S&P Global Inc. (NYSE:SPGI) Shares Bought by BKM Wealth Management LLC

BKM Wealth Management LLC increased its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 6.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,264 shares of the business services provider’s stock after purchasing an additional 212 shares during the quarter. BKM Wealth Management LLC’s holdings in S&P Global were worth $1,626,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Northwest Investment Counselors LLC purchased a new position in S&P Global in the 3rd quarter worth approximately $27,000. First Personal Financial Services purchased a new position in shares of S&P Global during the 3rd quarter valued at approximately $29,000. Human Investing LLC purchased a new position in shares of S&P Global during the 4th quarter valued at approximately $30,000. Capital Performance Advisors LLP purchased a new position in shares of S&P Global during the 3rd quarter valued at approximately $31,000. Finally, Voisard Asset Management Group Inc. boosted its stake 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 valued at $32,000 after buying an additional 27 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on SPGI shares. Wells Fargo & Company increased their target price on S&P Global from $617.00 to $633.00 and gave the company an “overweight” rating in a research note on Wednesday, February 12th. BMO Capital Markets raised their price objective on S&P Global from $576.00 to $590.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Evercore ISI raised their price objective on S&P Global from $599.00 to $608.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Stifel Nicolaus raised their price objective on S&P Global from $540.00 to $560.00 and gave the stock a “buy” rating in a research note on Monday, October 28th. Finally, StockNews.com upgraded S&P Global from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $587.92.

S&P Global Stock Down 0.5 %

Shares of SPGI stock opened at $539.77 on Tuesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.94 and a current ratio of 0.94. The stock’s 50 day simple moving average is $507.39 and its 200 day simple moving average is $507.42. The company has a market capitalization of $167.49 billion, a price-to-earnings ratio of 47.64, a PEG ratio of 2.39 and a beta of 1.20. S&P Global Inc. has a twelve month low of $407.69 and a twelve month high of $545.39.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 earnings per share 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 quarter last year, the firm posted $3.13 EPS. As a group, research analysts predict that S&P Global Inc. will post 15.34 EPS for the current year.

S&P Global Increases Dividend

The firm also recently disclosed 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 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. S&P Global’s payout ratio is currently 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.