PYA Waltman Capital LLC Sells 109 Shares of S&P Global Inc. (NYSE:SPGI)

PYA Waltman Capital LLC lowered its stake in S&P Global Inc. (NYSE:SPGI) by 0.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 22,607 shares of the business services provider’s stock after selling 109 shares during the quarter. S&P Global accounts for 3.6% of PYA Waltman Capital LLC’s portfolio, making the stock its 11th biggest position. PYA Waltman Capital LLC’s holdings in S&P Global were worth $11,259,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Headinvest LLC increased its holdings in S&P Global by 2.0% in the 3rd quarter. Headinvest LLC now owns 997 shares of the business services provider’s stock valued at $515,000 after purchasing an additional 20 shares in the last quarter. EWA LLC lifted its holdings in S&P Global by 4.2% in the third quarter. EWA LLC now owns 498 shares of the business services provider’s stock worth $254,000 after acquiring an additional 20 shares during the last quarter. Continuum Advisory LLC increased its stake in shares of S&P Global by 1.3% in the third quarter. Continuum Advisory LLC now owns 1,544 shares of the business services provider’s stock valued at $788,000 after purchasing an additional 20 shares during the period. Fullcircle Wealth LLC increased its stake in shares of S&P Global by 1.2% during the third quarter. Fullcircle Wealth LLC now owns 1,789 shares of the business services provider’s stock valued at $872,000 after acquiring an additional 21 shares during the period. Finally, DT Investment Partners LLC boosted its holdings in S&P Global by 20.6% during the third quarter. DT Investment Partners LLC now owns 129 shares of the business services provider’s stock worth $67,000 after buying an additional 22 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

Shares of SPGI stock opened at $536.21 on Friday. The company has a 50 day moving average price of $509.53 and a 200-day moving average price of $508.60. S&P Global Inc. has a 52 week low of $407.69 and a 52 week high of $545.39. The firm has a market capitalization of $165.05 billion, a PE ratio of 43.42, a P/E/G ratio of 2.44 and a beta of 1.20. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, February 11th. The business services provider reported $3.77 EPS for the quarter, beating analysts’ consensus estimates of $3.41 by $0.36. S&P Global had a return on equity of 14.33% and a net margin of 27.12%. During the same quarter in the previous year, the firm earned $3.13 EPS. As a group, equities research analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders 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 0.72%. The ex-dividend date is Wednesday, February 26th. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. S&P Global’s payout ratio is 29.47%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SPGI shares. Wells Fargo & Company lifted their target price on shares of S&P Global from $617.00 to $633.00 and gave the company an “overweight” rating in a research note on Wednesday, February 12th. UBS Group increased their price target on shares of S&P Global from $610.00 to $640.00 and gave the company a “buy” rating in a research note on Tuesday. Robert W. Baird increased their price objective on shares of S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Oppenheimer lowered their price objective on shares of S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a research report on Friday, January 3rd. Finally, JPMorgan Chase & Co. decreased their target price on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Three analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, S&P Global has an average rating of “Moderate Buy” and an average target price of $590.23.

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.