S&P Global Inc. (NYSE:SPGI) Stock Holdings Lessened by Aviso Financial Inc.

Aviso Financial Inc. lessened its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 4.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 16,040 shares of the business services provider’s stock after selling 726 shares during the quarter. Aviso Financial Inc.’s holdings in S&P Global were worth $7,988,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Wellington Management Group LLP raised its position in S&P Global by 3.4% during the third quarter. Wellington Management Group LLP now owns 8,868,375 shares of the business services provider’s stock valued at $4,581,580,000 after acquiring an additional 292,436 shares in the last quarter. Geode Capital Management LLC grew its holdings in S&P Global by 1.8% during the third quarter. Geode Capital Management LLC now owns 6,473,774 shares of the business services provider’s stock valued at $3,332,016,000 after purchasing an additional 113,146 shares during the last quarter. FMR LLC grew its holdings in S&P Global by 6.6% during the third quarter. FMR LLC now owns 5,965,369 shares of the business services provider’s stock valued at $3,081,830,000 after purchasing an additional 369,598 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in S&P Global by 1.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,713,617 shares of the business services provider’s stock valued at $1,401,909,000 after purchasing an additional 28,458 shares during the last quarter. Finally, Amundi grew its holdings in S&P Global by 6.6% during the fourth quarter. Amundi now owns 2,345,377 shares of the business services provider’s stock valued at $1,162,979,000 after purchasing an additional 145,434 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Up 0.3 %

Shares of NYSE SPGI opened at $479.51 on Friday. The stock has a market cap of $147.59 billion, a PE ratio of 38.83, a PEG ratio of 2.41 and a beta of 1.20. The business has a fifty day moving average of $513.81 and a two-hundred day moving average of $511.01. 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 released its quarterly earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 previous year, the business earned $3.13 earnings per share. As a group, 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 declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th were issued a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.80%. This is a boost from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date was Wednesday, February 26th. S&P Global’s payout ratio is currently 31.09%.

Wall Street Analyst Weigh In

Several brokerages have commented on SPGI. Oppenheimer lowered their price target on S&P Global from $590.00 to $580.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. BMO Capital Markets increased their price target on S&P Global from $576.00 to $590.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. UBS Group increased their price target on S&P Global from $610.00 to $640.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. StockNews.com downgraded S&P Global from a “buy” rating to a “hold” rating in a report on Thursday, February 20th. Finally, Morgan Stanley raised their price objective 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. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $590.86.

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.