Roundview Capital LLC Buys 1,803 Shares of S&P Global Inc. (NYSE:SPGI)

Roundview Capital LLC grew its stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 24.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,121 shares of the business services provider's stock after acquiring an additional 1,803 shares during the period. Roundview Capital LLC's holdings in S&P Global were worth $4,635,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SPGI. Stegent Equity Advisors Inc. lifted its stake in shares of S&P Global by 3.1% in the 1st quarter. Stegent Equity Advisors Inc. now owns 659 shares of the business services provider's stock worth $335,000 after acquiring an additional 20 shares during the period. Invenio Wealth Partners LLC grew 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 worth $286,000 after acquiring an additional 22 shares in the last quarter. Retirement Planning Group LLC boosted its holdings in shares of S&P Global by 0.4% during the 4th 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. Burford Brothers Inc. boosted its holdings in shares of S&P Global by 2.8% during the 1st quarter. Burford Brothers Inc. now owns 794 shares of the business services provider's stock worth $403,000 after buying an additional 22 shares during the period. Finally, Proficio Capital Partners LLC raised its stake in S&P Global by 1.8% during the 1st quarter. Proficio Capital Partners LLC now owns 1,266 shares of the business services provider's stock valued at $643,000 after purchasing an additional 22 shares during the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Sally Moore sold 500 shares of the firm's stock in a transaction 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 transaction, the executive vice president directly owned 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company's stock.

S&P Global Trading Up 0.8%

Shares of NYSE SPGI traded up $4.13 during mid-day trading on Friday, hitting $534.98. The company's stock had a trading volume of 787,453 shares, compared to its average volume of 1,283,338. The company's fifty day simple moving average is $518.23 and its 200-day simple moving average is $507.07. S&P Global Inc. has a one year low of $427.14 and a one year high of $545.39. The stock has a market cap of $164.08 billion, a price-to-earnings ratio of 42.03, a price-to-earnings-growth ratio of 2.53 and a beta of 1.19. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.90 and a quick ratio of 0.90.

S&P Global (NYSE:SPGI - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The business services provider reported $4.37 earnings per share for the quarter, topping the consensus estimate of $4.23 by $0.14. The business had revenue of $3.78 billion for the quarter, compared to analyst estimates of $3.72 billion. S&P Global had a net margin of 27.27% and a return on equity of 14.68%. S&P Global's quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the firm earned $4.01 EPS. On average, sell-side analysts anticipate 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 will be paid on Wednesday, September 10th. Shareholders of record on Tuesday, August 26th will be issued a dividend of $0.96 per share. The ex-dividend date is Tuesday, August 26th. This represents a $3.84 annualized dividend and a yield of 0.72%. S&P Global's dividend payout ratio (DPR) is currently 30.16%.

Analyst Upgrades and Downgrades

SPGI has been the subject of several research analyst reports. Wells Fargo & Company upped their target price on shares of S&P Global from $627.00 to $632.00 and gave the company an "overweight" rating in a research note on Thursday, July 3rd. Robert W. Baird dropped their price objective on shares of S&P Global from $616.00 to $589.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. Oppenheimer increased their price objective on shares of S&P Global from $567.00 to $592.00 and gave the company an "outperform" rating in a research note on Wednesday, July 2nd. Bank of America started coverage on shares of S&P Global in a research report on Thursday, April 10th. They set a "buy" rating and a $600.00 target price for the company. Finally, UBS Group increased their target price on shares of S&P Global from $575.00 to $620.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, S&P Global has an average rating of "Moderate Buy" and an average target price of $601.07.

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.