V Square Quantitative Management LLC Has $3.20 Million Stock Holdings in S&P Global Inc. (NYSE:SPGI)

V Square Quantitative Management LLC increased 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 & Exchange Commission. The firm owned 6,426 shares of the business services provider’s stock after acquiring an additional 92 shares during the quarter. V Square Quantitative Management LLC’s holdings in S&P Global were worth $3,200,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Northwest Investment Counselors LLC bought a new position in S&P Global during the third quarter worth about $27,000. First Personal Financial Services bought a new position in S&P Global during the third quarter worth about $29,000. Capital Performance Advisors LLP bought a new position in S&P Global during the third quarter worth about $31,000. Voisard Asset Management Group Inc. boosted its holdings in S&P Global by 77.1% during the third quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock worth $32,000 after buying an additional 27 shares during the last quarter. Finally, Dunhill Financial LLC lifted its holdings in shares of 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 in the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Stock Up 2.1 %

NYSE:SPGI opened at $542.44 on Friday. The firm has a market capitalization of $168.32 billion, a price-to-earnings ratio of 47.88, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20. S&P Global Inc. has a twelve month low of $407.69 and a twelve month high of $542.77. The stock’s 50 day moving average price is $506.35 and its two-hundred day moving average price is $506.53. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33.

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 return on equity of 13.72% and a net margin of 25.80%. During the same quarter last year, the firm posted $3.13 EPS. Equities research analysts expect that S&P Global Inc. will post 15.34 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 issued a dividend of $0.96 per share. The ex-dividend date is Wednesday, February 26th. 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 dividend yield of 0.71%. S&P Global’s payout ratio is presently 32.13%.

Analysts Set New Price Targets

Several research firms have recently weighed in on SPGI. Robert W. Baird lifted their price objective on S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Citigroup began coverage on S&P Global in a report on Friday, December 20th. They set a “buy” rating and a $600.00 price objective on the stock. Wells Fargo & Company lifted their price objective on S&P Global from $617.00 to $633.00 and gave the company an “overweight” rating in a report on Wednesday. StockNews.com upgraded S&P Global from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, UBS Group lifted their target price on S&P Global from $605.00 to $610.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $587.92.

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.