S&P Global Inc. (NYSE:SPGI) Stock Holdings Lowered by Mather Group LLC.

Mather Group LLC. cut its position in S&P Global Inc. (NYSE:SPGI) by 7.7% during the 4th quarter, HoldingsChannel reports. The firm owned 4,782 shares of the business services provider’s stock after selling 399 shares during the quarter. Mather Group LLC.’s holdings in S&P Global were worth $2,381,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. First National Corp MA ADV increased its stake in S&P Global by 0.9% during the 3rd quarter. First National Corp MA ADV now owns 2,344 shares of the business services provider’s stock valued at $1,211,000 after buying an additional 20 shares during the period. Kathleen S. Wright Associates Inc. boosted its holdings in shares of S&P Global by 25.0% in the third quarter. Kathleen S. Wright Associates Inc. now owns 100 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 20 shares in the last quarter. Trust Point Inc. raised its holdings in S&P Global by 1.4% during the third quarter. Trust Point Inc. now owns 1,404 shares of the business services provider’s stock worth $725,000 after purchasing an additional 20 shares in the last quarter. Headinvest LLC raised its holdings in S&P Global by 2.0% during the third quarter. Headinvest LLC now owns 997 shares of the business services provider’s stock worth $515,000 after purchasing an additional 20 shares in the last quarter. Finally, EWA LLC boosted its stake in S&P Global by 4.2% during the 3rd quarter. EWA LLC now owns 498 shares of the business services provider’s stock valued at $254,000 after purchasing an additional 20 shares in the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global Stock Performance

Shares of SPGI stock opened at $513.59 on Wednesday. The company has a market capitalization of $159.37 billion, a price-to-earnings ratio of 45.33, a P/E/G ratio of 2.40 and a beta of 1.20. S&P Global Inc. has a 1-year low of $407.69 and a 1-year high of $533.29. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.33. The stock’s fifty day simple moving average is $506.36 and its 200-day simple moving average is $504.93.

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 paid a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Wednesday, February 26th. This is a boost from S&P Global’s previous quarterly dividend of $0.91. S&P Global’s payout ratio is 32.13%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SPGI. Wells Fargo & Company dropped their price objective on S&P Global from $620.00 to $617.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. JPMorgan Chase & Co. cut their price target on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating for the company in a report on Friday, October 25th. UBS Group lifted their price objective 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. Morgan Stanley increased their target price on shares of S&P Global from $570.00 to $595.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Finally, Oppenheimer dropped 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. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $584.54.

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.