Vontobel Holding Ltd. Has $88.38 Million Holdings in S&P Global Inc. (NYSE:SPGI)

Vontobel Holding Ltd. trimmed its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 1.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 177,454 shares of the business services provider’s stock after selling 2,554 shares during the quarter. Vontobel Holding Ltd. owned about 0.06% of S&P Global worth $88,377,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Northwest Investment Counselors LLC bought a new stake in shares of S&P Global during the 3rd quarter worth about $27,000. First Personal Financial Services bought a new stake in S&P Global during the third quarter worth approximately $29,000. Capital Performance Advisors LLP bought a new stake in S&P Global during the third quarter worth approximately $31,000. Voisard Asset Management Group Inc. grew its holdings in S&P Global by 77.1% during the third quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 27 shares during the last quarter. Finally, Dunhill Financial LLC raised its position in shares of S&P Global by 94.4% in the third quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 34 shares during the period. 87.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on SPGI. Evercore ISI raised their target price on shares of S&P Global from $599.00 to $608.00 and gave the company an “outperform” rating in a research note on Wednesday. Wells Fargo & Company raised their price target on S&P Global from $617.00 to $633.00 and gave the company an “overweight” rating in a research report on Wednesday. Stifel Nicolaus boosted their price objective on S&P Global from $540.00 to $560.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. UBS Group raised their target price on S&P Global from $605.00 to $610.00 and gave the company a “buy” rating in a report on Friday, October 25th. Finally, Citigroup initiated coverage on S&P Global in a report on Friday, December 20th. They set a “buy” rating and a $600.00 price target for the company. Two analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, S&P Global has a consensus rating of “Moderate Buy” and a consensus target price of $587.92.

S&P Global Trading Up 2.1 %

Shares of S&P Global stock opened at $542.44 on Friday. S&P Global Inc. has a 52-week low of $407.69 and a 52-week high of $542.77. The firm has a market capitalization of $168.32 billion, a PE ratio of 47.88, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.94. The company’s fifty day moving average price is $506.35 and its two-hundred day moving average price is $506.53.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share for the quarter, beating analysts’ consensus estimates of $3.41 by $0.36. S&P Global had a net margin of 25.80% and a return on equity of 13.72%. During the same period in the previous year, the company earned $3.13 EPS. On average, analysts expect that S&P Global Inc. will post 15.34 EPS for the current year.

S&P Global Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be given a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Wednesday, February 26th. This is an increase from S&P Global’s previous quarterly dividend of $0.91. S&P Global’s dividend payout ratio (DPR) is 32.13%.

S&P Global Company 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.