S&P Global Inc. (NYSE:SPGI) Shares Bought by Vantage Investment Partners LLC

Vantage Investment Partners LLC raised its position in S&P Global Inc. (NYSE:SPGIFree Report) by 384.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,058 shares of the business services provider’s stock after acquiring an additional 5,602 shares during the quarter. Vantage Investment Partners LLC’s holdings in S&P Global were worth $3,109,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SPGI. Kathleen S. Wright Associates Inc. acquired a new position in S&P Global during the 3rd quarter worth $25,000. Valued Wealth Advisors LLC acquired a new position in shares of S&P Global during the fourth quarter worth about $28,000. Oliver Lagore Vanvalin Investment Group grew its holdings in S&P Global by 64.1% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 64 shares of the business services provider’s stock worth $28,000 after acquiring an additional 25 shares in the last quarter. Harbour Investments Inc. grew its holdings in S&P Global by 45.8% during the 3rd quarter. Harbour Investments Inc. now owns 86 shares of the business services provider’s stock worth $31,000 after acquiring an additional 27 shares in the last quarter. Finally, Fortis Group Advisors LLC acquired a new position in S&P Global during the 3rd quarter worth approximately $33,000. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global Price Performance

Shares of SPGI opened at $412.56 on Friday. S&P Global Inc. has a fifty-two week low of $338.92 and a fifty-two week high of $461.16. The company has a market capitalization of $132.13 billion, a price-to-earnings ratio of 50.13, a price-to-earnings-growth ratio of 2.33 and a beta of 1.15. The firm has a 50-day simple moving average of $424.73 and a 200-day simple moving average of $415.99. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.84 and a current ratio of 0.84.

S&P Global (NYSE:SPGIGet Free Report) last posted its quarterly earnings data on Thursday, February 8th. The business services provider reported $3.13 earnings per share for the quarter, missing analysts’ consensus estimates of $3.15 by ($0.02). S&P Global had a return on equity of 11.34% and a net margin of 21.02%. The company had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.13 billion. During the same period in the previous year, the business posted $2.54 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year. On average, equities research analysts anticipate that S&P Global Inc. will post 14.11 earnings per share for the current year.

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Tuesday, February 27th were issued a dividend of $0.91 per share. The ex-dividend date of this dividend was Monday, February 26th. This is an increase from S&P Global’s previous quarterly dividend of $0.90. This represents a $3.64 annualized dividend and a dividend yield of 0.88%. S&P Global’s dividend payout ratio (DPR) is currently 44.23%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on SPGI shares. Barclays upped their price objective on S&P Global from $500.00 to $520.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price target on shares of S&P Global in a report on Friday, February 9th. Oppenheimer restated an “outperform” rating and issued a $480.00 target price on shares of S&P Global in a report on Tuesday, April 2nd. BMO Capital Markets upped their target price on shares of S&P Global from $480.00 to $483.00 and gave the company an “outperform” rating in a report on Monday, April 1st. Finally, Raymond James upped their target price on shares of S&P Global from $422.00 to $452.00 and gave the company an “outperform” rating in a report on Tuesday, January 9th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $462.00.

View Our Latest Stock Analysis on SPGI

Insider Buying and Selling

In other news, CEO Douglas L. Peterson sold 6,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $424.74, for a total value of $2,548,440.00. Following the completion of the sale, the chief executive officer now owns 162,530 shares in the company, valued at approximately $69,032,992.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

About S&P Global

(Free Report)

S&P Global Inc, together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates through S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, S&P Dow Jones Indices, and S&P Global Engineering Solutions segments.

Featured Articles

Institutional Ownership by Quarter for S&P Global (NYSE:SPGI)

Receive News & Ratings for S&P Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&P Global and related companies with MarketBeat.com's FREE daily email newsletter.