Oliver Lagore Vanvalin Investment Group Has $28,000 Stock Position in S&P Global Inc. (NYSE:SPGI)

Oliver Lagore Vanvalin Investment Group grew its position in shares of S&P Global Inc. (NYSE:SPGI) by 64.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 64 shares of the business services provider’s stock after acquiring an additional 25 shares during the quarter. Oliver Lagore Vanvalin Investment Group’s holdings in S&P Global were worth $28,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SPGI. Valued Wealth Advisors LLC acquired a new stake in shares of S&P Global in the 4th quarter valued at approximately $28,000. Kathleen S. Wright Associates Inc. acquired a new stake in shares of S&P Global in the 3rd quarter valued at approximately $25,000. LFA Lugano Financial Advisors SA raised its stake in S&P Global by 200.0% in the 4th quarter. LFA Lugano Financial Advisors SA now owns 75 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 50 shares during the period. Harbour Investments Inc. raised its stake in S&P Global by 45.8% in the 3rd quarter. Harbour Investments Inc. now owns 86 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 27 shares during the period. Finally, Fortis Group Advisors LLC bought a new stake in S&P Global in the 3rd quarter valued at $33,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

Insider Activity

In other news, CEO Douglas L. Peterson sold 6,000 shares of S&P Global stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $424.74, for a total transaction of $2,548,440.00. Following the sale, the chief executive officer now directly owns 162,530 shares of the company’s stock, valued at $69,032,992.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SPGI. Barclays increased their price target on S&P Global from $500.00 to $520.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Stifel Nicolaus reduced their target price on S&P Global from $460.00 to $442.00 and set a “buy” rating on the stock in a report on Thursday. Raymond James increased their target price on S&P Global from $422.00 to $452.00 and gave the stock an “outperform” rating in a report on Tuesday, January 9th. Erste Group Bank reissued a “hold” rating on shares of S&P Global in a report on Wednesday, April 3rd. Finally, BMO Capital Markets increased their target price on S&P Global from $480.00 to $483.00 and gave the stock an “outperform” rating in a report on Monday, April 1st. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, S&P Global has a consensus rating of “Moderate Buy” and a consensus target price of $462.00.

S&P Global Stock Performance

NYSE:SPGI opened at $412.56 on Friday. The stock’s 50-day simple moving average is $424.73 and its 200 day simple moving average is $415.57. The firm has a market capitalization of $132.13 billion, a PE ratio of 50.13, a price-to-earnings-growth ratio of 2.33 and a beta of 1.15. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.33. S&P Global Inc. has a twelve month low of $338.92 and a twelve month high of $461.16.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Thursday, February 8th. The business services provider reported $3.13 earnings per share for the quarter, missing the consensus estimate of $3.15 by ($0.02). The business had revenue of $3.15 billion during the quarter, compared to analyst estimates of $3.13 billion. S&P Global had a net margin of 21.02% and a return on equity of 11.34%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period last year, the business earned $2.54 earnings per share. On average, analysts anticipate that S&P Global Inc. will post 14.08 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Tuesday, February 27th were paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.88%. This is a positive change from S&P Global’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend was Monday, February 26th. S&P Global’s dividend payout ratio (DPR) is presently 44.23%.

S&P Global Company Profile

S&P Global Inc, together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates through S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, S&P Dow Jones Indices, and S&P Global Engineering Solutions segments.