Keybank National Association OH Purchases 2,489 Shares of S&P Global Inc. (NYSE:SPGI)

Keybank National Association OH boosted its position in shares of S&P Global Inc. (NYSE:SPGI) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,325 shares of the business services provider’s stock after acquiring an additional 2,489 shares during the quarter. Keybank National Association OH’s holdings in S&P Global were worth $81,341,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SPGI. Commerzbank Aktiengesellschaft FI increased its position in S&P Global by 14.2% during the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 2,859 shares of the business services provider’s stock worth $1,424,000 after buying an additional 356 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of S&P Global by 3.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,999,467 shares of the business services provider’s stock valued at $995,795,000 after purchasing an additional 62,770 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of S&P Global by 6.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 36,328 shares of the business services provider’s stock worth $18,093,000 after buying an additional 2,188 shares during the last quarter. Mission Wealth Management LP grew its stake in S&P Global by 14.4% in the 4th quarter. Mission Wealth Management LP now owns 4,358 shares of the business services provider’s stock valued at $2,171,000 after buying an additional 549 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. raised its holdings in S&P Global by 6.9% in the 4th quarter. Quintet Private Bank Europe S.A. now owns 3,023 shares of the business services provider’s stock valued at $1,506,000 after acquiring an additional 195 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Trading Down 0.9 %

NYSE SPGI opened at $528.98 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34. The company has a market cap of $162.82 billion, a price-to-earnings ratio of 42.83, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20. S&P Global Inc. has a twelve month low of $407.69 and a twelve month high of $545.39. The business’s fifty day moving average is $514.36 and its 200 day moving average is $511.20.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share for the quarter, topping analysts’ consensus estimates of $3.41 by $0.36. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. During the same quarter last year, the business posted $3.13 EPS. As a group, sell-side analysts expect that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $3.84 annualized dividend and a yield of 0.73%. S&P Global’s dividend payout ratio (DPR) is presently 31.09%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Oppenheimer reduced their price objective on S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a report on Friday, January 3rd. Morgan Stanley upped their price objective on S&P Global from $595.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday, February 12th. StockNews.com downgraded S&P Global from a “buy” rating to a “hold” rating in a report on Thursday, February 20th. Wells Fargo & Company boosted their target price on shares of S&P Global from $617.00 to $633.00 and gave the company an “overweight” rating in a research report on Wednesday, February 12th. Finally, Evercore ISI raised their price target on shares of S&P Global from $599.00 to $608.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $590.23.

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.