S&P Global Inc. (NYSE:SPGI) Stock Position Decreased by Fullcircle Wealth LLC

Fullcircle Wealth LLC decreased its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,717 shares of the business services provider’s stock after selling 72 shares during the quarter. Fullcircle Wealth LLC’s holdings in S&P Global were worth $931,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Eastern Bank raised its position in shares of S&P Global by 3.1% during the 4th quarter. Eastern Bank now owns 50,157 shares of the business services provider’s stock worth $24,980,000 after purchasing an additional 1,530 shares during the period. Wealthfront Advisers LLC grew its stake in S&P Global by 19.1% during the 4th quarter. Wealthfront Advisers LLC now owns 37,746 shares of the business services provider’s stock worth $18,799,000 after buying an additional 6,051 shares during the last quarter. Synergy Asset Management LLC increased its position in S&P Global by 110.8% in the fourth quarter. Synergy Asset Management LLC now owns 23,868 shares of the business services provider’s stock worth $12,066,000 after buying an additional 12,547 shares during the period. Miracle Mile Advisors LLC lifted its stake in S&P Global by 50.0% in the fourth quarter. Miracle Mile Advisors LLC now owns 21,496 shares of the business services provider’s stock valued at $10,705,000 after buying an additional 7,170 shares during the last quarter. Finally, James Hambro & Partners LLP boosted its holdings in shares of S&P Global by 0.9% during the fourth quarter. James Hambro & Partners LLP now owns 217,029 shares of the business services provider’s stock valued at $108,173,000 after acquiring an additional 1,899 shares during the period. Institutional investors own 87.17% of the company’s stock.

S&P Global Price Performance

NYSE SPGI opened at $505.84 on Thursday. The stock has a market capitalization of $155.14 billion, a P/E ratio of 40.96, a P/E/G ratio of 2.41 and a beta of 1.23. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. The business’s fifty day moving average is $486.85 and its two-hundred day moving average is $501.75. S&P Global Inc. has a 1 year low of $419.49 and a 1 year high of $545.39.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, April 29th. The business services provider reported $4.37 EPS for the quarter, beating the consensus estimate of $4.23 by $0.14. The business had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $3.72 billion. S&P Global had a return on equity of 14.33% and a net margin of 27.12%. S&P Global’s revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business posted $4.01 earnings per share. On average, research analysts forecast that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 28th will be issued a dividend of $0.96 per share. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.76%. S&P Global’s dividend payout ratio is currently 30.16%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SPGI. JPMorgan Chase & Co. dropped their price objective on shares of S&P Global from $618.00 to $565.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Robert W. Baird dropped their price target on shares of S&P Global from $616.00 to $589.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 30th. StockNews.com downgraded S&P Global from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. Wells Fargo & Company raised their target price on S&P Global from $607.00 to $627.00 and gave the company an “overweight” rating in a research report on Wednesday, April 30th. Finally, Evercore ISI boosted their price target on S&P Global from $599.00 to $608.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Two analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $592.71.

Insider Activity at S&P Global

In related news, EVP Sally Moore sold 500 shares of the stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $510.43, for a total value of $255,215.00. Following the completion of the sale, the executive vice president now directly owns 5,131 shares of the company’s stock, valued at approximately $2,619,016.33. This represents a 8.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.10% of the stock is owned by insiders.

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.