Natixis Investment Managers International Has $185,000 Stock Position in S&P Global Inc. (NYSE:SPGI)

Natixis Investment Managers International lifted its position in shares of S&P Global Inc. (NYSE:SPGI) by 26.5% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 434 shares of the business services provider’s stock after buying an additional 91 shares during the quarter. Natixis Investment Managers International’s holdings in S&P Global were worth $185,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Private Wealth Management Group LLC acquired a new position in S&P Global in the fourth quarter valued at about $26,000. Pineridge Advisors LLC bought a new position in S&P Global in the fourth quarter valued at about $26,000. Oliver Lagore Vanvalin Investment Group grew its position in S&P Global by 64.1% in the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 64 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 25 shares during the last quarter. LFA Lugano Financial Advisors SA grew its position in S&P Global by 200.0% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 75 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 50 shares during the last quarter. Finally, Frazier Financial Advisors LLC bought a new position in S&P Global in the fourth quarter valued at about $36,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Stock Up 0.3 %

Shares of NYSE:SPGI traded up $1.53 during trading on Thursday, reaching $483.19. 785,677 shares of the stock were exchanged, compared to its average volume of 1,263,042. The firm has a market cap of $151.19 billion, a price-to-earnings ratio of 54.17, a price-to-earnings-growth ratio of 2.81 and a beta of 1.16. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a fifty day moving average of $449.75 and a two-hundred day moving average of $436.53. S&P Global Inc. has a 1-year low of $340.49 and a 1-year high of $498.15.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Thursday, April 25th. The business services provider reported $4.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.68 by $0.33. The firm had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.39 billion. S&P Global had a return on equity of 12.20% and a net margin of 22.01%. Research analysts anticipate that S&P Global Inc. will post 14.27 earnings per share for the current fiscal year.

S&P Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 11th. Shareholders of record on Tuesday, August 27th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Tuesday, August 27th. This represents a $3.64 dividend on an annualized basis and a yield of 0.75%. S&P Global’s dividend payout ratio (DPR) is presently 40.81%.

Analyst Ratings Changes

SPGI has been the topic of a number of recent analyst reports. Stifel Nicolaus lifted their target price on S&P Global from $442.00 to $446.00 and gave the company a “buy” rating in a research report on Friday, April 26th. BMO Capital Markets boosted their price target on S&P Global from $480.00 to $483.00 and gave the stock an “outperform” rating in a report on Monday, April 1st. UBS Group boosted their price target on S&P Global from $505.00 to $555.00 and gave the stock a “buy” rating in a report on Tuesday, July 9th. Erste Group Bank restated a “hold” rating on shares of S&P Global in a report on Wednesday, April 3rd. Finally, Morgan Stanley boosted their price target on S&P Global from $500.00 to $510.00 and gave the stock an “overweight” rating in a report on Friday, July 5th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $490.55.

About S&P Global

S&P Global Inc, together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates through S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, S&P Dow Jones Indices, and S&P Global Engineering Solutions segments.