AIMZ Investment Advisors LLC Sells 41 Shares of S&P Global Inc. (NYSE:SPGI)

AIMZ Investment Advisors LLC cut its stake in shares of S&P Global Inc. (NYSE:SPGI) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,081 shares of the business services provider’s stock after selling 41 shares during the period. AIMZ Investment Advisors LLC’s holdings in S&P Global were worth $1,534,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. First Personal Financial Services bought a new position in S&P Global during the third quarter worth $29,000. Human Investing LLC bought a new stake in shares of S&P Global during the 4th quarter valued at $30,000. Capital Performance Advisors LLP bought a new stake in S&P Global during the third quarter worth about $31,000. Voisard Asset Management Group Inc. boosted its position in shares of S&P Global by 77.1% during the 3rd 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 in the last quarter. Finally, Dunhill Financial LLC boosted its holdings 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 in 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 research reports. UBS Group lifted their price target on shares of S&P Global from $610.00 to $640.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. BMO Capital Markets raised their price objective on shares of S&P Global from $576.00 to $590.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. Morgan Stanley upped their price target on shares of S&P Global from $595.00 to $600.00 and gave the company an “overweight” rating in a research report on Wednesday, February 12th. Evercore ISI boosted their price objective on shares of S&P Global from $599.00 to $608.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Finally, Oppenheimer lowered 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. Three equities 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, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $590.23.

S&P Global Price Performance

S&P Global stock opened at $525.77 on Friday. The stock’s 50 day moving average price is $512.90 and its two-hundred day moving average price is $510.33. The stock has a market capitalization of $161.83 billion, a price-to-earnings ratio of 42.57, a PEG ratio of 2.41 and a beta of 1.20. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. S&P Global Inc. has a 52-week low of $407.69 and a 52-week high of $545.39.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 EPS for the quarter, beating 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 quarter in the prior year, the business earned $3.13 earnings per share. On average, equities analysts predict that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The business 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. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. This represents a $3.84 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Wednesday, February 26th. S&P Global’s payout ratio is currently 31.09%.

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.