S&P Global Inc. (NYSE:SPGI) Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC lifted its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 6.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,723 shares of the business services provider's stock after purchasing an additional 686 shares during the quarter. Dynamic Advisor Solutions LLC's holdings in S&P Global were worth $5,956,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Geode Capital Management LLC lifted its stake in S&P Global by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 6,589,982 shares of the business services provider's stock worth $3,273,264,000 after acquiring an additional 116,208 shares during the last quarter. Norges Bank purchased a new position in S&P Global in the fourth quarter valued at $1,725,084,000. Northern Trust Corp lifted its holdings in S&P Global by 19.1% during the 4th quarter. Northern Trust Corp now owns 3,276,043 shares of the business services provider's stock worth $1,631,568,000 after buying an additional 525,347 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of S&P Global by 13.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,071,407 shares of the business services provider's stock worth $1,529,653,000 after acquiring an additional 357,790 shares in the last quarter. Finally, Amundi increased its holdings in shares of S&P Global by 6.6% in the 4th quarter. Amundi now owns 2,345,377 shares of the business services provider's stock valued at $1,162,979,000 after acquiring an additional 145,434 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company's stock.

Insider Transactions at S&P Global

In related news, EVP Sally Moore sold 500 shares of the company's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $510.43, for a total value of $255,215.00. Following the sale, the executive vice president now owns 5,131 shares in the company, 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 at this hyperlink. Corporate insiders own 0.10% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on SPGI shares. Robert W. Baird lowered their price target on S&P Global from $616.00 to $589.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th. Mizuho started coverage on shares of S&P Global in a report on Wednesday, March 12th. They issued an "outperform" rating and a $599.00 target price for the company. Stifel Nicolaus cut their price target on shares of S&P Global from $629.00 to $603.00 and set a "buy" rating on the stock in a research note on Wednesday, April 30th. Wall Street Zen downgraded shares of S&P Global from a "buy" rating to a "hold" rating in a research note on Thursday, February 20th. Finally, UBS Group raised their price objective on S&P Global from $555.00 to $575.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, S&P Global has a consensus rating of "Moderate Buy" and a consensus target price of $592.71.

S&P Global Stock Performance

Shares of NYSE:SPGI traded up $3.14 during midday trading on Monday, hitting $504.63. The stock had a trading volume of 1,011,645 shares, compared to its average volume of 1,224,576. S&P Global Inc. has a 1 year low of $427.14 and a 1 year high of $545.39. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.34. The stock has a 50 day moving average price of $497.12 and a two-hundred day moving average price of $503.83. The company has a market capitalization of $154.77 billion, a PE ratio of 40.86, a P/E/G ratio of 2.41 and a beta of 1.20.

S&P Global (NYSE:SPGI - Get Free Report) last released its earnings results on Tuesday, April 29th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.23 by $0.14. The company had revenue of $3.78 billion for the quarter, compared to analysts' expectations of $3.72 billion. S&P Global had a return on equity of 14.33% and a net margin of 27.12%. The firm's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.01 EPS. As a group, equities analysts predict that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 28th were given a dividend of $0.96 per share. The ex-dividend date was Wednesday, May 28th. This represents a $3.84 annualized dividend and a dividend yield of 0.76%. S&P Global's payout ratio is currently 30.16%.

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.