Aperio Group LLC Has $33.55 Million Stake in S&P Global Inc (SPGI)

Aperio Group LLC grew its position in S&P Global Inc (NYSE:SPGI) by 1.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 171,706 shares of the business services provider’s stock after acquiring an additional 1,940 shares during the period. Aperio Group LLC owned about 0.07% of S&P Global worth $33,550,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Gulf International Bank UK Ltd raised its position in S&P Global by 0.3% during the second quarter. Gulf International Bank UK Ltd now owns 80,871 shares of the business services provider’s stock worth $16,488,000 after acquiring an additional 250 shares during the last quarter. IFP Advisors Inc raised its position in S&P Global by 10.8% during the second quarter. IFP Advisors Inc now owns 2,676 shares of the business services provider’s stock worth $546,000 after acquiring an additional 261 shares during the last quarter. BB&T Securities LLC raised its position in S&P Global by 6.0% during the second quarter. BB&T Securities LLC now owns 5,252 shares of the business services provider’s stock worth $1,071,000 after acquiring an additional 298 shares during the last quarter. GHP Investment Advisors Inc. raised its position in S&P Global by 3.1% during the third quarter. GHP Investment Advisors Inc. now owns 9,768 shares of the business services provider’s stock worth $1,909,000 after acquiring an additional 298 shares during the last quarter. Finally, Intrust Bank NA raised its position in S&P Global by 9.0% during the second quarter. Intrust Bank NA now owns 3,611 shares of the business services provider’s stock worth $736,000 after acquiring an additional 299 shares during the last quarter. 83.49% of the stock is currently owned by hedge funds and other institutional investors.

In other news, SVP Nancy Luquette sold 350 shares of the business’s stock in a transaction that occurred on Wednesday, August 22nd. The shares were sold at an average price of $203.35, for a total value of $71,172.50. Following the completion of the transaction, the senior vice president now owns 531 shares of the company’s stock, valued at $107,978.85. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Douglas L. Peterson sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of $201.27, for a total transaction of $805,080.00. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.

NYSE:SPGI opened at $188.34 on Friday. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 5.75. The company has a market capitalization of $47.01 billion, a PE ratio of 27.34, a PEG ratio of 1.54 and a beta of 1.19. S&P Global Inc has a 1-year low of $153.25 and a 1-year high of $217.31.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Thursday, July 26th. The business services provider reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.13 by $0.04. The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.60 billion. S&P Global had a net margin of 25.95% and a return on equity of 333.87%. The company’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.72 earnings per share. Research analysts anticipate that S&P Global Inc will post 8.48 earnings per share for the current fiscal year.

A number of equities analysts have issued reports on the stock. Morgan Stanley set a $204.00 target price on shares of S&P Global and gave the stock a “hold” rating in a research report on Thursday, October 11th. ValuEngine cut shares of S&P Global from a “buy” rating to a “hold” rating in a research report on Tuesday, October 9th. Zacks Investment Research upgraded shares of S&P Global from a “sell” rating to a “hold” rating in a research report on Friday, October 5th. UBS Group cut their target price on shares of 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. Finally, Atlantic Securities cut shares of S&P Global from an “overweight” rating to a “neutral” rating in a research report on Wednesday, August 1st. Nine analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $208.15.

S&P Global Profile

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.

See Also: Marijuana Stocks Investing Considerations

Institutional Ownership by Quarter for S&P Global (NYSE:SPGI)

Receive News & Ratings for S&P Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&P Global and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply