1,738 Shares in S&P Global Inc. (NYSE:SPGI) Acquired by Unigestion Holding SA

Unigestion Holding SA bought a new stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,738 shares of the business services provider's stock, valued at approximately $883,000.

A number of other institutional investors have also recently made changes to their positions in SPGI. Threadgill Financial LLC lifted its position in shares of S&P Global by 311.1% during the first quarter. Threadgill Financial LLC now owns 9,629 shares of the business services provider's stock worth $4,893,000 after purchasing an additional 7,287 shares during the last quarter. ST Germain D J Co. Inc. grew its stake in S&P Global by 9.5% in the first quarter. ST Germain D J Co. Inc. now owns 357 shares of the business services provider's stock valued at $181,000 after purchasing an additional 31 shares during the last quarter. Merit Financial Group LLC grew its holdings in S&P Global by 16.2% in the first quarter. Merit Financial Group LLC now owns 23,321 shares of the business services provider's stock worth $11,850,000 after purchasing an additional 3,251 shares during the last quarter. Harbor Investment Advisory LLC boosted its stake in S&P Global by 69.4% in the 1st quarter. Harbor Investment Advisory LLC now owns 3,494 shares of the business services provider's stock worth $1,775,000 after purchasing an additional 1,432 shares in the last quarter. Finally, LVW Advisors LLC raised its stake in S&P Global by 7.4% in the 1st quarter. LVW Advisors LLC now owns 3,422 shares of the business services provider's stock worth $1,739,000 after acquiring an additional 235 shares during the last quarter. Institutional investors own 87.17% of the company's stock.

Insider Activity

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 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 represents a 8.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.10% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on SPGI. Stifel Nicolaus cut their price objective on shares of S&P Global from $629.00 to $603.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. Evercore ISI upped their target price on shares of S&P Global from $599.00 to $608.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 12th. UBS Group increased their target price on shares of S&P Global from $555.00 to $575.00 and gave the company a "buy" rating in a research report on Wednesday, April 30th. Bank of America initiated coverage on S&P Global in a research report on Thursday, April 10th. They issued a "buy" rating and a $600.00 price target on the stock. Finally, JPMorgan Chase & Co. lowered their price objective on S&P Global from $618.00 to $565.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Two research 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 stock. According to MarketBeat.com, S&P Global has a consensus rating of "Moderate Buy" and a consensus price target of $592.71.

S&P Global Stock Up 0.3%

SPGI traded up $1.52 during trading on Thursday, hitting $515.46. The company had a trading volume of 837,689 shares, compared to its average volume of 1,219,675. The firm's 50-day moving average price is $492.47 and its 200 day moving average price is $504.04. S&P Global Inc. has a one year low of $425.49 and a one year high of $545.39. The company has a market capitalization of $158.09 billion, a PE ratio of 41.74, a PEG ratio of 2.41 and a beta of 1.23. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI - Get Free Report) last issued its earnings results on Tuesday, April 29th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 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 period in the prior year, the firm earned $4.01 EPS. As a group, equities analysts expect 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. Shareholders of record on Wednesday, May 28th will be paid a dividend of $0.96 per share. The ex-dividend date is Wednesday, May 28th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.74%. S&P Global's payout ratio is presently 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.