S&P Global Inc. (NYSE:SPGI) Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lifted its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 4.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 9,227 shares of the business services provider’s stock after acquiring an additional 424 shares during the period. Stratos Wealth Partners LTD.’s holdings in S&P Global were worth $4,596,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPGI. Northwest Investment Counselors LLC purchased a new position in shares of S&P Global in the third quarter worth $27,000. First Personal Financial Services acquired a new position in shares of S&P Global in the 3rd quarter valued at $29,000. Capital Performance Advisors LLP acquired a new stake in S&P Global during the 3rd quarter worth about $31,000. Voisard Asset Management Group Inc. grew its stake in 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 purchasing an additional 27 shares during the last quarter. Finally, Dunhill Financial LLC increased its holdings in shares of S&P Global by 94.4% in the third quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 34 shares during the period. 87.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. dropped their target price on S&P Global from $600.00 to $585.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Stifel Nicolaus upped their price objective on shares of S&P Global from $540.00 to $560.00 and gave the company a “buy” rating in a report on Monday, October 28th. Robert W. Baird raised their target price on shares of S&P Global from $536.00 to $575.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Oppenheimer lowered their price target on shares of S&P Global from $590.00 to $580.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Finally, Morgan Stanley boosted their price objective on S&P Global from $570.00 to $595.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Two research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $584.54.

S&P Global Trading Up 0.8 %

Shares of NYSE:SPGI opened at $518.52 on Friday. The business’s 50 day moving average price is $506.01 and its 200-day moving average price is $505.23. S&P Global Inc. has a 1 year low of $407.69 and a 1 year high of $533.29. The firm has a market capitalization 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 current ratio of 0.94 and a quick ratio of 0.94.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th will be issued a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 0.74%. This is an increase from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date is Wednesday, February 26th. S&P Global’s dividend payout ratio (DPR) is presently 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.