S&P Global Inc. (NYSE:SPGI) Shares Acquired by RFG Advisory LLC

RFG Advisory LLC boosted its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 22.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 604 shares of the business services provider’s stock after purchasing an additional 110 shares during the period. RFG Advisory LLC’s holdings in S&P Global were worth $301,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Northwest Investment Counselors LLC purchased a new position in S&P Global in the 3rd quarter valued at $27,000. First Personal Financial Services purchased a new stake in shares of S&P Global in the third quarter valued at about $29,000. Capital Performance Advisors LLP acquired a new position in shares of S&P Global during the third quarter worth about $31,000. Voisard Asset Management Group Inc. raised its holdings in S&P Global by 77.1% during the third quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock worth $32,000 after purchasing an additional 27 shares in the last quarter. Finally, Dunhill Financial LLC boosted its holdings in S&P Global by 94.4% in the 3rd quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 34 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on SPGI shares. BMO Capital Markets increased their target price on S&P Global from $564.00 to $576.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 21st. Morgan Stanley raised their target price on S&P Global from $570.00 to $595.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Evercore ISI started coverage on shares of S&P Global in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $599.00 target price on the stock. UBS Group raised 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 note on Friday, October 25th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Two analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $584.54.

S&P Global Stock Performance

S&P Global stock opened at $520.54 on Wednesday. S&P Global Inc. has a fifty-two week low of $407.69 and a fifty-two week high of $533.29. The company has a market capitalization of $161.52 billion, a price-to-earnings ratio of 45.94, a PEG ratio of 2.36 and a beta of 1.20. The stock has a fifty day moving average of $505.39 and a two-hundred day moving average of $503.69. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.94 and a current ratio of 0.94.

S&P Global Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be paid a $0.96 dividend. This is an increase from S&P Global’s previous quarterly dividend of $0.91. This represents a $3.84 annualized dividend and a yield of 0.74%. S&P Global’s payout ratio is presently 32.13%.

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.