1,720 Shares in S&P Global Inc. $SPGI Purchased by Cooper Investors PTY Ltd.

Cooper Investors PTY Ltd. acquired a new position in shares of S&P Global Inc. (NYSE:SPGI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,720 shares of the business services provider’s stock, valued at approximately $837,000.

Several other institutional investors and hedge funds also recently bought and sold shares of SPGI. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of S&P Global during the second quarter worth approximately $26,000. MTM Investment Management LLC acquired a new position in S&P Global in the 2nd quarter valued at approximately $27,000. CBIZ Investment Advisory Services LLC lifted its position in S&P Global by 103.3% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 61 shares of the business services provider’s stock worth $31,000 after buying an additional 31 shares in the last quarter. eCIO Inc. purchased a new stake in S&P Global in the 1st quarter worth approximately $32,000. Finally, Spurstone Advisory Services LLC acquired a new stake in shares of S&P Global during the 2nd quarter valued at $34,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Trading Up 0.1%

S&P Global stock opened at $525.44 on Friday. S&P Global Inc. has a one year low of $427.14 and a one year high of $579.05. The company’s fifty day moving average price is $495.94 and its two-hundred day moving average price is $514.63. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $159.10 billion, a price-to-earnings ratio of 38.21, a PEG ratio of 2.73 and a beta of 1.19.

S&P Global (NYSE:SPGI) last released its quarterly earnings results on Monday, February 28th. The business services provider reported $2.33 earnings per share (EPS) for the quarter. S&P Global had a return on equity of 15.90% and a net margin of 28.10%.The company had revenue of $1.87 billion during the quarter. On average, analysts forecast that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SPGI has been the topic of a number of research reports. Mizuho upped their price target on shares of S&P Global from $637.00 to $643.00 and gave the stock an “outperform” rating in a research note on Thursday, October 16th. Evercore ISI boosted their target price on S&P Global from $619.00 to $629.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. William Blair reaffirmed an “outperform” rating on shares of S&P Global in a research report on Monday, November 17th. Stifel Nicolaus cut their price target on S&P Global from $625.00 to $599.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Finally, Citigroup lifted their price target on S&P Global from $600.00 to $635.00 and gave the company a “buy” rating in a report on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating and sixteen have assigned a Buy rating to the stock. According to data from MarketBeat.com, S&P Global has an average rating of “Buy” and a consensus price target of $614.93.

S&P Global Company Profile

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.