HighTower Advisors LLC has reduced its stake in S&P Global Inc. (NYSE:SPGI) by selling 4,769 shares, now owning 161,470 shares valued at approximately $78.6 million. S&P Global recently reported quarterly earnings, missing analyst EPS estimates slightly but showing a 9% revenue increase, and raised its quarterly dividend to $0.97 per share. Analysts generally rate S&P Global as a “Buy” with an average target price of $576.38, despite recent price target cuts from some firms.
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HighTower Advisors LLC Sells 4,769 Shares of S&P Global Inc. $SPGI
HighTower Advisors LLC has reduced its stake in S&P Global Inc. (NYSE:SPGI) by selling 4,769 shares, now owning 161,470 shares valued at approximately $78.6 million. S&P Global recently reported quarterly earnings, missing analyst EPS estimates slightly but showing a 9% revenue increase, and raised its quarterly dividend to $0.97 per share. Analysts generally rate S&P Global as a “Buy” with an average target price of $576.38, despite recent price target cuts from some firms.