S&P Global Inc. (NYSE:SPGI) is AMS Capital Ltda’s 8th Largest Position

AMS Capital Ltda lessened its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 15.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,374 shares of the business services provider’s stock after selling 3,458 shares during the period. S&P Global makes up about 4.6% of AMS Capital Ltda’s portfolio, making the stock its 8th biggest holding. AMS Capital Ltda’s holdings in S&P Global were worth $9,151,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Wellington Management Group LLP lifted its holdings in shares of S&P Global by 3.4% during the 3rd quarter. Wellington Management Group LLP now owns 8,868,375 shares of the business services provider’s stock valued at $4,581,580,000 after purchasing an additional 292,436 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of S&P Global by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 6,473,774 shares of the business services provider’s stock valued at $3,332,016,000 after purchasing an additional 113,146 shares during the last quarter. FMR LLC raised its stake in S&P Global by 6.6% in the 3rd quarter. FMR LLC now owns 5,965,369 shares of the business services provider’s stock worth $3,081,830,000 after acquiring an additional 369,598 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in S&P Global by 1.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,713,617 shares of the business services provider’s stock worth $1,401,909,000 after acquiring an additional 28,458 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in S&P Global by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,936,697 shares of the business services provider’s stock worth $1,000,536,000 after acquiring an additional 26,300 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Analysts Set New Price Targets

SPGI has been the subject of a number of research analyst reports. Oppenheimer reduced their target price on S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. UBS Group raised their target price on S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Wells Fargo & Company raised their target price on S&P Global from $617.00 to $633.00 and gave the stock an “overweight” rating in a research note on Wednesday. JPMorgan Chase & Co. reduced their target price on S&P Global from $600.00 to $585.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Finally, BMO Capital Markets raised their target price on S&P Global from $576.00 to $590.00 and gave the stock an “outperform” rating in a research note on Thursday. Two investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, S&P Global presently has an average rating of “Moderate Buy” and a consensus target price of $587.92.

S&P Global Trading Up 2.1 %

SPGI stock opened at $542.44 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.33. S&P Global Inc. has a 12-month low of $407.69 and a 12-month high of $542.77. The stock has a market cap of $168.32 billion, a price-to-earnings ratio of 47.88, a PEG ratio of 2.39 and a beta of 1.20. The business’s 50-day moving average is $506.35 and its 200 day moving average is $506.53.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.41 by $0.36. S&P Global had a return on equity of 13.72% and a net margin of 25.80%. During the same period in the previous year, the business posted $3.13 EPS. On average, sell-side analysts anticipate that S&P Global Inc. will post 15.34 EPS for the current fiscal year.

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 $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 0.71%. 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 (DPR) is 32.13%.

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.