Osprey Private Wealth LLC Makes New $552,000 Investment in S&P Global Inc. $SPGI

Osprey Private Wealth LLC acquired a new stake in shares of S&P Global Inc. (NYSE:SPGI) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,135 shares of the business services provider’s stock, valued at approximately $552,000.

A number of other large investors also recently modified their holdings of SPGI. Oliver Lagore Vanvalin Investment Group bought a new stake in S&P Global during the 2nd quarter valued at $26,000. MTM Investment Management LLC acquired a new position in shares of S&P Global during the second quarter valued at about $27,000. CBIZ Investment Advisory Services LLC grew its holdings in shares of S&P Global by 103.3% during the first quarter. CBIZ Investment Advisory Services LLC now owns 61 shares of the business services provider’s stock valued at $31,000 after buying an additional 31 shares during the last quarter. eCIO Inc. bought a new stake in shares of S&P Global during the first quarter worth about $32,000. Finally, Spurstone Advisory Services LLC acquired a new stake in shares of S&P Global in the 2nd quarter worth about $34,000. 87.17% of the stock is currently owned by institutional investors.

S&P Global Stock Up 2.0%

Shares of NYSE:SPGI opened at $510.03 on Thursday. S&P Global Inc. has a 1 year low of $427.14 and a 1 year high of $579.05. The company has a market capitalization of $154.44 billion, a PE ratio of 37.09, a price-to-earnings-growth ratio of 2.60 and a beta of 1.19. The business has a fifty day moving average price of $491.50 and a two-hundred day moving average price of $514.45. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.97 and a quick ratio of 0.97.

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on SPGI shares. Citigroup lifted their price target on S&P Global from $600.00 to $635.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Seaport Res Ptn upgraded S&P Global to a “strong-buy” rating in a report on Wednesday, October 1st. Stifel Nicolaus decreased their price target on S&P Global from $625.00 to $599.00 and set a “buy” rating for the company in a report on Friday, October 31st. JPMorgan Chase & Co. lowered their price target on S&P Global from $635.00 to $615.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Finally, The Goldman Sachs Group restated a “buy” rating and set a $640.00 price objective on shares of S&P Global in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating and sixteen have given a Buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $614.93.

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.