McGraw Hill Financial Inc (MHFI) : Pensionfund Sabic reduced its stake in McGraw Hill Financial Inc by 19.57% during the most recent quarter end. The investment management company now holds a total of 18,500 shares of McGraw Hill Financial Inc which is valued at $1.8 Million after selling 4,500 shares in McGraw Hill Financial Inc according to a report filed by the company on Apr 4, 2016 with the SEC.McGraw Hill Financial Inc makes up approximately 0.55% of Pensionfund Sabic’s portfolio.
Other Hedge Funds, Including , Pensionfund Dsm Netherlands reduced its stake in MHFI by selling 8,500 shares or 17.35% in the most recent quarter. The Hedge Fund company now holds 40,500 shares of MHFI which is valued at $3.9 Million. McGraw Hill Financial Inc makes up approx 0.53% of Pensionfund Dsm Netherlands’s portfolio.
On the company’s financial health, McGraw Hill Financial Inc reported $0.91 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Feb 4, 2016. Analyst had a consensus of $1.01. The company had revenue of $1374.00 million for the quarter, compared to analysts expectations of $1380.83 million. The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS.
Many Wall Street Analysts have commented on McGraw Hill Financial Inc. Shares were Reiterated by FBR Capital on Feb 5, 2016 to “Outperform” and Lowered the Price Target to $ 106 from a previous price target of $111 .
McGraw Hill Financial Inc closed down -0.64 points or -0.66% at $96.59 with 5,43,461 shares getting traded on Monday. Post opening the session at $97.86, the shares hit an intraday low of $96.55 and an intraday high of $98.28 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
McGraw Hill Financial Inc. is a benchmarks and ratings analytics data and research provider serving the global capital commodities and commercial markets. The Company operate in four business segments: S&P Ratings which provides credit ratings research and analytics offering investors and market participants information ratings and benchmarks; S&P Capital IQ which provides multi-asset-class data research and analytical capabilities which integrate cross-asset analytics and desktop services; S&P Dow Jones Indices which is a global index provider that maintains a range of valuation and index benchmarks for investment advisors wealth managers and institutional investors and Commodities & Commercial which consists of business-to-business companies focused on commercial and commodities markets that deliver their customers access to information data analytic services and pricing and quality benchmarks.