James Hambro & Partners LLP Increases Stake in S&P Global Inc. (NYSE:SPGI)

James Hambro & Partners LLP grew its holdings in S&P Global Inc. (NYSE:SPGI - Free Report) by 2.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 223,198 shares of the business services provider's stock after acquiring an additional 6,169 shares during the period. S&P Global comprises 4.7% of James Hambro & Partners LLP's holdings, making the stock its 11th biggest position. James Hambro & Partners LLP owned about 0.07% of S&P Global worth $113,444,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Parkside Financial Bank & Trust increased its holdings 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 buying an additional 20 shares during the last quarter. Personal CFO Solutions LLC increased its position in shares of S&P Global by 3.1% during the 4th quarter. Personal CFO Solutions LLC now owns 674 shares of the business services provider's stock worth $336,000 after purchasing an additional 20 shares during the last quarter. Anfield Capital Management LLC raised its holdings in S&P Global by 25.6% in the 4th quarter. Anfield Capital Management LLC now owns 108 shares of the business services provider's stock valued at $54,000 after buying an additional 22 shares during the period. Invenio Wealth Partners LLC lifted its position in S&P Global by 4.0% in the fourth quarter. Invenio Wealth Partners LLC now owns 574 shares of the business services provider's stock valued at $286,000 after buying an additional 22 shares during the last quarter. Finally, Retirement Planning Group LLC boosted its stake in S&P Global by 0.4% during the fourth quarter. Retirement Planning Group LLC now owns 5,762 shares of the business services provider's stock worth $2,870,000 after buying an additional 22 shares during the period. Institutional investors and hedge funds own 87.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on SPGI shares. Wall Street Zen downgraded S&P Global from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. Mizuho initiated coverage on shares of S&P Global in a research note on Wednesday, March 12th. They set an "outperform" rating and a $599.00 target price for the company. Argus upgraded shares of S&P Global to a "strong-buy" rating in a research note on Friday, May 16th. JPMorgan Chase & Co. cut their target price on S&P Global from $618.00 to $565.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Finally, Bank of America started coverage on shares of S&P Global in a research note on Thursday, April 10th. They set a "buy" rating and a $600.00 price target for the company. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, S&P Global currently has an average rating of "Moderate Buy" and an average target price of $592.71.

S&P Global Price Performance

SPGI traded up $7.32 during midday trading on Monday, reaching $508.81. 242,478 shares of the company's stock were exchanged, compared to its average volume of 1,221,583. S&P Global Inc. has a 1-year low of $427.14 and a 1-year high of $545.39. The stock has a market capitalization of $156.05 billion, a PE ratio of 41.21, a P/E/G ratio of 2.41 and a beta of 1.20. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.85 and a quick ratio of 0.85. The business's 50-day moving average price is $497.12 and its 200 day moving average price is $503.83.

S&P Global (NYSE:SPGI - Get Free Report) last issued its quarterly earnings data 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. S&P Global had a return on equity of 14.33% and a net margin of 27.12%. The firm had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $3.72 billion. During the same period in the previous year, the firm posted $4.01 EPS. The company's quarterly revenue was up 8.2% compared to the same quarter last year. As a group, equities analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Investors of record on Wednesday, May 28th were paid a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend was Wednesday, May 28th. S&P Global's payout ratio is 30.16%.

Insider Activity at S&P Global

In other S&P Global news, EVP Sally Moore sold 500 shares of S&P Global stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $510.43, for a total value of $255,215.00. Following the completion of the sale, the executive vice president now directly owns 5,131 shares of the company's stock, valued at approximately $2,619,016.33. The trade was a 8.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

S&P Global Company 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.