Camrose Capital Investment Partners LLP Has $37.39 Million Stake in S&P Global Inc. $SPGI

Camrose Capital Investment Partners LLP boosted its position in shares of S&P Global Inc. (NYSE:SPGI) by 33.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 70,905 shares of the business services provider’s stock after buying an additional 17,916 shares during the quarter. S&P Global accounts for approximately 9.4% of Camrose Capital Investment Partners LLP’s investment portfolio, making the stock its 9th largest position. Camrose Capital Investment Partners LLP’s holdings in S&P Global were worth $37,387,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SPGI. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of S&P Global during the 2nd quarter worth about $26,000. MTM Investment Management LLC purchased a new stake in S&P Global in the 2nd quarter worth about $27,000. CBIZ Investment Advisory Services LLC lifted its stake in S&P Global by 103.3% in the first quarter. CBIZ Investment Advisory Services LLC now owns 61 shares of the business services provider’s stock worth $31,000 after purchasing an additional 31 shares during the last quarter. eCIO Inc. purchased a new position in shares of S&P Global during the first quarter valued at approximately $32,000. Finally, Activest Wealth Management boosted its position in shares of S&P Global by 3,250.0% during the first quarter. Activest Wealth Management now owns 67 shares of the business services provider’s stock valued at $34,000 after buying an additional 65 shares during the period. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Price Performance

Shares of SPGI stock opened at $498.37 on Monday. S&P Global Inc. has a twelve month low of $427.14 and a twelve month high of $579.05. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.34. The stock has a fifty day simple moving average of $489.02 and a two-hundred day simple moving average of $515.29. The stock has a market capitalization of $150.91 billion, a price-to-earnings ratio of 36.24, a P/E/G ratio of 2.59 and a beta of 1.19.

S&P Global (NYSE:SPGI) last announced its quarterly earnings results on Monday, February 28th. The business services provider reported $2.33 EPS for the quarter. S&P Global had a return on equity of 15.90% and a net margin of 28.10%.The firm had revenue of $1.87 billion for the quarter. On average, analysts predict that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 25th will be issued a $0.96 dividend. The ex-dividend date is Tuesday, November 25th. This represents a $3.84 annualized dividend and a dividend yield of 0.8%. S&P Global’s payout ratio is currently 27.93%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SPGI. William Blair reiterated an “outperform” rating on shares of S&P Global in a report on Monday, November 17th. Seaport Res Ptn upgraded S&P Global to a “strong-buy” rating in a research note on Wednesday, October 1st. Evercore ISI boosted their target price on shares of S&P Global from $619.00 to $629.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Wells Fargo & Company upped their price target on shares of S&P Global from $660.00 to $661.00 and gave the stock an “overweight” rating in a report on Friday, September 19th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of S&P Global in a report on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $613.00.

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.