Siemens Fonds Invest GmbH Acquires 14,950 Shares of S&P Global Inc. (NYSE:SPGI)

Siemens Fonds Invest GmbH raised its position in S&P Global Inc. (NYSE:SPGI - Free Report) by 172.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,620 shares of the business services provider's stock after purchasing an additional 14,950 shares during the period. Siemens Fonds Invest GmbH's holdings in S&P Global were worth $11,763,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Park Square Financial Group LLC bought a new stake in S&P Global in the fourth quarter valued at approximately $89,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of S&P Global during the fourth quarter worth $238,503,000. Azzad Asset Management Inc. ADV increased its position in shares of S&P Global by 83.6% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 11,175 shares of the business services provider's stock worth $5,565,000 after acquiring an additional 5,090 shares in the last quarter. Capital A Wealth Management LLC bought a new stake in shares of S&P Global during the fourth quarter worth $550,000. Finally, Windmill Hill Asset Management Ltd increased its position in shares of S&P Global by 1.4% during the fourth quarter. Windmill Hill Asset Management Ltd now owns 6,806 shares of the business services provider's stock worth $3,390,000 after acquiring an additional 95 shares in the last quarter. Institutional investors 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 firm's 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 transaction, the executive vice president now directly owns 5,131 shares of the company's stock, valued at approximately $2,619,016.33. This trade represents a 8.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on SPGI shares. Morgan Stanley increased their price objective on shares of S&P Global from $595.00 to $600.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 12th. Mizuho started coverage on shares of S&P Global in a research report on Wednesday, March 12th. They set an "outperform" rating and a $599.00 price objective for the company. Wall Street Zen downgraded shares of S&P Global from a "buy" rating to a "hold" rating in a research report on Thursday, February 20th. Argus raised shares of S&P Global to a "strong-buy" rating in a research report on Friday, May 16th. Finally, Robert W. Baird decreased their target price on shares of S&P Global from $616.00 to $589.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the 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 down $1.42 during mid-day trading on Friday, reaching $512.68. 2,142,178 shares of the company were exchanged, compared to its average volume of 1,224,039. The company's 50-day simple moving average is $492.04 and its 200-day simple moving average is $503.93. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $157.24 billion, a P/E ratio of 41.51, a P/E/G ratio of 2.41 and a beta of 1.23. S&P Global Inc. has a twelve month low of $419.49 and a twelve month high of $545.39.

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

S&P Global Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 28th will be paid a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date is Wednesday, May 28th. S&P Global's dividend payout ratio is presently 30.16%.

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.