MASTERINVEST Kapitalanlage GmbH Acquires Shares of 5,098 S&P Global Inc. $SPGI

MASTERINVEST Kapitalanlage GmbH purchased a new stake in S&P Global Inc. (NYSE:SPGI) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 5,098 shares of the business services provider’s stock, valued at approximately $2,688,000.

Other hedge funds have also added to or reduced their stakes in the company. Oliver Lagore Vanvalin Investment Group bought a new position in S&P Global in the 2nd quarter valued at $26,000. MTM Investment Management LLC purchased a new stake in shares of S&P Global in the second quarter worth $27,000. CBIZ Investment Advisory Services LLC boosted its stake in S&P Global by 103.3% during the first quarter. CBIZ Investment Advisory Services LLC now owns 61 shares of the business services provider’s stock valued at $31,000 after buying an additional 31 shares during the period. eCIO Inc. bought a new stake in S&P Global during the first quarter valued at $32,000. Finally, Activest Wealth Management grew its position in S&P Global by 3,250.0% during the first quarter. Activest Wealth Management now owns 67 shares of the business services provider’s stock worth $34,000 after buying an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of S&P Global in a report on Monday, December 8th. Seaport Res Ptn raised shares of S&P Global to a “strong-buy” rating in a research note on Wednesday, October 1st. Evercore ISI boosted their price target on shares of S&P Global from $619.00 to $629.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Mizuho increased their price target on shares of S&P Global from $637.00 to $643.00 and gave the stock an “outperform” rating in a report on Thursday, October 16th. Finally, William Blair reaffirmed an “outperform” rating on shares of S&P Global in a report on Monday, November 17th. Two equities research analysts have rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $613.00.

S&P Global Stock Performance

S&P Global stock opened at $500.95 on Friday. The firm has a fifty day simple moving average of $490.15 and a two-hundred day simple moving average of $514.65. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.34. S&P Global Inc. has a twelve month low of $427.14 and a twelve month high of $579.05. The company has a market capitalization of $151.69 billion, a PE ratio of 36.43, a P/E/G ratio of 2.60 and a beta of 1.19.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Monday, February 28th. The business services provider reported $2.33 earnings per share (EPS) for the quarter. S&P Global had a return on equity of 15.90% and a net margin of 28.10%.The firm had revenue of $1.87 billion for the quarter. Research analysts expect that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 25th were paid a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, November 25th. S&P Global’s dividend payout ratio is 27.93%.

About S&P Global

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.