S&P Global Inc. (NYSE:SPGI) Shares Sold by First Affirmative Financial Network

First Affirmative Financial Network decreased its position in shares of S&P Global Inc. (NYSE:SPGI) by 2.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,441 shares of the business services provider’s stock after selling 38 shares during the period. First Affirmative Financial Network’s holdings in S&P Global were worth $718,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. First National Corp MA ADV increased its position in shares of S&P Global by 0.9% during the third quarter. First National Corp MA ADV now owns 2,344 shares of the business services provider’s stock worth $1,211,000 after acquiring an additional 20 shares during the period. Kathleen S. Wright Associates Inc. increased its holdings in S&P Global by 25.0% during the 3rd quarter. Kathleen S. Wright Associates Inc. now owns 100 shares of the business services provider’s stock worth $51,000 after purchasing an additional 20 shares during the period. Trust Point Inc. increased its holdings in S&P Global by 1.4% during the 3rd quarter. Trust Point Inc. now owns 1,404 shares of the business services provider’s stock worth $725,000 after purchasing an additional 20 shares during the period. Headinvest LLC raised its position in S&P Global by 2.0% in the 3rd quarter. Headinvest LLC now owns 997 shares of the business services provider’s stock valued at $515,000 after purchasing an additional 20 shares in the last quarter. Finally, EWA LLC boosted its stake in shares of S&P Global by 4.2% in the 3rd quarter. EWA LLC now owns 498 shares of the business services provider’s stock valued at $254,000 after buying an additional 20 shares during the period. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Trading Down 0.6 %

SPGI opened at $517.31 on Thursday. 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 Inc. has a 52 week low of $407.69 and a 52 week high of $533.29. The business’s 50 day moving average is $505.75 and its two-hundred day moving average is $503.99. The firm has a market cap of $160.52 billion, a price-to-earnings ratio of 45.66, a price-to-earnings-growth ratio of 2.36 and a beta of 1.20.

S&P Global Increases Dividend

The firm also recently declared 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 is an increase from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $3.84 annualized dividend and a yield of 0.74%. S&P Global’s dividend payout ratio is 32.13%.

Analysts Set New Price Targets

A number of analysts recently weighed in on SPGI shares. Morgan Stanley upped their target price on shares of S&P Global from $570.00 to $595.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Robert W. Baird increased their price objective 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. Evercore ISI initiated coverage on shares of S&P Global in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $599.00 price objective for the company. Oppenheimer dropped their target price 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. Finally, BMO Capital Markets raised their price target on S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $584.54.

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.