S&P Global Inc. (NYSE:SPGI) Shares Bought by Savant Capital LLC

Savant Capital LLC increased its stake in S&P Global Inc. (NYSE:SPGI) by 19.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,406 shares of the business services provider’s stock after acquiring an additional 865 shares during the quarter. Savant Capital LLC’s holdings in S&P Global were worth $2,692,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Exchange Traded Concepts LLC lifted its position in shares of S&P Global by 163.5% in the 3rd quarter. Exchange Traded Concepts LLC now owns 224 shares of the business services provider’s stock valued at $116,000 after acquiring an additional 139 shares in the last quarter. Koshinski Asset Management Inc. acquired a new stake in S&P Global during the 3rd quarter valued at $216,000. Wedge Capital Management L L P NC purchased a new stake in shares of S&P Global in the third quarter valued at $263,000. Creative Planning boosted its position in shares of S&P Global by 13.0% in the third quarter. Creative Planning now owns 51,561 shares of the business services provider’s stock worth $26,638,000 after buying an additional 5,913 shares during the period. Finally, Swedbank AB grew its holdings in shares of S&P Global by 11.8% during the third quarter. Swedbank AB now owns 871,588 shares of the business services provider’s stock valued at $450,280,000 after buying an additional 92,115 shares in the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SPGI has been the subject of a number of research reports. Wells Fargo & Company raised their price objective on S&P Global from $617.00 to $633.00 and gave the stock an “overweight” rating in a research report on Wednesday. Stifel Nicolaus raised their price target on shares of S&P Global from $540.00 to $560.00 and gave the stock a “buy” rating in a report on Monday, October 28th. UBS Group boosted their price objective on shares of S&P Global from $605.00 to $610.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Evercore ISI increased their target price on shares of S&P Global from $599.00 to $608.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Robert W. Baird boosted their price target on shares of S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $586.85.

S&P Global Trading Down 1.8 %

Shares of SPGI opened at $530.93 on Thursday. The stock’s 50-day moving average price is $506.13 and its 200 day moving average price is $506.36. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $164.75 billion, a price-to-earnings ratio of 46.86, a P/E/G ratio of 2.39 and a beta of 1.20. S&P Global Inc. has a 12-month low of $407.69 and a 12-month high of $542.00.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.41 by $0.36. S&P Global had a return on equity of 13.72% and a net margin of 25.80%. During the same quarter in the previous year, the firm earned $3.13 EPS. As a group, research analysts predict that S&P Global Inc. will post 15.34 earnings per share for the current year.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th will be paid a $0.96 dividend. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. This represents a $3.84 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Wednesday, February 26th. S&P Global’s dividend payout ratio is currently 32.13%.

S&P Global Company 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.