Greenwood Capital Associates LLC Has $952,000 Stock Position in S&P Global Inc. (NYSE:SPGI)

Greenwood Capital Associates LLC lessened its holdings in S&P Global Inc. (NYSE:SPGI) by 91.9% during the fourth quarter, HoldingsChannel reports. The fund owned 1,911 shares of the business services provider’s stock after selling 21,600 shares during the quarter. Greenwood Capital Associates LLC’s holdings in S&P Global were worth $952,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Czech National Bank raised its holdings in shares of S&P Global by 6.9% in the third quarter. Czech National Bank now owns 65,228 shares of the business services provider’s stock valued at $33,698,000 after purchasing an additional 4,229 shares during the last quarter. GAMMA Investing LLC grew its position in S&P Global by 20.6% in the 3rd quarter. GAMMA Investing LLC now owns 3,033 shares of the business services provider’s stock worth $1,567,000 after purchasing an additional 518 shares in the last quarter. Diversified Trust Co increased its stake in S&P Global by 41.1% in the 3rd quarter. Diversified Trust Co now owns 1,689 shares of the business services provider’s stock valued at $873,000 after buying an additional 492 shares during the last quarter. Smith Anglin Financial LLC lifted its position in shares of S&P Global by 7.3% during the 3rd quarter. Smith Anglin Financial LLC now owns 512 shares of the business services provider’s stock worth $265,000 after buying an additional 35 shares in the last quarter. Finally, Threadgill Financial LLC boosted its stake in shares of S&P Global by 12.7% in the 3rd quarter. Threadgill Financial LLC now owns 1,672 shares of the business services provider’s stock worth $864,000 after buying an additional 188 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Trading Down 0.9 %

NYSE:SPGI opened at $513.59 on Wednesday. S&P Global Inc. has a 1 year low of $407.69 and a 1 year high of $533.29. The stock’s fifty day moving average price is $506.36 and its two-hundred day moving average price is $504.93. 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 has a market cap of $159.37 billion, a P/E ratio of 45.33, a P/E/G ratio of 2.40 and a beta of 1.20.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be issued a dividend of $0.96 per share. This is a boost from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date is Wednesday, February 26th. This represents a $3.84 dividend on an annualized basis and a yield of 0.75%. S&P Global’s dividend payout ratio is 32.13%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. JPMorgan Chase & Co. dropped 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. Robert W. Baird boosted their price target on shares of S&P Global from $536.00 to $575.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. BMO Capital Markets increased their price target on shares of S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. Citigroup started 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 objective on the stock. Finally, UBS Group increased their target price on shares of S&P Global from $605.00 to $610.00 and gave the company a “buy” rating in a research 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $584.54.

About S&P Global

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.