Bleakley Financial Group LLC Purchases 73 Shares of S&P Global Inc. (NYSE:SPGI)

Bleakley Financial Group LLC increased its position in S&P Global Inc. (NYSE:SPGI) by 1.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,029 shares of the business services provider’s stock after acquiring an additional 73 shares during the quarter. Bleakley Financial Group LLC’s holdings in S&P Global were worth $3,501,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Northwest Investment Counselors LLC bought a new position in shares of S&P Global during the 3rd quarter worth about $27,000. First Personal Financial Services bought a new position in shares of S&P Global during the 3rd quarter worth about $29,000. Capital Performance Advisors LLP bought a new position in shares of S&P Global during the 3rd quarter worth about $31,000. Voisard Asset Management Group Inc. increased its holdings in shares of S&P Global by 77.1% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock worth $32,000 after purchasing an additional 27 shares during the period. Finally, Dunhill Financial LLC increased its holdings in shares of S&P Global by 94.4% during the 3rd quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock worth $36,000 after purchasing an additional 34 shares during the period. Institutional investors own 87.17% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Morgan Stanley lifted 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 report on Thursday, December 12th. Citigroup assumed coverage on shares of S&P Global in a research report on Friday, December 20th. They set a “buy” rating and a $600.00 target price on the stock. Oppenheimer decreased their target price on shares of S&P Global from $590.00 to $580.00 and set an “outperform” rating on the stock in a research report on Friday, January 3rd. Stifel Nicolaus lifted their target price on shares of S&P Global from $540.00 to $560.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Finally, Robert W. Baird lifted their target price on shares of S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $584.54.

S&P Global Trading Up 0.8 %

Shares of NYSE SPGI opened at $518.52 on Friday. S&P Global Inc. has a 1-year low of $407.69 and a 1-year high of $533.29. The company has a market cap of $160.90 billion, a PE ratio of 45.76, a P/E/G ratio of 2.40 and a beta of 1.20. 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 company has a 50-day moving average of $506.01 and a two-hundred day moving average of $505.23.

S&P Global Increases Dividend

The business 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 $0.96 dividend. The ex-dividend date is Wednesday, February 26th. This is an increase from S&P Global’s previous quarterly dividend of $0.91. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.74%. S&P Global’s payout ratio is currently 33.89%.

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.