Bailard Inc. Has $13.10 Million Holdings in S&P Global Inc. (NYSE:SPGI)

Bailard Inc. increased its holdings in S&P Global Inc. (NYSE:SPGI) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,732 shares of the business services provider’s stock after buying an additional 759 shares during the period. Bailard Inc.’s holdings in S&P Global were worth $13,098,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPGI. Kathleen S. Wright Associates Inc. acquired a new stake in shares of S&P Global in the third quarter valued at approximately $25,000. Valued Wealth Advisors LLC bought a new position in S&P Global in the fourth quarter valued at approximately $28,000. Oliver Lagore Vanvalin Investment Group increased its stake in S&P Global by 64.1% in the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 64 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 25 shares during the last quarter. Fortis Group Advisors LLC bought a new position in S&P Global in the third quarter valued at approximately $33,000. Finally, LFA Lugano Financial Advisors SA increased its stake in S&P Global by 200.0% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 75 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 50 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Trading Up 0.0 %

SPGI traded up $0.02 during trading on Wednesday, reaching $413.28. 3,127,444 shares of the stock traded hands, compared to its average volume of 1,345,383. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $132.36 billion, a PE ratio of 50.22, a P/E/G ratio of 2.34 and a beta of 1.15. The stock’s 50-day moving average is $424.13 and its 200 day moving average is $417.08. S&P Global Inc. has a 12 month low of $338.92 and a 12 month high of $461.16.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Thursday, February 8th. The business services provider reported $3.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.15 by ($0.02). The company had revenue of $3.15 billion for the quarter, compared to the consensus estimate of $3.13 billion. S&P Global had a return on equity of 11.34% and a net margin of 21.02%. S&P Global’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period last year, the company earned $2.54 EPS. Equities analysts anticipate that S&P Global Inc. will post 14.11 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on SPGI shares. BMO Capital Markets lifted their price objective on shares of S&P Global from $480.00 to $483.00 and gave the company an “outperform” rating in a research note on Monday, April 1st. Erste Group Bank reissued a “hold” rating on shares of S&P Global in a research note on Wednesday, April 3rd. Raymond James lifted their price objective on shares of S&P Global from $422.00 to $452.00 and gave the company an “outperform” rating in a research note on Tuesday, January 9th. Stifel Nicolaus decreased their price objective on shares of S&P Global from $460.00 to $442.00 and set a “buy” rating on the stock in a research note on Thursday, April 18th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 target price on shares of S&P Global in a research note on Friday, February 9th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $462.00.

Insider Activity at S&P Global

In other S&P Global news, CEO Douglas L. Peterson sold 6,000 shares of the stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $424.74, for a total value of $2,548,440.00. Following the completion of the sale, the chief executive officer now owns 162,530 shares in the company, valued at approximately $69,032,992.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.10% of the stock is owned by insiders.

S&P Global Profile

S&P Global Inc, together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates through S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, S&P Dow Jones Indices, and S&P Global Engineering Solutions segments.