Vision Financial Markets LLC Takes Position in S&P Global Inc. (NYSE:SPGI)

Vision Financial Markets LLC bought a new stake in shares of S&P Global Inc. (NYSE:SPGI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 156 shares of the business services provider’s stock, valued at approximately $78,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Personal Financial Services bought a new position in S&P Global in the 3rd quarter worth approximately $29,000. Human Investing LLC bought a new position in S&P Global in the 4th quarter worth approximately $30,000. Capital Performance Advisors LLP bought a new position in S&P Global in the 3rd quarter worth approximately $31,000. Noble Wealth Management PBC bought a new position in S&P Global in the 4th quarter worth approximately $31,000. Finally, Dunhill Financial LLC lifted its stake 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 worth $36,000 after purchasing an additional 34 shares in the last quarter. 87.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on SPGI shares. Oppenheimer lowered 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 research note on Friday, January 3rd. Morgan Stanley increased their target price on shares of S&P Global from $595.00 to $600.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 12th. StockNews.com cut shares of S&P Global from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th. Evercore ISI increased their target price 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, BMO Capital Markets increased their target price on shares of S&P Global from $576.00 to $590.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $590.23.

S&P Global Stock Performance

S&P Global stock opened at $523.27 on Thursday. The firm’s fifty day moving average price is $514.96 and its 200-day moving average price is $511.46. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market cap of $161.06 billion, a P/E ratio of 42.37, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20. S&P Global Inc. has a fifty-two week low of $407.69 and a fifty-two week high of $545.39.

S&P Global (NYSE:SPGI) last issued its earnings results on Tuesday, February 11th. The business services provider reported $3.77 EPS 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 period in the previous year, the firm posted $3.13 EPS. On average, equities research analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

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 given a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Wednesday, February 26th. This is a boost from S&P Global’s previous quarterly dividend of $0.91. S&P Global’s dividend payout ratio (DPR) is presently 31.09%.

About S&P Global

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.