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

Buttonwood Financial Advisors Inc. reduced its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 1.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,368 shares of the business services provider’s stock after selling 21 shares during the quarter. Buttonwood Financial Advisors Inc.’s holdings in S&P Global were worth $681,000 at the end of the most recent reporting period.

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

S&P Global Price Performance

Shares of SPGI opened at $513.64 on Monday. The firm has a market cap of $159.38 billion, a PE ratio of 45.33, a price-to-earnings-growth ratio of 2.36 and a beta of 1.20. S&P Global Inc. has a 52-week low of $407.69 and a 52-week high of $533.29. The business’s 50 day moving average price is $505.03 and its two-hundred day moving average price is $503.35. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.94 and a current ratio of 0.94.

S&P Global (NYSE:SPGI) last released its earnings results on Thursday, October 24th. The business services provider reported $3.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.64 by $0.25. The company had revenue of $3.58 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.21 EPS. On average, equities analysts anticipate that S&P Global Inc. will post 15.33 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on SPGI shares. JPMorgan Chase & Co. lowered their target price on S&P Global from $600.00 to $585.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Wells Fargo & Company dropped their price objective on shares of S&P Global from $620.00 to $617.00 and set an “overweight” rating for the company in a report on Friday, January 10th. UBS Group lifted their target price on shares of S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Citigroup began coverage on shares of S&P Global in a research report on Friday, December 20th. They issued a “buy” rating and a $600.00 price target for the company. Finally, Stifel Nicolaus lifted their price target on shares of S&P Global from $540.00 to $560.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Two analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, S&P Global presently has a consensus rating of “Moderate Buy” and an average price target of $584.54.

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.