Buttonwood Financial Advisors Inc. Has $681,000 Stock Holdings in S&P Global Inc. (NYSE:SPGI)

Buttonwood Financial Advisors Inc. lessened its position in S&P Global Inc. (NYSE:SPGI) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,368 shares of the business services provider’s stock after selling 21 shares during the period. Buttonwood Financial Advisors Inc.’s holdings in S&P Global were worth $681,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC increased its holdings in shares of S&P Global by 174,815.4% in the third quarter. International Assets Investment Management LLC now owns 467,024 shares of the business services provider’s stock worth $241,274,000 after acquiring an additional 466,757 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of S&P Global in the third quarter valued at about $224,976,000. FMR LLC raised its holdings in S&P Global by 6.6% during the third quarter. FMR LLC now owns 5,965,369 shares of the business services provider’s stock worth $3,081,830,000 after acquiring an additional 369,598 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in S&P Global in the fourth quarter valued at approximately $144,091,000. Finally, Wellington Management Group LLP increased its position in shares of S&P Global by 3.4% during the 3rd quarter. Wellington Management Group LLP now owns 8,868,375 shares of the business services provider’s stock worth $4,581,580,000 after purchasing an additional 292,436 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Stock Performance

Shares of NYSE:SPGI opened at $513.64 on Monday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33. S&P Global Inc. has a 12-month low of $407.69 and a 12-month high of $533.29. The company’s 50 day moving average price is $505.03 and its two-hundred day moving average price is $503.35. The firm has a market cap of $159.38 billion, a PE ratio of 45.33, a PEG ratio of 2.36 and a beta of 1.20.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Thursday, October 24th. The business services provider reported $3.89 earnings per share for the quarter, beating the consensus estimate of $3.64 by $0.25. S&P Global had a return on equity of 13.72% and a net margin of 25.80%. The firm had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.43 billion. During the same period in the previous year, the firm earned $3.21 EPS. The company’s quarterly revenue was up 15.9% compared to the same quarter last year. Equities research analysts predict that S&P Global Inc. will post 15.33 earnings per share for the current year.

Analyst Upgrades and Downgrades

SPGI has been the subject of several analyst reports. Citigroup assumed coverage on shares of S&P Global in a research note on Friday, December 20th. They issued a “buy” rating and a $600.00 target price for the company. Wells Fargo & Company lowered their price objective on shares of S&P Global from $620.00 to $617.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. JPMorgan Chase & Co. cut their target price on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Evercore ISI began coverage on S&P Global in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $599.00 price target on the stock. Finally, Robert W. Baird raised their price objective on S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $584.54.

S&P Global 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.