S&P Global Inc. (NYSE:SPGI) Shares Bought by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC boosted its holdings in S&P Global Inc. (NYSE:SPGI) by 24.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 527 shares of the business services provider’s stock after acquiring an additional 105 shares during the quarter. Mezzasalma Advisors LLC’s holdings in S&P Global were worth $262,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Northwest Investment Counselors LLC purchased a new position in S&P Global during the 3rd quarter valued at about $27,000. First Personal Financial Services acquired a new stake in shares of S&P Global in the third quarter worth about $29,000. Capital Performance Advisors LLP bought a new stake in S&P Global during the third quarter worth approximately $31,000. Voisard Asset Management Group Inc. lifted its position in 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 during the last quarter. Finally, Dunhill Financial LLC boosted its stake in S&P Global by 94.4% during 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 during the period. Institutional investors own 87.17% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on SPGI. Robert W. Baird lifted their target price on shares of S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Morgan Stanley raised their price objective on shares of S&P Global from $570.00 to $595.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Stifel Nicolaus upped their price target on S&P Global from $540.00 to $560.00 and gave the company a “buy” rating in a research note on Monday, October 28th. BMO Capital Markets lifted their target price on shares of S&P Global from $564.00 to $576.00 and gave the stock an “outperform” rating in a report on Tuesday, January 21st. Finally, Citigroup started coverage on shares of S&P Global in a research note on Friday, December 20th. They set a “buy” rating and a $600.00 price objective on the stock. Two analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, S&P Global currently has a consensus rating of “Moderate Buy” and a consensus target price of $584.54.

S&P Global Price Performance

NYSE SPGI opened at $519.00 on Friday. The firm’s 50-day simple moving average is $505.92 and its two-hundred day simple moving average is $505.32. S&P Global Inc. has a 52 week low of $407.69 and a 52 week high of $533.29. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33. The company has a market cap of $161.05 billion, a PE ratio of 45.81, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20.

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th will be issued a $0.96 dividend. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date is Wednesday, February 26th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.74%. S&P Global’s dividend payout ratio is presently 32.13%.

S&P Global Company 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.