1,970 Shares in S&P Global Inc. (NYSE:SPGI) Acquired by Triglav Skladi D.O.O.

Triglav Skladi D.O.O. acquired a new position in S&P Global Inc. (NYSE:SPGI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,970 shares of the business services provider’s stock, valued at approximately $981,000.

A number of other large investors also recently bought and sold shares of SPGI. Minot DeBlois Advisors LLC acquired a new position in shares of S&P Global during the fourth quarter worth $25,000. Anderson Financial Strategies LLC acquired a new position in shares of S&P Global during the fourth quarter worth $27,000. Human Investing LLC acquired a new position in shares of S&P Global during the fourth quarter worth $30,000. Noble Wealth Management PBC acquired a new position in shares of S&P Global during the fourth quarter worth $31,000. Finally, Hazlett Burt & Watson Inc. increased its position in shares of S&P Global by 131.0% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 67 shares of the business services provider’s stock worth $32,000 after purchasing an additional 38 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Price Performance

NYSE:SPGI opened at $522.36 on Monday. S&P Global Inc. has a one year low of $419.49 and a one year 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. The firm has a market cap of $160.21 billion, a price-to-earnings ratio of 42.30, a PEG ratio of 2.41 and a beta of 1.23. The firm’s fifty day moving average is $487.94 and its two-hundred day moving average is $502.70.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, April 29th. The business services provider reported $4.37 EPS for the quarter, beating the consensus estimate of $4.23 by $0.14. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. The company had revenue of $3.78 billion for the quarter, compared to analyst estimates of $3.72 billion. During the same period in the prior year, the company earned $4.01 earnings per share. The firm’s revenue was up 8.2% on a year-over-year basis. Research analysts expect that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 28th will be issued a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend is Wednesday, May 28th. S&P Global’s payout ratio is 30.16%.

Insider Buying and Selling at S&P Global

In other news, EVP Sally Moore sold 500 shares of the stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $510.43, for a total transaction of $255,215.00. Following the sale, the executive vice president now directly owns 5,131 shares of the company’s stock, valued at $2,619,016.33. This represents a 8.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Wells Fargo & Company upped their price target on S&P Global from $607.00 to $627.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 30th. Mizuho assumed coverage on S&P Global in a research report on Wednesday, March 12th. They set an “outperform” rating and a $599.00 price target on the stock. Evercore ISI boosted their price objective on shares of S&P Global from $599.00 to $608.00 and gave the company an “outperform” rating in a report on Wednesday, February 12th. StockNews.com lowered shares of S&P Global from a “buy” rating to a “hold” rating in a report on Thursday, February 20th. Finally, Morgan Stanley boosted their price objective on shares of S&P Global from $595.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday, February 12th. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, S&P Global presently has an average rating of “Moderate Buy” and a consensus target price of $592.71.

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.