Robeco Institutional Asset Management B.V. Grows Stock Holdings in S&P Global Inc. (NYSE:SPGI)

Robeco Institutional Asset Management B.V. grew its holdings in S&P Global Inc. (NYSE:SPGI) by 52.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 720,517 shares of the business services provider’s stock after acquiring an additional 249,242 shares during the period. S&P Global comprises 0.7% of Robeco Institutional Asset Management B.V.’s holdings, making the stock its 26th biggest position. Robeco Institutional Asset Management B.V.’s holdings in S&P Global were worth $358,839,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Northwest Investment Counselors LLC acquired a new position in shares of S&P Global in the 3rd quarter valued at $27,000. First Personal Financial Services acquired a new position in shares of S&P Global in the 3rd quarter valued at $29,000. Capital Performance Advisors LLP acquired a new position in shares of S&P Global in the 3rd quarter valued at $31,000. Voisard Asset Management Group Inc. lifted its stake in shares of S&P Global by 77.1% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 27 shares during the period. Finally, Dunhill Financial LLC lifted its stake in shares of 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 during the period. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Trading Down 0.0 %

NYSE SPGI opened at $520.54 on Wednesday. The firm has a 50 day simple moving average of $505.75 and a 200-day simple moving average of $503.99. 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 Inc. has a one year low of $407.69 and a one year high of $533.29. The firm has a market cap of $161.52 billion, a price-to-earnings ratio of 45.94, a PEG ratio of 2.36 and a beta of 1.20.

S&P Global Increases Dividend

The firm 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 0.74%. S&P Global’s dividend payout ratio (DPR) is presently 32.13%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on SPGI. UBS Group boosted their target price 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. Oppenheimer reduced their target price on shares of 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. Robert W. Baird increased their target price on shares of S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. dropped their price objective on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Finally, Evercore ISI began coverage on shares of S&P Global in a report on Wednesday, October 2nd. They issued an “outperform” rating and a $599.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, S&P Global presently has an average rating of “Moderate Buy” and an average target price of $584.54.

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.