Cercano Management LLC has significantly reduced its stake in S&P Global Inc., selling 43,313 shares, which represents a 45.4% decrease and leaves them with 52,035 shares valued at approximately $25.33 million. Despite several analysts cutting their price targets for SPGI, the consensus rating remains a “Buy” with an average target price of $566.33. S&P Global recently reported a slight miss on quarterly EPS but saw revenue increase by 9% year-over-year, and has raised its quarterly dividend to $0.97 per share.
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Cercano Management LLC Sells 43,313 Shares of S&P Global Inc. $SPGI
Cercano Management LLC has significantly reduced its stake in S&P Global Inc., selling 43,313 shares, which represents a 45.4% decrease and leaves them with 52,035 shares valued at approximately $25.33 million. Despite several analysts cutting their price targets for SPGI, the consensus rating remains a “Buy” with an average target price of $566.33. S&P Global recently reported a slight miss on quarterly EPS but saw revenue increase by 9% year-over-year, and has raised its quarterly dividend to $0.97 per share.