boosted its position in S&P Global by 77.1% during the third quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 27 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Price Performance

S&P Global stock opened at $501.70 on Monday. The stock’s fifty day moving average price is $504.75 and its two-hundred day moving average price is $501.13. S&P Global Inc. has a one year low of $407.69 and a one year high of $533.29. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market cap of $155.68 billion, a PE ratio of 44.28, a price-to-earnings-growth ratio of 2.22 and a beta of 1.20.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Thursday, October 24th. The business services provider reported $3.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.64 by $0.25. S&P Global had a return on equity of 13.72% and a net margin of 25.80%. The company had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.43 billion. During the same quarter last year, the company posted $3.21 EPS. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. As a group, research analysts expect that S&P Global Inc. will post 15.25 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SPGI has been the subject of several recent research reports. UBS Group increased their price target on S&P Global from $605.00 to $610.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Raymond James cut S&P Global from an “outperform” rating to a “market perform” rating in a research report on Monday, September 23rd. Oppenheimer cut their price objective on S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a research report on Friday, January 3rd. Wells Fargo & Company cut their price objective on S&P Global from $620.00 to $617.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. Finally, Evercore ISI began coverage on S&P Global in a research report on Wednesday, October 2nd. They issued an “outperform” rating and a $599.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, S&P Global has a consensus rating of “Moderate Buy” and a consensus target price of $583.62.

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.