1,970 Shares in S&P Global Inc. (NYSE:SPGI) Purchased by Triglav Skladi D.O.O.

Triglav Skladi D.O.O. purchased a new position in shares of S&P Global Inc. (NYSE:SPGI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,970 shares of the business services provider’s stock, valued at approximately $981,000.

Other hedge funds have also recently modified their holdings of the company. Minot DeBlois Advisors LLC acquired a new position in shares of S&P Global during the 4th quarter worth about $25,000. Anderson Financial Strategies LLC acquired a new position in shares of S&P Global during the 4th quarter worth about $27,000. Human Investing LLC acquired a new position in shares of S&P Global during the 4th quarter worth about $30,000. Noble Wealth Management PBC acquired a new position in shares of S&P Global during the 4th quarter worth about $31,000. Finally, Hazlett Burt & Watson Inc. raised its position in shares of S&P Global by 131.0% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 67 shares of the business services provider’s stock worth $32,000 after purchasing an additional 38 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Stock Performance

NYSE:SPGI opened at $522.36 on Monday. 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 stock has a market capitalization of $160.21 billion, a P/E ratio of 42.30, a PEG ratio of 2.41 and a beta of 1.23. The company has a 50 day moving average price of $487.94 and a 200 day moving average price of $502.70. S&P Global Inc. has a fifty-two week low of $419.49 and a fifty-two week high of $545.39.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, April 29th. The business services provider reported $4.37 earnings per share for the quarter, topping analysts’ consensus estimates of $4.23 by $0.14. The firm had revenue of $3.78 billion during the quarter, compared to analysts’ expectations of $3.72 billion. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company posted $4.01 EPS. Equities research analysts forecast that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 28th will be given a $0.96 dividend. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a $3.84 annualized dividend and a yield of 0.74%. S&P Global’s dividend payout ratio is presently 30.16%.

Insider Buying and Selling at S&P Global

In other S&P Global news, EVP Sally Moore sold 500 shares of the firm’s stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $510.43, for a total value of $255,215.00. Following the completion of the transaction, the executive vice president now owns 5,131 shares of the company’s stock, valued at $2,619,016.33. This trade represents a 8.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

SPGI has been the subject of a number of recent research reports. Stifel Nicolaus cut their price objective on shares of S&P Global from $629.00 to $603.00 and set a “buy” rating for the company in a report on Wednesday, April 30th. Evercore ISI increased their price target on shares of S&P Global from $599.00 to $608.00 and gave the company an “outperform” rating in a research note on Wednesday, February 12th. StockNews.com cut shares of S&P Global from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th. JPMorgan Chase & Co. dropped their price target on shares of S&P Global from $618.00 to $565.00 and set an “overweight” rating for the company in a research note on Wednesday, April 16th. Finally, Bank of America began coverage on shares of S&P Global in a research note on Thursday, April 10th. They issued a “buy” rating and a $600.00 price target for the company. Two analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat.com, S&P Global has a consensus rating of “Moderate Buy” and an average price target of $592.71.

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.