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Advisors Asset Management boosted its S&P Global stake, as the company beat earnings expectations.
Advisors Asset Management Inc. increased its stake in S&P Global Inc. by 2.4% in the fourth quarter, now owning 20,887 shares worth $10.4 million.
S&P Global reported earnings per share of $3.77 for the quarter, exceeding analysts' expectations by $0.36.
The stock, trading at $490.26, has a market cap of $150.9 billion and is rated as a "Moderate Buy" with a target price of $590.86.
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Advisors Asset Management impulsó su participación en S&P Global, ya que la compañía superó las expectativas de ganancias.