2 weeks Ago By Defense World Staff
Oppenheimer & Co. Inc. grew its position in shares of S&P Global Inc.
( NYSE:SPGI – Free Report ) by 13.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,056 shares of the business services provider’s stock after purchasing an additional 487 shares during the quarter.
Oppenheimer & Co. Inc.’s holdings in S&P Global were worth $1,809,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the company. Gilbert & Cook Inc. grew its position in shares of S&P Global by 7.
8% during the 4th quarter. Gilbert & Cook Inc. now owns 1,152 shares of the business services provider’s stock worth $507,000 after buying an additional 83 shares during the period.
Aveo Capital Partners LLC acquired a new stake in shares of S&P Global during the 4th quarter worth approximately $215,000. 9258 Wealth Management LLC grew its position in shares of S&P Global by 30.4% during the 4th quarter.
9258 Wealth Management LLC now owns 1,758 shares of the business services provider’s stock worth $774,000 after buying an additional 410 shares during the period. Gryphon Financial Partners LLC grew its position in shares of S&P Global by 75.7% during the 4th quarter.
Gryphon Financial Partners LLC now owns 2,354 shares of the business services provider’s stock worth $1,018,000 after buying an additional 1,014 shares during the period. Finally, Gladstone Institutional Advisory LLC grew its position in shares of S&P Global by 13.2% during the 4th quarter.
Gladstone Institutional Advisory LLC now owns 936 shares of the business services provider’s stock worth $412,000 after buying an additional 109 shares during the period. Institutional investors own 87.17% of the company’s stock.
Insider Transactions at S&P Global In related news, Director Robert P. Kelly sold 7,662 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $481.
28, for a total value of $3,687,567.36. Following the sale, the director now directly owns 15,830 shares in the company, valued at approximately $7,618,662.
40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . In related news, Director Robert P.
Kelly sold 7,662 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $481.28, for a total value of $3,687,567.
36. Following the sale, the director now directly owns 15,830 shares in the company, valued at approximately $7,618,662.40.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . Also, CEO Douglas L. Peterson sold 7,000 shares of the business’s stock in a transaction dated Friday, August 2nd.
The shares were sold at an average price of $483.60, for a total value of $3,385,200.00.
Following the completion of the sale, the chief executive officer now owns 154,912 shares in the company, valued at $74,915,443.20. The disclosure for this sale can be found here .
Insiders have sold 17,862 shares of company stock worth $8,645,727 in the last ninety days. Company insiders own 0.10% of the company’s stock.
Analyst Ratings Changes Check Out Our Latest Stock Analysis on S&P Global S&P Global Price Performance SPGI opened at $522.41 on Wednesday. The company has a market capitalization of $163.
46 billion, a price-to-earnings ratio of 58.57, a P/E/G ratio of 2.68 and a beta of 1.
17. S&P Global Inc. has a 1 year low of $340.
49 and a 1 year high of $528.02. The company has a debt-to-equity ratio of 0.
33, a current ratio of 1.03 and a quick ratio of 1.03.
The firm’s fifty day moving average price is $496.16 and its two-hundred day moving average price is $453.28.
S&P Global ( NYSE:SPGI – Get Free Report ) last released its earnings results on Tuesday, July 30th. The business services provider reported $4.04 EPS for the quarter, topping analysts’ consensus estimates of $3.
67 by $0.37. The company had revenue of $3.
55 billion for the quarter, compared to analysts’ expectations of $3.42 billion. S&P Global had a return on equity of 13.
03% and a net margin of 25.03%. The business’s revenue for the quarter was up 14.
4% compared to the same quarter last year. During the same period in the previous year, the business posted $3.12 EPS.
As a group, analysts anticipate that S&P Global Inc. will post 14.58 earnings per share for the current fiscal year.
S&P Global Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 11th. Stockholders of record on Tuesday, August 27th were paid a dividend of $0.91 per share.
This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.70%.
The ex-dividend date of this dividend was Tuesday, August 27th. S&P Global’s payout ratio is 40.81%.
About S&P Global ( Free Report ) 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. Featured Stories Five stocks we like better than S&P Global Differences Between Momentum Investing and Long Term Investing Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? Stock Ratings and Recommendations: Understanding Analyst Ratings Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge 3 REITs to Buy and Hold for the Long Term Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker 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.
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