Quilter Plc Purchases 5,904 Shares of S&P Global Inc. (NYSE:SPGI)

Quilter Plc raised its position in shares of S&P Global Inc. (NYSE:SPGI) by 6.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 100,672 shares of the business services provider’s stock after purchasing an additional 5,904 shares during the quarter. Quilter Plc’s holdings in S&P Global were worth $50,138,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SPGI. Northwest Investment Counselors LLC purchased a new position in shares of S&P Global during the 3rd quarter valued at about $27,000. First Personal Financial Services purchased a new position in shares of S&P Global during the 3rd quarter valued at about $29,000. Capital Performance Advisors LLP purchased a new position in shares of S&P Global during the 3rd quarter valued at about $31,000. Voisard Asset Management Group Inc. lifted its position in shares of S&P Global by 77.1% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock valued at $32,000 after buying an additional 27 shares in the last quarter. Finally, Dunhill Financial LLC lifted its position in shares of S&P Global by 94.4% during the 3rd quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock valued at $36,000 after buying an additional 34 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on SPGI shares. Robert W. Baird boosted their price target on S&P Global from $536.00 to $575.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Oppenheimer lowered their price target on S&P Global from $590.00 to $580.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. JPMorgan Chase & Co. lowered their price target on S&P Global from $600.00 to $585.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Citigroup initiated coverage on S&P Global in a report on Friday, December 20th. They set a “buy” rating and a $600.00 price objective on the stock. Finally, UBS Group upped their price objective on S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, S&P Global presently has an average rating of “Moderate Buy” and a consensus target price of $584.54.

S&P Global Stock Performance

Shares of S&P Global stock opened at $519.00 on Monday. The stock’s fifty day moving average is $505.85 and its two-hundred day moving average is $505.61. The company has a market capitalization of $161.05 billion, a PE ratio of 45.81, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33. S&P Global Inc. has a 52 week low of $407.69 and a 52 week high of $533.29.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th will be paid a dividend of $0.96 per share. The ex-dividend date is Wednesday, February 26th. This represents a $3.84 annualized dividend and a dividend yield of 0.74%. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. S&P Global’s dividend payout ratio (DPR) is currently 32.13%.

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.