S&P Global Inc. (NYSE:SPGI) Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG reduced its stake in S&P Global Inc. (NYSE:SPGI) by 1.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 429,821 shares of the business services provider’s stock after selling 5,655 shares during the quarter. S&P Global makes up 2.2% of B. Metzler seel. Sohn & Co. AG’s investment portfolio, making the stock its 9th largest holding. B. Metzler seel. Sohn & Co. AG owned approximately 0.14% of S&P Global worth $213,957,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Headinvest LLC raised its stake in shares of 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 during the period. EWA LLC lifted its stake in 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 acquiring an additional 20 shares in the last quarter. Continuum Advisory LLC lifted its stake in S&P Global by 1.3% in the 3rd quarter. Continuum Advisory LLC now owns 1,544 shares of the business services provider’s stock valued at $788,000 after acquiring an additional 20 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in shares of S&P Global by 2.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,034 shares of the business services provider’s stock worth $515,000 after acquiring an additional 20 shares in the last quarter. Finally, Personal CFO Solutions LLC raised its holdings in shares of S&P Global by 3.1% in the fourth quarter. Personal CFO Solutions LLC now owns 674 shares of the business services provider’s stock valued at $336,000 after purchasing an additional 20 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on SPGI shares. UBS Group increased their target price on shares of S&P Global from $610.00 to $640.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Morgan Stanley boosted their target price on shares of S&P Global from $595.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, February 12th. Evercore ISI increased their price objective on shares of S&P Global from $599.00 to $608.00 and gave the company an “outperform” rating in a research report on Wednesday, February 12th. Wells Fargo & Company increased their price target on shares of S&P Global from $617.00 to $633.00 and gave the company an “overweight” rating in a report on Wednesday, February 12th. Finally, 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 for the company. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $590.86.

S&P Global Stock Down 1.2 %

Shares of NYSE:SPGI opened at $502.33 on Monday. 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 Inc. has a 52-week low of $407.69 and a 52-week high of $545.39. The company has a market capitalization of $157.65 billion, a PE ratio of 40.67, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20. The company has a fifty day moving average of $515.20 and a 200-day moving average of $510.10.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, February 11th. The business services provider reported $3.77 EPS for the quarter, topping the consensus estimate of $3.41 by $0.36. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. During the same quarter in the prior year, the firm posted $3.13 EPS. On average, equities analysts predict that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were paid a $0.96 dividend. This is a boost from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date was Wednesday, February 26th. This represents a $3.84 annualized dividend and a dividend yield of 0.76%. S&P Global’s dividend payout ratio is presently 31.09%.

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.