Roosevelt Investment Group Inc. lessened its stake in shares of S&P Global Inc (NYSE:SPGI) by 0.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,540 shares of the business services provider’s stock after selling 556 shares during the period. S&P Global accounts for 1.7% of Roosevelt Investment Group Inc.’s portfolio, making the stock its 19th largest holding. Roosevelt Investment Group Inc.’s holdings in S&P Global were worth $18,863,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Glenmede Trust Co. NA grew its holdings in S&P Global by 1,004.1% during the second quarter. Glenmede Trust Co. NA now owns 177,092 shares of the business services provider’s stock valued at $36,107,000 after purchasing an additional 161,052 shares during the last quarter. Bank of America Corp DE grew its holdings in S&P Global by 1.2% during the second quarter. Bank of America Corp DE now owns 1,194,906 shares of the business services provider’s stock valued at $243,630,000 after purchasing an additional 13,859 shares during the last quarter. Davy Asset Management Ltd acquired a new position in S&P Global during the second quarter valued at approximately $1,576,000. USS Investment Management Ltd grew its holdings in S&P Global by 24.2% during the third quarter. USS Investment Management Ltd now owns 966,695 shares of the business services provider’s stock valued at $188,887,000 after purchasing an additional 188,210 shares during the last quarter. Finally, Marshall Wace LLP grew its holdings in S&P Global by 3,985.1% during the second quarter. Marshall Wace LLP now owns 389,800 shares of the business services provider’s stock valued at $79,476,000 after purchasing an additional 380,258 shares during the last quarter. Institutional investors own 82.92% of the company’s stock.

Several equities research analysts have recently weighed in on the company. UBS Group reduced their price objective on S&P Global from $242.00 to $241.00 and set a “buy” rating for the company in a research report on Friday, September 21st. Goldman Sachs Group assumed coverage on S&P Global in a research report on Wednesday, November 14th. They issued a “buy” rating and a $225.00 price objective for the company. Morgan Stanley increased their price objective on S&P Global from $217.00 to $219.00 and gave the company an “equal weight” rating in a research report on Friday, July 27th. ValuEngine cut S&P Global from a “buy” rating to a “hold” rating in a research report on Tuesday, October 9th. Finally, Zacks Investment Research raised S&P Global from a “sell” rating to a “hold” rating in a research report on Friday, October 5th. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $208.00.

In related news, SVP Nancy Luquette sold 225 shares of the firm’s stock in a transaction on Monday, November 5th. The stock was sold at an average price of $183.51, for a total value of $41,289.75. Following the completion of the transaction, the senior vice president now directly owns 306 shares of the company’s stock, valued at $56,154.06. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.20% of the stock is owned by company insiders.

Shares of SPGI stock opened at $175.50 on Wednesday. The firm has a market capitalization of $44.48 billion, a P/E ratio of 25.47, a PEG ratio of 1.45 and a beta of 1.18. S&P Global Inc has a one year low of $162.19 and a one year high of $217.31. The company has a debt-to-equity ratio of 3.82, a current ratio of 1.44 and a quick ratio of 1.44.

S&P Global (NYSE:SPGI) last issued its earnings results on Thursday, October 25th. The business services provider reported $2.11 EPS for the quarter, topping the consensus estimate of $2.01 by $0.10. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.58 billion. S&P Global had a return on equity of 340.41% and a net margin of 27.10%. As a group, sell-side analysts predict that S&P Global Inc will post 8.52 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 12th. Investors of record on Wednesday, November 28th will be given a $0.50 dividend. The ex-dividend date is Tuesday, November 27th. This represents a $2.00 annualized dividend and a yield of 1.14%. S&P Global’s dividend payout ratio (DPR) is currently 29.03%.

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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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