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Bokf Na Trims Stake in S&P Global Inc. $SPGI
Bokf Na reduced its stake in S&P Global Inc. (SPGI) by 11.4% in the fourth quarter, selling 2,563 shares and retaining 19,822 shares valued at over $10 million. Despite this trimming, S&P Global reported stronger-than-expected Q1 earnings, with EPS of $4.97 against an estimate of $4.82 and revenue of $4.17 billion, exceeding analyst predictions. The company’s positive outlook is further supported by insider buying from its CEO and a director, as well as several analysts maintaining “Buy” or “Outperform” ratings with price targets around $550.