Blair William & Co. IL Buys 10,229 Shares of S&P Global Inc. (NYSE:SPGI)

Blair William & Co. IL grew its position in S&P Global Inc. (NYSE:SPGI) by 5.2% during the 4th quarter, HoldingsChannel reports. The fund owned 206,489 shares of the business services provider’s stock after purchasing an additional 10,229 shares during the period. Blair William & Co. IL’s holdings in S&P Global were worth $102,837,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SPGI. Howard Capital Management Group LLC increased its stake in S&P Global by 3.2% in the third quarter. Howard Capital Management Group LLC now owns 911 shares of the business services provider’s stock worth $471,000 after purchasing an additional 28 shares during the period. Great Valley Advisor Group Inc. increased its stake in S&P Global by 11.7% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 591 shares of the business services provider’s stock worth $305,000 after buying an additional 62 shares during the period. Penserra Capital Management LLC increased its stake in S&P Global by 114.0% in the 3rd quarter. Penserra Capital Management LLC now owns 3,240 shares of the business services provider’s stock worth $1,672,000 after buying an additional 1,726 shares during the period. Larson Financial Group LLC lifted its holdings in S&P Global by 471.1% during the 3rd quarter. Larson Financial Group LLC now owns 217 shares of the business services provider’s stock valued at $112,000 after buying an additional 179 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in S&P Global by 8.2% in the 3rd quarter. Fisher Asset Management LLC now owns 6,519 shares of the business services provider’s stock valued at $3,368,000 after buying an additional 492 shares during the period. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

Shares of SPGI opened at $507.99 on Thursday. S&P Global Inc. has a 12 month low of $407.69 and a 12 month high of $545.39. The stock has a fifty day moving average price of $515.11 and a 200-day moving average price of $510.31. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.34. The firm has a market cap of $156.36 billion, a PE ratio of 41.13, a P/E/G ratio of 2.41 and a beta of 1.20.

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

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th were paid a dividend of $0.96 per share. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend was Wednesday, February 26th. This represents a $3.84 dividend on an annualized basis and a yield of 0.76%. S&P Global’s dividend payout ratio is presently 31.09%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Mizuho started coverage on shares of S&P Global in a research note on Wednesday, March 12th. They set an “outperform” rating and a $599.00 price target for 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 report on Friday, January 3rd. StockNews.com downgraded S&P Global from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. UBS Group lifted their price objective on S&P Global from $610.00 to $640.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Finally, Morgan Stanley increased their target price on shares of S&P Global from $595.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, February 12th. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $590.86.

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.