Calamos Wealth Management LLC Acquires 53 Shares of S&P Global Inc. (NYSE:SPGI)

Calamos Wealth Management LLC grew its position in S&P Global Inc. (NYSE:SPGI) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,150 shares of the business services provider’s stock after acquiring an additional 53 shares during the quarter. Calamos Wealth Management LLC’s holdings in S&P Global were worth $12,027,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in SPGI. Czech National Bank increased its holdings in S&P Global by 6.9% in the 3rd quarter. Czech National Bank now owns 65,228 shares of the business services provider’s stock worth $33,698,000 after acquiring an additional 4,229 shares in the last quarter. GAMMA Investing LLC boosted its holdings in S&P Global by 20.6% during the 3rd quarter. GAMMA Investing LLC now owns 3,033 shares of the business services provider’s stock valued at $1,567,000 after acquiring an additional 518 shares during the period. Diversified Trust Co grew its stake in S&P Global by 41.1% during the 3rd quarter. Diversified Trust Co now owns 1,689 shares of the business services provider’s stock worth $873,000 after purchasing an additional 492 shares in the last quarter. Smith Anglin Financial LLC increased its holdings in shares of S&P Global by 7.3% in the 3rd quarter. Smith Anglin Financial LLC now owns 512 shares of the business services provider’s stock valued at $265,000 after acquiring an additional 35 shares during the last quarter. Finally, Chemistry Wealth Management LLC raised its stake in S&P Global by 0.8% during the 3rd quarter. Chemistry Wealth Management LLC now owns 4,580 shares of the business services provider’s stock worth $2,366,000 after acquiring an additional 37 shares in the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Trading Down 0.6 %

NYSE:SPGI opened at $518.53 on Tuesday. S&P Global Inc. has a 52 week low of $407.69 and a 52 week high of $533.29. The firm has a 50-day moving average price of $506.40 and a two-hundred day moving average price of $504.70. The firm has a market cap of $160.90 billion, a price-to-earnings ratio of 45.77, a price-to-earnings-growth ratio of 2.40 and a beta of 1.20. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.94 and a current ratio of 0.94.

S&P Global Increases Dividend

The firm also recently declared 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 yield of 0.74%. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Wednesday, February 26th. S&P Global’s dividend payout ratio is presently 32.13%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Morgan Stanley raised their target price on S&P Global from $570.00 to $595.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Stifel Nicolaus raised their price target on shares of S&P Global from $540.00 to $560.00 and gave the company a “buy” rating in a report on Monday, October 28th. UBS Group upped 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 note on Friday, October 25th. Wells Fargo & Company lowered their price objective on shares of S&P Global from $620.00 to $617.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. Finally, JPMorgan Chase & Co. cut their price objective on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating on the stock in a research note 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $584.54.

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.