S&P Global Inc. (NYSE:SPGI) Stock Holdings Boosted by Vestor Capital LLC

Vestor Capital LLC raised its position in shares of S&P Global Inc. (NYSE:SPGI) by 124.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 28,573 shares of the business services provider’s stock after buying an additional 15,834 shares during the period. S&P Global comprises about 1.1% of Vestor Capital LLC’s investment portfolio, making the stock its 21st biggest holding. Vestor Capital LLC’s holdings in S&P Global were worth $14,230,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Human Investing LLC bought a new stake in shares of S&P Global during the 4th quarter worth $30,000. Noble Wealth Management PBC purchased a new stake in shares of S&P Global in the fourth quarter valued at $31,000. Dunhill Financial LLC lifted its holdings in shares of S&P Global by 94.4% in the third 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. Sound Income Strategies LLC lifted its holdings in shares of S&P Global by 700.0% in the fourth quarter. Sound Income Strategies LLC now owns 72 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 63 shares in the last quarter. Finally, BankPlus Trust Department purchased a new stake in shares of S&P Global in the fourth quarter valued at $40,000. 87.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

SPGI has been the subject of a number of research analyst reports. Morgan Stanley increased their target price 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 lowered S&P Global from a “buy” rating to a “hold” rating in a report on Thursday, February 20th. UBS Group increased their price objective on S&P Global from $610.00 to $640.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. BMO Capital Markets increased their price objective on S&P Global from $576.00 to $590.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Finally, Oppenheimer cut 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. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $590.86.

S&P Global Trading Up 0.1 %

Shares of NYSE:SPGI opened at $497.62 on Friday. The company has a market cap of $153.17 billion, a P/E ratio of 40.29, a P/E/G ratio of 2.41 and a beta of 1.20. The stock’s 50-day moving average is $513.85 and its 200-day moving average is $510.42. S&P Global Inc. has a 52-week low of $407.69 and a 52-week high of $545.39. 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 (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share (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 period in the prior year, the company earned $3.13 EPS. Equities research analysts predict that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were given a $0.96 dividend. This is an increase from S&P Global’s previous quarterly dividend of $0.91. This represents a $3.84 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend was Wednesday, February 26th. S&P Global’s dividend payout ratio (DPR) 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.