Bank of New Hampshire Sells 68 Shares of S&P Global Inc. (NYSE:SPGI)

Bank of New Hampshire trimmed its position in shares of S&P Global Inc. (NYSE:SPGI) by 15.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 365 shares of the business services provider’s stock after selling 68 shares during the period. Bank of New Hampshire’s holdings in S&P Global were worth $182,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. First National Corp MA ADV increased its stake in S&P Global by 0.9% in the third quarter. First National Corp MA ADV now owns 2,344 shares of the business services provider’s stock valued at $1,211,000 after acquiring an additional 20 shares during the period. Kathleen S. Wright Associates Inc. grew its stake in shares of S&P Global by 25.0% in the 3rd quarter. Kathleen S. Wright Associates Inc. now owns 100 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 20 shares during the period. Trust Point Inc. raised its holdings in shares of S&P Global by 1.4% in the 3rd quarter. Trust Point Inc. now owns 1,404 shares of the business services provider’s stock worth $725,000 after buying an additional 20 shares in the last quarter. Headinvest LLC lifted its position in shares of S&P Global by 2.0% during the 3rd quarter. Headinvest LLC now owns 997 shares of the business services provider’s stock worth $515,000 after buying an additional 20 shares during the period. Finally, EWA LLC lifted its position in shares of S&P Global by 4.2% during the 3rd quarter. EWA LLC now owns 498 shares of the business services provider’s stock worth $254,000 after buying an additional 20 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on SPGI. Citigroup initiated coverage on S&P Global in a research note on Friday, December 20th. They set a “buy” rating and a $600.00 price objective for the company. Barclays increased their target price on shares of S&P Global from $550.00 to $610.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Morgan Stanley upped their price objective on shares of S&P Global from $570.00 to $595.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. UBS Group boosted their target price on S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, BMO Capital Markets decreased their price target on S&P Global from $589.00 to $564.00 and set an “outperform” rating on the stock 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 MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $574.43.

S&P Global Stock Performance

S&P Global stock opened at $491.44 on Wednesday. The company has a market cap of $152.49 billion, a PE ratio of 43.38, a PEG ratio of 2.53 and a beta of 1.20. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.33. S&P Global Inc. has a 1 year low of $407.69 and a 1 year high of $533.29. The company’s 50-day moving average is $504.15 and its two-hundred day moving average is $498.95.

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. The business had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.43 billion. S&P Global had a net margin of 25.80% and a return on equity of 13.72%. S&P Global’s revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the business posted $3.21 earnings per share. Equities analysts anticipate that S&P Global Inc. will post 15.24 earnings per share for the current year.

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.