S&P Global Inc. (NYSE:SPGI) Shares Sold by Chicago Capital LLC

Chicago Capital LLC decreased its stake in S&P Global Inc. (NYSE:SPGI) by 1.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,668 shares of the business services provider’s stock after selling 206 shares during the quarter. Chicago Capital LLC’s holdings in S&P Global were worth $10,293,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SPGI. Northwest Investment Counselors LLC acquired a new position in S&P Global during the third quarter worth about $27,000. First Personal Financial Services acquired a new position in S&P Global during the third quarter worth about $29,000. Capital Performance Advisors LLP acquired a new position in S&P Global during the third quarter worth about $31,000. Voisard Asset Management Group Inc. boosted its position 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 acquiring an additional 27 shares during 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 during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analysts Set New Price Targets

SPGI has been the topic of several recent analyst reports. Oppenheimer decreased their target price on shares of S&P Global from $590.00 to $580.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Stifel Nicolaus boosted their target price on shares of S&P Global from $540.00 to $560.00 and gave the company a “buy” rating in a report on Monday, October 28th. Morgan Stanley boosted their target price on shares of S&P Global from $570.00 to $595.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. 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 report on Friday, October 25th. Finally, BMO Capital Markets boosted their target price on shares of S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, S&P Global currently has an average rating of “Moderate Buy” and a consensus target price of $584.54.

S&P Global Price Performance

Shares of SPGI opened at $521.44 on Monday. S&P Global Inc. has a fifty-two week low of $407.69 and a fifty-two week high of $533.29. The firm’s 50 day moving average price is $506.40 and its 200 day moving average price is $504.59. The company has a market cap of $161.80 billion, a P/E ratio of 46.02, a PEG ratio of 2.40 and a beta of 1.20. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33.

S&P Global Increases Dividend

The firm 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 dividend of $0.96 per share. 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%. The ex-dividend date is Wednesday, February 26th. S&P Global’s dividend 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.