Signaturefd LLC acquired a new position in shares of S&P Global Inc (NYSE:SPGI) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,206 shares of the business services provider’s stock, valued at approximately $204,000.
Several other large investors have also modified their holdings of the stock. Virtu Financial LLC increased its position in shares of S&P Global by 18.4% during the 4th quarter. Virtu Financial LLC now owns 1,837 shares of the business services provider’s stock worth $311,000 after purchasing an additional 286 shares during the last quarter. HAP Trading LLC increased its position in shares of S&P Global by 1.4% during the 4th quarter. HAP Trading LLC now owns 21,653 shares of the business services provider’s stock worth $3,668,000 after purchasing an additional 291 shares during the last quarter. San Francisco Sentry Investment Group CA increased its position in shares of S&P Global by 26.3% during the 4th quarter. San Francisco Sentry Investment Group CA now owns 1,465 shares of the business services provider’s stock worth $248,000 after purchasing an additional 305 shares during the last quarter. Advisor Group Inc. increased its position in shares of S&P Global by 19.1% during the 3rd quarter. Advisor Group Inc. now owns 2,123 shares of the business services provider’s stock worth $331,000 after purchasing an additional 341 shares during the last quarter. Finally, Bronfman E.L. Rothschild L.P. increased its position in shares of S&P Global by 89.8% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 837 shares of the business services provider’s stock worth $142,000 after purchasing an additional 396 shares during the last quarter. 85.65% of the stock is owned by hedge funds and other institutional investors.
A number of analysts recently issued reports on SPGI shares. Zacks Investment Research raised S&P Global from a “hold” rating to a “buy” rating and set a $204.00 price objective for the company in a research report on Tuesday, January 23rd. Argus raised their price objective on S&P Global to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. Morgan Stanley raised their price objective on S&P Global from $192.00 to $198.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 7th. Stifel Nicolaus started coverage on S&P Global in a report on Tuesday, December 19th. They set a “hold” rating and a $186.00 target price for the company. Finally, ValuEngine cut S&P Global from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Eight equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $190.36.
In other news, insider John L. Berisford sold 15,902 shares of S&P Global stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $192.19, for a total value of $3,056,205.38. Following the completion of the transaction, the insider now owns 25,455 shares in the company, valued at approximately $4,892,196.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas L. Peterson sold 4,000 shares of S&P Global stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $187.30, for a total value of $749,200.00. Following the completion of the transaction, the chief executive officer now owns 145,850 shares of the company’s stock, valued at approximately $27,317,705. The disclosure for this sale can be found here. Insiders sold a total of 20,792 shares of company stock valued at $3,973,197 in the last quarter. Company insiders own 0.20% of the company’s stock.
Shares of S&P Global Inc (NYSE SPGI) traded down $3.18 during trading on Wednesday, reaching $192.71. The company had a trading volume of 586,486 shares, compared to its average volume of 1,380,668. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 4.13. The stock has a market cap of $49,754.25, a PE ratio of 33.40, a price-to-earnings-growth ratio of 1.59 and a beta of 1.41. S&P Global Inc has a 12 month low of $127.28 and a 12 month high of $197.76.
S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, February 6th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.22. The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.50 billion. S&P Global had a return on equity of 199.44% and a net margin of 24.69%. The business’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.28 EPS. equities research analysts anticipate that S&P Global Inc will post 8.52 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 12th. Stockholders of record on Monday, February 26th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend was Friday, February 23rd. This is a boost from S&P Global’s previous quarterly dividend of $0.41. S&P Global’s dividend payout ratio (DPR) is presently 34.60%.
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S&P Global Company Profile
S&P Global Inc, formerly McGraw Hill Financial Inc, is a provider of ratings, benchmarks, analytics and data to the capital and commodity markets around the world. The Company operates through three segments: Ratings, which provides credit ratings, research and analytics to investors, issuers and other market participants; Market and Commodities Intelligence, which offers multi-asset-class data, research and analytical capabilities that integrate cross-asset analytics and desktop services, and deliver their customers in the commodity and energy markets access to information, data, analytic services and pricing and benchmarks, and S&P Dow Jones Indices (Indices), which is an index provider that maintains a range of valuation and index benchmarks for investment advisors, wealth managers and institutional investors.
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