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Cypress Funds LLC Has $44.22 Million Stake in S&P Global Inc. $SPGI
Cypress Funds LLC reduced its stake in S&P Global Inc. by 19.9% in the fourth quarter, selling 21,005 shares and now holding 84,608 shares valued at $44.22 million. S&P Global reported Q4 EPS of $4.30 and revenue of $3.92 billion, missing EPS estimates slightly but exceeding revenue expectations, and also increased its quarterly dividend. The company maintains a consensus “Buy” rating from analysts with a target price of $563.53.