First National Corp MA ADV decreased its position in S&P Global Inc. (NYSE:SPGI – Free Report) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,324 shares of the business services provider’s stock after selling 20 shares during the quarter. First National Corp MA ADV’s holdings in S&P Global were worth $1,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of SPGI. Northwest Investment Counselors LLC bought a new stake in shares of S&P Global in the 3rd quarter valued at approximately $27,000. First Personal Financial Services purchased a new stake in S&P Global during the 3rd quarter valued at $29,000. Capital Performance Advisors LLP bought a new stake in S&P Global in the third quarter worth $31,000. Voisard Asset Management Group Inc. boosted its stake in S&P Global by 77.1% during the third quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock worth $32,000 after buying an additional 27 shares during the period. Finally, Dunhill Financial LLC increased its position in S&P Global by 94.4% during the third quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 34 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.
Analyst Upgrades and Downgrades
SPGI has been the subject of several analyst reports. Robert W. Baird raised their target price on shares of S&P Global from $536.00 to $575.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Oppenheimer decreased their price objective on shares of 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. Citigroup assumed coverage on S&P Global in a research report on Friday, December 20th. They set a “buy” rating and a $600.00 target price for the company. JPMorgan Chase & Co. reduced their price target on S&P Global from $600.00 to $585.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Finally, BMO Capital Markets boosted their price objective on S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $584.54.
S&P Global Stock Down 0.0 %
Shares of S&P Global stock opened at $519.00 on Monday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market cap of $161.05 billion, a price-to-earnings ratio of 45.81, a PEG ratio of 2.39 and a beta of 1.20. The firm’s 50-day moving average is $505.85 and its two-hundred day moving average is $505.61. S&P Global Inc. has a 1 year low of $407.69 and a 1 year high of $533.29.
S&P Global Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th will be paid a dividend of $0.96 per share. The ex-dividend date of this dividend 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 dividend payout ratio (DPR) 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.
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