S&P Global Inc. (NYSE:SPGI) Shares Acquired by Capital Analysts LLC

Capital Analysts LLC boosted its position in S&P Global Inc. (NYSE:SPGI) by 856.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,391 shares of the business services provider’s stock after acquiring an additional 23,632 shares during the quarter. Capital Analysts LLC’s holdings in S&P Global were worth $13,143,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Nordea Investment Management AB lifted its position in shares of S&P Global by 52.0% during the 4th quarter. Nordea Investment Management AB now owns 658,766 shares of the business services provider’s stock worth $328,632,000 after purchasing an additional 225,370 shares during the last quarter. Eastern Bank raised its stake in S&P Global by 3.1% in the fourth quarter. Eastern Bank now owns 50,157 shares of the business services provider’s stock valued at $24,980,000 after buying an additional 1,530 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in S&P Global by 19.1% during the 4th quarter. Wealthfront Advisers LLC now owns 37,746 shares of the business services provider’s stock worth $18,799,000 after buying an additional 6,051 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new position in shares of S&P Global during the 3rd quarter worth about $27,170,000. Finally, American Trust increased its holdings in shares of S&P Global by 76.2% in the 3rd quarter. American Trust now owns 2,518 shares of the business services provider’s stock valued at $1,301,000 after acquiring an additional 1,089 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Oppenheimer decreased their target price on S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. StockNews.com downgraded shares of S&P Global from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. UBS Group increased their target price on shares of S&P Global from $610.00 to $640.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. BMO Capital Markets boosted their price target on shares of S&P Global from $576.00 to $590.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. Finally, Evercore ISI upped their price objective on shares of S&P Global from $599.00 to $608.00 and gave the company an “outperform” rating in a research note on Wednesday, February 12th. Two analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $591.86.

S&P Global Stock Performance

Shares of SPGI opened at $480.33 on Friday. The stock has a market capitalization of $150.75 billion, a P/E ratio of 38.89, a P/E/G ratio of 2.41 and a beta of 1.26. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. S&P Global Inc. has a 1 year low of $408.84 and a 1 year high of $545.39. The company’s fifty day moving average is $492.37 and its two-hundred day moving average is $503.10.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share for the quarter, beating the consensus estimate of $3.41 by $0.36. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. During the same period in the prior year, the business earned $3.13 EPS. On average, sell-side analysts predict that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were issued a $0.96 dividend. This is a boost from S&P Global’s previous quarterly dividend of $0.91. This represents a $3.84 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend was Wednesday, February 26th. S&P Global’s dividend payout ratio (DPR) is currently 31.09%.

S&P Global Profile

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.