Riverbridge Partners LLC Has $61.05 Million Holdings in IHS Markit Ltd (NYSE:INFO)
Riverbridge Partners LLC lessened its stake in IHS Markit Ltd (NYSE:INFO) by 40.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 810,186 shares of the business services provider’s stock after selling 539,042 shares during the quarter. Riverbridge Partners LLC owned about 0.20% of IHS Markit worth $61,048,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently bought and sold shares of INFO. Strategic Blueprint LLC acquired a new stake in IHS Markit in the 3rd quarter valued at about $32,000. Quest Capital Management Inc. ADV bought a new position in shares of IHS Markit in the 3rd quarter valued at about $79,000. Cerebellum GP LLC bought a new position in shares of IHS Markit in the 3rd quarter valued at about $80,000. Point72 Hong Kong Ltd bought a new position in shares of IHS Markit in the 2nd quarter valued at about $81,000. Finally, Allred Capital Management LLC bought a new position in shares of IHS Markit in the 4th quarter valued at about $86,000. Hedge funds and other institutional investors own 96.70% of the company’s stock.
In related news, CEO Lance Darrell Gordon Uggla sold 153,808 shares of IHS Markit stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $71.37, for a total transaction of $10,977,276.96. Following the transaction, the chief executive officer now owns 424,158 shares of the company’s stock, valued at approximately $30,272,156.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.11% of the stock is owned by company insiders.
IHS Markit stock traded down $0.87 during midday trading on Tuesday, hitting $79.06. 2,863,700 shares of the stock were exchanged, compared to its average volume of 2,183,689. The company has a fifty day simple moving average of $74.84 and a two-hundred day simple moving average of $68.78. IHS Markit Ltd has a 52 week low of $49.79 and a 52 week high of $79.96. The stock has a market capitalization of $31.38 billion, a PE ratio of 39.93, a P/E/G ratio of 2.73 and a beta of 0.79. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.61.
IHS Markit Profile
IHS Markit Ltd. provides critical information, analytics, and solutions for various industries and markets that drive economies worldwide. The company's information, analytics, and solutions enhance operational efficiency and offer deep insights for customers in business, finance, and government.
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