Lebenthal Global Advisors LLC Acquires 363 Shares of S&P Global Inc. (NYSE:SPGI)

Lebenthal Global Advisors LLC raised its holdings in S&P Global Inc. (NYSE:SPGI) by 16.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,635 shares of the business services provider’s stock after acquiring an additional 363 shares during the period. Lebenthal Global Advisors LLC’s holdings in S&P Global were worth $1,312,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in SPGI. Northwest Investment Counselors LLC acquired a new stake in shares of S&P Global in the third quarter worth $27,000. First Personal Financial Services bought a new stake in S&P Global in the 3rd quarter valued at $29,000. Capital Performance Advisors LLP acquired a new stake in S&P Global in the 3rd quarter worth $31,000. HWG Holdings LP bought a new position in shares of S&P Global during the 2nd quarter worth about $27,000. Finally, Voisard Asset Management Group Inc. raised its position 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 last quarter. 87.17% of the stock is owned by institutional investors.

S&P Global Stock Performance

NYSE SPGI opened at $520.75 on Tuesday. S&P Global Inc. has a 1-year low of $407.69 and a 1-year high of $533.29. The company has a 50 day moving average of $505.03 and a 200-day moving average of $503.35. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.33. The firm has a market cap of $161.59 billion, a price-to-earnings ratio of 45.96, a PEG ratio of 2.36 and a beta of 1.20.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company decreased their target price on S&P Global from $620.00 to $617.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. Robert W. Baird boosted 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. JPMorgan Chase & Co. cut their target price on 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. Morgan Stanley lifted their price target 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. Finally, BMO Capital Markets increased their price objective on shares of S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, the company currently 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.