S&P Global Inc. (NYSE:SPGI) Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. increased its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 149.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,407 shares of the business services provider's stock after buying an additional 2,640 shares during the period. Vise Technologies Inc.'s holdings in S&P Global were worth $2,195,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust boosted its position in S&P Global by 2.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,034 shares of the business services provider's stock valued at $515,000 after purchasing an additional 20 shares in the last quarter. Personal CFO Solutions LLC boosted its position in S&P Global by 3.1% during the fourth quarter. Personal CFO Solutions LLC now owns 674 shares of the business services provider's stock valued at $336,000 after purchasing an additional 20 shares in the last quarter. Anfield Capital Management LLC boosted its position in S&P Global by 25.6% during the fourth quarter. Anfield Capital Management LLC now owns 108 shares of the business services provider's stock valued at $54,000 after purchasing an additional 22 shares in the last quarter. Invenio Wealth Partners LLC boosted its holdings 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. Finally, Retirement Planning Group LLC boosted its holdings in S&P Global by 0.4% in the fourth quarter. Retirement Planning Group LLC now owns 5,762 shares of the business services provider's stock worth $2,870,000 after acquiring an additional 22 shares in the last quarter. Institutional investors own 87.17% of the company's stock.

S&P Global Stock Performance

Shares of S&P Global stock traded up $0.89 on Thursday, reaching $512.37. 217,490 shares of the stock were exchanged, compared to its average volume of 1,354,183. The firm has a market capitalization of $157.14 billion, a price-to-earnings ratio of 41.49, a PEG 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. The business has a 50 day moving average price of $491.87 and a two-hundred day moving average price of $503.82. 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 posted its quarterly earnings data on Tuesday, April 29th. The business services provider reported $4.37 EPS for the quarter, beating analysts' consensus estimates of $4.23 by $0.14. The business had revenue of $3.78 billion during 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 business's revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $4.01 earnings per share. 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 firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 28th will be given a $0.96 dividend. 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 (DPR) is presently 30.16%.

Analysts Set New Price Targets

Several brokerages have weighed in on SPGI. Wall Street Zen downgraded S&P Global from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. Mizuho began coverage on S&P Global in a report on Wednesday, March 12th. They issued an "outperform" rating and a $599.00 price target for the company. 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. Morgan Stanley raised their price target on S&P Global from $595.00 to $600.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. lowered their price target on S&P Global from $618.00 to $565.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Two equities 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 company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $592.71.

Insider Activity

In other news, EVP Sally Moore sold 500 shares of S&P Global 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 directly owns 5,131 shares of the company's stock, valued at $2,619,016.33. The trade was a 8.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.10% of the company's stock.

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.