S&P Global Inc. (NYSE:SPGI) Shares Purchased by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC raised its stake in shares of S&P Global Inc. (NYSE:SPGI) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 838 shares of the business services provider’s stock after buying an additional 29 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in S&P Global were worth $419,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. HWG Holdings LP purchased a new stake in S&P Global during the 2nd quarter worth about $27,000. Northwest Investment Counselors LLC acquired a new stake in shares of S&P Global during the 3rd quarter worth about $27,000. First Personal Financial Services purchased a new stake in shares of S&P Global during the third quarter worth about $29,000. Capital Performance Advisors LLP acquired a new position in shares of S&P Global in the third quarter valued at approximately $31,000. Finally, Voisard Asset Management Group Inc. lifted its stake in shares of S&P Global by 77.1% during the third quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock valued at $32,000 after buying an additional 27 shares during the period. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SPGI. UBS Group boosted their price target on S&P Global from $605.00 to $610.00 and gave the company a “buy” rating in a report on Friday, October 25th. Morgan Stanley increased their target price on S&P Global from $570.00 to $595.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Stifel Nicolaus upped their price objective on shares of S&P Global from $540.00 to $560.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Robert W. Baird increased their price target on shares of S&P Global from $536.00 to $575.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. lowered their price target on S&P Global from $600.00 to $585.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Two research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $584.54.

S&P Global Price Performance

Shares of NYSE SPGI opened at $520.75 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33. The business has a 50 day moving average price of $505.03 and a two-hundred day moving average price of $503.35. The firm has a market cap of $161.59 billion, a PE ratio of 45.96, a price-to-earnings-growth ratio of 2.36 and a beta of 1.20. S&P Global Inc. has a fifty-two week low of $407.69 and a fifty-two week high of $533.29.

About S&P Global

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.