Windmill Hill Asset Management Ltd Has $2.70 Million Holdings in S&P Global Inc. (NYSE:SPGI)

Windmill Hill Asset Management Ltd lowered its stake in shares of S&P Global Inc. (NYSE:SPGI) by 19.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,423 shares of the business services provider’s stock after selling 1,288 shares during the period. S&P Global makes up 2.7% of Windmill Hill Asset Management Ltd’s investment portfolio, making the stock its 9th biggest holding. Windmill Hill Asset Management Ltd’s holdings in S&P Global were worth $2,701,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Global X Japan Co. Ltd. grew its position in S&P Global by 20.4% in the 4th quarter. Global X Japan Co. Ltd. now owns 1,055 shares of the business services provider’s stock valued at $525,000 after purchasing an additional 179 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of S&P Global by 2.3% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 51,389 shares of the business services provider’s stock valued at $25,593,000 after buying an additional 1,175 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of S&P Global by 5.8% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 769,864 shares of the business services provider’s stock valued at $383,415,000 after buying an additional 42,313 shares during the last quarter. Leo Wealth LLC grew its holdings in shares of S&P Global by 159.3% during the fourth quarter. Leo Wealth LLC now owns 2,531 shares of the business services provider’s stock valued at $1,261,000 after buying an additional 1,555 shares during the last quarter. Finally, Consolidated Portfolio Review Corp increased its position in shares of S&P Global by 5.7% during the fourth quarter. Consolidated Portfolio Review Corp now owns 774 shares of the business services provider’s stock worth $385,000 after acquiring an additional 42 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SPGI shares. Citigroup began coverage on shares of S&P Global in a research report on Friday, December 20th. They issued a “buy” rating and a $600.00 price target on the stock. Robert W. Baird raised their target price on S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a report on Friday, October 25th. UBS Group upped their price target on S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Morgan Stanley raised their price objective on S&P Global from $570.00 to $595.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Finally, Wells Fargo & Company cut their price objective on shares of S&P Global from $620.00 to $617.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $584.54.

S&P Global Stock Up 0.8 %

Shares of NYSE SPGI opened at $518.52 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $160.90 billion, a PE ratio of 45.76, a P/E/G ratio of 2.40 and a beta of 1.20. S&P Global Inc. has a one year low of $407.69 and a one year high of $533.29. The business’s fifty day moving average price is $506.01 and its 200-day moving average price is $505.23.

S&P Global Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th will be issued a dividend of $0.96 per share. The ex-dividend date is Wednesday, February 26th. 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 dividend payout ratio is 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.