211 Shares in S&P Global Inc. (NYSE:SPGI) Acquired by YANKCOM Partnership

YANKCOM Partnership purchased a new position in shares of S&P Global Inc. (NYSE:SPGI) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 211 shares of the business services provider’s stock, valued at approximately $105,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Northwest Investment Counselors LLC purchased a new position in shares of S&P Global during the 3rd quarter valued at $27,000. First Personal Financial Services purchased a new position in shares of S&P Global during the 3rd quarter valued at $29,000. Capital Performance Advisors LLP purchased a new position in shares of S&P Global during the 3rd quarter valued at $31,000. Voisard Asset Management Group Inc. lifted its stake in shares of 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 valued at $32,000 after buying an additional 27 shares in the last quarter. Finally, Dunhill Financial LLC lifted its stake 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 buying an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on SPGI shares. Stifel Nicolaus lifted their target price on shares of S&P Global from $540.00 to $560.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Citigroup assumed coverage on shares of S&P Global in a research note on Friday, December 20th. They set a “buy” rating and a $600.00 target price on the stock. Robert W. Baird lifted their price target on shares of S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. reduced their price target on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Finally, Wells Fargo & Company reduced their price target on shares of S&P Global from $620.00 to $617.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $584.54.

S&P Global Price Performance

Shares of S&P Global stock opened at $518.52 on Friday. The stock has a market cap of $160.90 billion, a price-to-earnings ratio of 45.76, a price-to-earnings-growth ratio of 2.40 and a beta of 1.20. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a 50 day moving average price of $506.01 and a 200-day moving average price of $505.23. S&P Global Inc. has a one year low of $407.69 and a one year high of $533.29.

S&P Global Increases Dividend

The business also recently announced 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 boost 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 dividend on an annualized basis and a dividend yield of 0.74%. S&P Global’s payout ratio is 33.89%.

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.