S&P Global Inc. (NYSE:SPGI) Stock Holdings Raised by Swedbank AB

Swedbank AB grew its stake in S&P Global Inc. (NYSE:SPGI) by 5.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 919,042 shares of the business services provider’s stock after purchasing an additional 47,454 shares during the quarter. Swedbank AB owned approximately 0.30% of S&P Global worth $457,710,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of SPGI. Northwest Investment Counselors LLC bought a new position in S&P Global during the 3rd quarter worth approximately $27,000. First Personal Financial Services bought a new position in S&P Global during the third quarter worth $29,000. Capital Performance Advisors LLP acquired a new position in S&P Global during the 3rd quarter valued at approximately $31,000. Voisard Asset Management Group Inc. raised its stake in 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 acquiring an additional 27 shares in the last quarter. Finally, Dunhill Financial LLC lifted its position in S&P Global by 94.4% in the third quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock worth $36,000 after purchasing an additional 34 shares during the period. Institutional investors own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

SPGI has been the subject of several research analyst reports. Citigroup assumed coverage on shares of S&P Global in a research report on Friday, December 20th. They issued a “buy” rating and a $600.00 price target for the company. Evercore ISI started coverage on shares of S&P Global in a report on Wednesday, October 2nd. They set an “outperform” rating and a $599.00 price objective on the stock. Stifel Nicolaus boosted their price objective on shares of S&P Global from $540.00 to $560.00 and gave the company a “buy” rating in a report on Monday, October 28th. UBS Group raised their price target on shares of S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Robert W. Baird boosted their target price on S&P Global from $536.00 to $575.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, S&P Global currently has a consensus rating of “Moderate Buy” and a consensus price target of $584.54.

S&P Global Price Performance

S&P Global stock traded down $1.04 during mid-day trading on Wednesday, reaching $519.42. The company had a trading volume of 62,074 shares, compared to its average volume of 1,217,680. The business has a fifty day simple moving average of $505.75 and a 200 day simple moving average of $503.99. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.33. S&P Global Inc. has a fifty-two week low of $407.69 and a fifty-two week high of $533.29. The company has a market cap of $161.17 billion, a P/E ratio of 45.87, a P/E/G ratio of 2.36 and a beta of 1.20.

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th will be given a $0.96 dividend. This represents a $3.84 dividend on an annualized basis 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 payout ratio is 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.